Report Pins Swiss Pension’s Shortfall on Manager ‘Misconduct’
BVK, Switzerland’s largest pension fund, suffered losses due to unsound investment practices, a parliamentary investigation has found.
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Large Investors Build Up Real Estate
Property is illiquid, but long-term investors are increasingly prepared to wait as stable rent agreements could provide much needed income.
GPIF vs. Canadian, US Models. Who Wins?
One academic paper aims to analyze how Japan's pension--the world's largest--compares with other schemes worldwide.
Hedge Funds Lagging S&P 500 by Nearly 11%
A Bank of America Merrill Lynch estimate puts hedge funds’ year-to-date returns at 3.04%.
SSgA Survey: Institutional Investors Expecting the Worst
In total, 71% of respondents believe a significant tail risk event is “highly likely” or “likely” to occur over the next year.
Discount Rates and Longevity Offset Pension Cash Injections (Again)
Corporate pension funds have been pouring additional contributions into a big, black hole, consultants have revealed.
ADIA Appoints Private Equities Head
The Middle East’s largest institutional investor is building out its private equities capability.
Pensions to Collect on BoA's $2.43 Billion Settlement
Eleven public pension funds, including CalPERS and Texas Teachers', were active participants in the lawsuit Bank of America has settled for $2.43 billion.
US Public Pensions Stock Up on Treasury Bonds
Allocations to federal government securities have hit an eight-year high, according to the latest US Census Bureau data.
Fixing the Economy Could Break Pensions
Getting developed markets back on an even keel is the ambition for all financial regulators – but pension funds should realise they’re not part of the deal.
NISA Puts Stake in the Ground With Volatility Index
Corporate plan fiduciaries and industry analysts may be comforted that future volatility in pension plans may be forecasted based on available data, which NISA has harnessed with its newly released index.
Goldman Fined $12 Million for ‘Secret’ Payments to Former Mass. Treasurer
A Goldman VP allegedly helped manage and fund the treasurer's run for governor, as the investment bank raked in more than $7.5 million in fees from the Treasury for securities services.
Irish National Pension Swindled by State Street, Audit Confirms
The Irish national pension fund has been revealed as the latest victim in State Street's transition management overcharging scandal.
Harvard Endowment Loses Value but Beats Benchmark
The $30.7 billion fund took a beating on emerging market equities, but solidly outperformed its real assets benchmark.
Beware the Risk of Peer Pressure and Passive Investing
Is the fear of something new combined with a fear of risk hurting returns when investors need them most?