While reports have the San Diego County Employees Retirement Association considering a move towards internalizing their asset management, current outsourced CIO Lee Partridge denies he is considering the move.
Legislation passed by the Massachusetts Governor gives the $42 billion fund one year to study and exit any investments that directly or indirectly support the Iranian oil industry.
August is the shortest of months, with vacation and Summer Fridays making the time go simply too fast… except for those who eagerly await the September issue of ai5000, for whom the end of the month cannot come soon enough. For those most loyal of readers, we’re posting one article early. It’s Joe Flood’s Adventures in Algorithmic Trading, a look at the varied strategies that comprise the umbrella term ‘algo trading’ – and what it means for you.
New survey data issued by the London-based unit of consultant Mercer shows that the costs of rising life expectancy added billions of pounds to the pension bills of the United Kingdom’s largest 100 companies in 2009.
A recent study by Towers Watson has shown that while legislation recently signed into law could provide a between $19 billion and $63 billion reduction in required contributions over five years, only one-quarter of employers are likely to seek relief.
A study by Aon Consulting has discovered that combined pension deficit at the UK's top 200 firms fell by about a quarter between June and July, buoyed by improving equity markets and declining liabilities.
