Five or six corporations crossed the $20 billion pension liability threshold in 2012, according to Russell research, including 3M, Johnson & Johnson, Delta Airlines, and Federal Express.
Institutional investors are increasingly rehoming hedge funds from the ‘alternatives’ bucket into asset classes based on their exposures, J.P. Morgan has found.
Large US public pensions are, on average, making alpha—but could be making more if they shifted a greater portion of their portfolios to passive investments, researchers say.
From aiCIO Magazine's February issue: Joanne Segars, chief executive of the UK's National Association of Pension Funds, on regulation and industry change.