New legislation signed by California Governor Jerry Brown -- which becomes law on January 1, 2012 -- has paved the way for CalPERS to strengthen its Chief Financial Officer position responsible for managing the financial processes for the pension fund, encouraging that transparency and internal controls are maintained.
Hoping to recover its value following the collapse of Lehman Brothers, Standard Life is suing 11 of its insurers who refused to pay a claim related to a cash injection into one of its pension funds.
As part of an inquiry by the US Securities and Exchange Commission to investigate the role of middlemen among pensions, the regulator has subpoenaed officials of Kentucky Retirement Systems to be interviewed.
Damon Krytzer, a pension trustee, and Sam Kunz, the chief investment officer of Chicago's Policemen's Annuity and Benefit Fund, speak with aiCIO on misperceptions behind dynamic asset allocation and risk parity strategies.
Saker Nusseibeh, the head of investments of Hermes and chairman of the new 300 Club, tells aiCIO that institutional investors should avoid following the heard and instead question and scrutinize unnecessary complexity.
The Alaska Permanent Fund Corporation is making progress in selecting a new chief investment officer to replace Jeffrey Scott, who departed from the fund in early August to join consulting firm Wurts and Associates.
The Melbourne Mercer Global Pension Index -- which includes 16 countries and 50% of the world population -- has found that the Netherlands, Australia, and Switzerland holds the top three spots in the ranking, while the US ranks in 10th place.
According to new research published by Aviva Investors, UK pensions could have improved their long-term investment performance by up to 3.5% a year if trustees had applied dynamic asset allocation to their portfolios.
The United Nations' Principles for Responsible Investment (PRI) has released a compendium to draw attention to how its signatories are implementing responsible investment practices in infrastructure investment.
