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.
Home Listing
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.
Last Chance Saloon in Illinois
…and then there was only one option on the table.
Controversial European Tax to be Watered Down
European Commission concedes compromise on Financial Transaction Tax is inevitable.
TIAA-CREF Escapes Shareholder Vote on Israel Divestment
A Palestinian activist group’s proposal to bar CREF from stock of companies involved in Israeli West Bank settlements does not have to go to proxy vote, the SEC has decided.
Japan Pension Ponders Nikkei-Boosting Game-Changer
Rumours of Japan's public pension fund - a pool of more than $1 trillion - is considering allowing investment in domestic stocks to grow with a rallying market.
Are You Obsessed with Central Banks? BlackRock Thinks So
Central bank action has manipulated markets – is it time to take a step back and take stock?
Why Infrastructure is Back on the Menu for Insurers
Solvency II concerns take a back seat as insurers seek strong returns to repair their balance sheets.
Going Big: Norway Takes on Risk Factors for Large Portfolios
Practical complications get in the way when risk-factor models are applied to funds over $100 billion, and Norway’s Ministry of Finance has released a how-to guide for considering them.
Illinois Pension Proposal: Solution or Unconstitutional?
The drama continues in Springfield, IL.
To Outsource, or Not to Outsource – That is the Australian Question
Australia Ponders Internal vs External Investment.
South Korean Pension Lowers Return Target
The engines are not firing as they used to in South Korea – and it’s hurting the pension assets.
Eurozone Remains Sluggish as Global Economy Starts to Recover
OECD advanced economies’ GDP projected to rise by 1.2% in 2013, and non-OECD countries will rise by 5.5%.