Regulation
Canadian Defined Benefit Plans Surge at End of 2019
Rising bond yields, strong asset returns bring funded ratio to near all-time high.
News Archive: Jan - 2020
Regulation
Top Fraudsters and Financial Crimes of 2019 in the UK
Eco-investment scheme tops list of more than 600 convicted frauds.
Asset Allocation
More Hedge Funds Close in 2019 than Opened
As stocks soared in 2019, the funds saw investor exoduses amid lackluster returns.
Asset Management Culture
Arizona State Pension Is Headed for ‘Complete Desperation,’ Research Group Warns
Pension’s unfunded liabilities making it difficult to hire, retain teachers.
Asset Allocation
New WWE Football League Provokes Oklahoma Pension Lawsuit
Pension alleges the company’s chairman, Vince McMahon, diverted company resources to support a new, unrelated venture.
Regulation
MetLife to Pay SEC $10 Million Fine Over Pension Accounting Violations
Firm assumed annuitants were dead or unreachable if they didn’t respond to two mailings.
Risk
EU Pension Plans Show Massive Shortfalls in Stress Test
Only 30% of plans have processes to manage ESG risks.
Market Moves
S&P 500 May Fall 20% in Early 2020, Bullish Ed Yardeni Says
But then he expects a rebound that will send the market up again in the second half.
Asset Management Culture
Corporate DB Funding Level Nudged Upward in 2019
Large company plans gain a point, to 87%, Willis Towers Watson says.
Research
State Pension Funds Adjust to ‘New Normal’ of Lower Returns
Some states employ clever tactics to compensate for reduced return on assets.
Asset Allocation
Meketa Shares Its Biggest Concerns for 2020
Slowing global economic growth, China’s economic rebalancing, and European uncertainty top the consultancy’s list.