The $163 billion system has appointed chief risk and compliance officers and an internal auditor.
New accounting standards have come in at a fortunate time for asset/liability ratios, but the positive data is unlikely to last, Fitch Ratings has warned.
Downward pressure on fees is leading to cost cutting at asset managers, a survey has found.
AQR’s outspoken founder has argued in favour of (well-managed) leverage despite the strategy falling out of favour post-crisis.
The Government Pension Investment Fund hasn’t factored in a stronger yen to its investment strategy.
Reporting season is unlikely to bring good news for retirement funds, the ratings agency has warned.
A UK energy company has insured £2 billion of longevity risk, while a survey shows that half of major pension funds could conduct a de-risking exercise by 2020.
A former Royal Bank of Scotland and ABN Amro risk management chief takes on a “crucial” role at the UK’s DB lifeboat fund.
A specific exposure common in DC plans—but almost unheard of for corporate pensions—most strongly predicts future financial distress, researchers have found.
Deflation is a modern invention—and investors need not be terrified of it, according to one eminent economist.