Commenting on aiCIO’s
inaugural FX Investment Risk Survey, Russell Investments' Ian Toner and ex-Russell
currency guru Cynthia Steer point to deficiencies in American asset owners' FX
practices.
Defined contribution plans should not replace defined benefit plans, asserts Thomas DiNapoli, the New York state comptroller and sole trustee of the $133.8 billion New York State Common Retirement Fund.
Going against the trend among Japanese institutional investors cutting exposure to euro-zone bonds, Japan's Government Pension Investment Fund is seeking exposure to the asset class.
From aiCIO Magazine's Winter 2011 Issue: A look ahead to 2012 on the topics of risk parity, real estate, low-volatility investing, LDI, and commodity investing.
From aiCIO Magazine's Winter 2011 Issue: Washington University’s $5 billion endowment chief investment officer Walker spoke with aiCIO about 2008, investment risk, and real assets.
From aiCIO Magazine's Winter 2011 Issue: Kunz, head of the Chicago Policeman's Annuity and Benefit Plan, spoke with aiCIO about international pension differences, mushroom hunting, and overconfidence.
From aiCIO Magazine's Winter 2011 Issue: Is the focus—and sometimes obsession—on assets under management when judging and predicting performance often erroneous thinking, reflective of a lack of logic? Many consultants think so.
From aiCIO Magazine's Winter 2011 Issue: Is it the San Diego Country Employees Retirement Association's attempts at good governance, and not poor investment decisions, that are causing its problems?
From aiCIO Magazine's Winter 2011 Issue: When foreign investors are looking to a new asset class, they do like to see that local investors are already there. However, for African private equity, this is not necessarily the case.
From aiCIO Magazine's Winter 2011 Issue: Are governments coercing funds to invest, or are such funds investing on their own volition—and with their own profit in mind?
From aiCIO Magazine's Winter 2011 Issue: With volatile markets and interest rate lows, older workers who participate in 401(k) or other defined contribution plans have watched their portfolios stagnate and gyrate.