Wellcome Trust Appoints Former Hedge Fund Manager
Former head of Perry Capital London office joins the global charitable powerhouse.
News Archive: Jun - 2013
Fitch Downgrades Illinois over Pensions Mess
Time ran out on a pensions deal, and a ratings agency didn’t like it.
Smoothing Framework Hits Dutch Coverage Ratios
A fall in the three-month average in interest rates has resulted in higher liabilities for Dutch schemes, putting them in the firing line of the regulator.
Beware the End of the Glide Path
Rising rates would hit the end people nearest retirement disproportionally hard, according to a Casey Quirk paper, as glide paths derisk approaching their target date.
Utility Rejects Second OMERS, USS, KIO Advance
Infrastructure is appealing, but investors have to be prepared to pay.
“A Difficult Year for ABP”
Europe’s largest pure-play pension, admits pensioners have been hit the hardest hit in 2013—and they could be again next year.
Fed to Plunder Public Pension to Manage Debt Ceiling. Again.
The Fed is forced to tap the large cash pool once again to avoid breaching its limits.