Letter From the Managing Editor: Customized TDF
From aiCIO Magazine's September Issue: Paula Vasan considers the future of larger corporate pension plans: DB, DC, and target-date funds.
News Archive: Sep - 2012
Letter From the Editor-in-Chief: Influence & Power
From aiCIO Magazine's September Issue: Kip McDaniel discusses the nature of influence, building New York, and the making of the Knowledge Brokers--a ranked list of the world's most influential investment consultants.
Appeal of Florida Pension Reform Hits Supreme Court
Arguments began on Friday over the Florida Legislature's voided 2011 pension reforms.
CalSTRS: State Controller's Accusations Addressing Pension Spiking Are Out-of-Date
CalSTRS CEO Jack Ehnes is defending the public pension against the State Controller's review addressing controls and processes over pension spiking, in which workers inflate their pension checks.
Low-Volatility Investing Finds Favour in Asia
Once only popular with the largest European and North American investors, low-volatility investing has spread to more corners of the world.
Texas Teachers’ Studies and Rejects Shift to DC Plan
A state-mandated study by the Texas teachers' pension found regular contributions, not structural overhaul, would improve its funding status.
NYC CIO Nagaswami Departs for Bridgewater
New York City’s first CIO is leaving the public sector for a senior strategist role at Bridgewater Associates.
Towers Watson: Tight Corporate Bond Market the ‘New Normal’
With inventories of corporate bonds at the lowest point in a decade, Towers Watson foresees sustained illiquidity and heightened volatility ahead for the fixed-income market.
Is ‘Boring’ Undervalued?
One investment strategist makes his case for why investors should aim for portfolios that keep calm and carry on.
Taking the Long View on Low Vol
Before committing to a low-volatility strategy, a leading strategist advises, investors must first commit to ditching short-term evaluations and relative risk benchmarking.
California Passes Pension Reform Bill
The new legislation should save taxpayers roughly $42 billion to $55 billion for CalPERS plans alone over the next 30 years.
How Will the JOBS Act Impact Hedge Funds?
Hedge funds, watch out -- the JOBS Act will drive the next major shift for the hedge fund industry, Margolis Advisory Group and River Communications claim.
Study: Institutional Trash is Hedge Fund Treasure
A new study of trading data related to major 'activist' hedge fund acquisitions indicates that institutional investors are usually on the other side of the deal.
Bain, Apollo, KKR Under Investigation for Tax Dodging
New York's attorney general has subpoenaed major private equity firms, suspecting they convert management fees into investments to duck income taxes, according to the New York Times.
SEC Aims for Stronger Compliance With Pay-to-Play Ban
The Securities and Exchange Commission is seeking to strengthen compliance with a Municipal Securities Rulemaking Board rule that limits political contributions by municipal securities professionals.