LDI’s Collateral Damage
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Does LDI mean trouble for equity long-only managers?
Asset Allocation
Pension Risk Management in a Low Interest-Rate World
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Column by Ari Jacobs and Matthew Clink of Aon Hewitt.
Pearls of Wisdom
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Advice from Jay Vivian, an LDI pioneer with the IBM pension fund.
Institutional Investors Aim to Bump Up Hedge Fund Allocation
A new report by Preqin has found that 38% of institutional investors surveyed in the firm's most recent analysis aim to increase their exposure to hedge fund investments in 2012.
JP Morgan Survey: Despite Obstacles, European Institutions Remain Committed to Fixed-Income
A new survey by JP Morgan Asset Management shows that despite concerns of low interest rates, political risk, and portfolio risk among European institutional investors, fixed-income allocations will not be reduced.
BlackRock Sees ETF Growth Amid Lackluster Markets
Despite market volatility, BlackRock's Kevin Feldman notes that exchange-traded fund continue to gain momentum as a go-to place for gaining global access to the market.
Hedge Fund Report: Equity Hedge Leads, Macro Funds Wane Despite Commodity Gains
A new report by Hedge Fund Research shows that within the hedge fund universe, equity hedge leads the industry while macro funds decline.
Wilshire: Institutional Assets Suffer in 3Q, With Foundations & Endowments Hit Hardest
Performance of institutional assets was negative for the third quarter, with foundations and endowments hit hardest by market declines, according to Wilshire.
Report: Greece Desperate for Pension Reform While Australia Triumphs
Following a report by consulting firm Mercer that ranked the pension system of the United States in tenth place, a new analysis by Allianz Global Investors (AllianzGI) shows that Greece is under the most pressure to reform while the Australian pension system ranks as the best.
Endowment Study: Institutions Boast Investment Returns Averaging 19.8% in Fiscal Year
Preliminary data released by the Commonfund Institute and the National Association of College and University Business Officers (NACUBO) has found that for the 2011 fiscal year (July 1, 2010 to June 30, 2011), institutions’ endowments in the United States returned an average of 19.8%.
Buffett's Berkshire Hathaway Suffers Profit Drop in 3Q, Derivatives to Blame
Warren Buffett's Berkshire Hathaway has suffered a 24% decline in its third-quarter profits.
Mercer Releases Stewardship Service in Europe
Mercer has launched a new service to assist institutional investors in meeting the requirements of the UK Stewardship Code.
Study: Corporate Bond Indices Are Faulty
Research by the EDHEC-Risk Institute has concluded that the construction methodologies of corporate bond indices are unreliable.
Norwegian Sovereign Wealth Fund Rids Itself of US Mortgage Bonds
Norges Bank Investment Management (NBIM) has heavily reduced its holdings of mortgage-backed securities.
PwC Study: Pensions, Big Banks Fuel M&A Activity in Canada
A new report from PricewaterhouseCoopers shows that mergers-and-acquisitions activity in Canada was up in the third quarter from a year earlier, particularly in terms of deal volume, fueled by Canada's big banks and pension funds.