Can Annuities Save Multiemployer Pensions?
Northwestern professor says annuities could have helped avoid the crisis.
News Archive: Mar - 2019
People Moves Roundup
AMP snags a former Apple head, Temasek International makes some big shifts, and more.
Market Moves
Hey, Maybe the Fed Should Cut Interest Rates
Some financial pros think the central bank has gone too far in its tightening campaign, and should reverse course, not just stand pat.
Regulation
Brazil’s Military Now Part of Pension Reform
President’s latest proposal aims to save about $3 billion over the next decade.
NextGen Nominations Open through April 5
Asset owners and managers to choose 25 of the industry's best up-and-comers.
UK Pensions Secretary Backs Collective Defined Contribution Plans
Amber Rudd said new type of pension should ‘deliver improved investment returns.’
Newsmakers
San Francisco Continues to Reduce Equity Portfolio
Dimensional Fund Advisors is the latest manager to be fired by the SFERS board due to performance issues for two of its investment strategies.
Newsmakers
Hirtle Callaghan Goes Tactical in 2019
As volatility returns to the market, the OCIO says investors shouldn’t run from risk assets.
Passive Investing to Overtake Active in 2021, Says Moody’s
Indexes now make up a bit more than one-third of funds, but will reach 50% in two years, the agency says.
Survey Highlights Need for Auto-Enrollment in Public Sector Supplemental Retirement Plans
As defined benefit plans shrink, supplemental plans are growing – but full participation may be hard to achieve without automatic enrollment.
Alternatives
CPPIB, Williams Form Infrastructure Joint Venture
$3.8 billion deal between Canadian pension fund and pipeline company is to develop natural gas transportation.
Moody’s Downgrades Rise, Amid Towering Corporate Debt
Downgrades continue to outnumber upgrades, although interest coverage seems stable enough, for now.
Bonuses Down 15% for Wisconsin Pension Managers
Incentive payout for 2018 was lowest amount in the past five years.
Regulation
SEC Charges Volkswagen with Defrauding Bond Investors
Regulator accuses automaker of ‘massive fraud’ to sell bonds at inflated prices.