Pensions Appoint First Custodian by Committee
The first-ever custody contract awarded through the UK's local pension organization is expected to save three schemes up to £1.5 million.
News Archive: May - 2014
ABF, Industriens, PGGM, PPF Win at aiCIO European Innovation Awards
Who else was victorious at aiCIO’s second European Innovation Awards?
Too Fast, Too Furious: UK Pension Reform
Abrupt government changes to savings policy endanger members’ outcomes, according to the National Association of Pension Funds.
Harvard Pays Top Five Staff $29 Million
The $32.7 billion endowment upped its total
compensation by nearly 9% in 2012, but HMC chief Jane Mendillo’s salary slipped
below 2011 figures.
The Cash-Rich Underfunded DB Plans
Research
found plan sponsors may be intentionally underfunding their pension plans to
boost their cash holdings.
Allianz Earnings Plummet on PIMCO Decline
The parent company’s profits for the division have fallen nearly 30% since last year.
Asset Managers To Get Fatter Bonus Checks This Year
Money
managers could expect up to a 10% bump in incentives in 2014 while investment
and commercial bank bonuses are projected to stay flat.
North Carolina Treasurer Proposes Limited Pension Reforms
The sole
fiduciary of the $86 billion pension fund said the discussion of moving to a
board of trustees model is likely to wait until January 2015.
PIMCO: The Age of ‘New Neutral’
PIMCO’s
latest long-term view reflects slow economic growth, high leverage, the end of
bull markets, and a lower neutral policy rate.
High-Frequency Trading: Winner Takes All?
Not all HFTs are created equal—and some
massively outperform their peers.
CalPERS Seeks a New CIO
The largest
US public pension has launched a global search for its new leader.
Investors Retreat from Risk (Again)
The largest cash piles in two years signal investors are not quite prepared to go all in.
OMERS Strengthens Private Equity Team
The Ontario pension fund has brought aboard an 18-year industry veteran to its London team.
Russell: Perfecting the DC Plan
Russell
Investments has outlined tweaks and improvements to mainstream schemes, and given an industry outlook for the next 10 years.
Multi-Manager v. Multi-Strategy: The Hedge Fund Debate
High fees
and employee turnovers of multi-manager hedge funds may overpower their benefits, Cambridge Associates has found.