Following the $1.3 billion group annuity purchase of 45,000 International Paper pensions, Prudential’s senior vice president and actuary shows CIO how it’s done.
Asset Management Culture
Discussions in preliminary stage, source says.
The venture is looking to invest as much as $300 million in major US markets, and has obtained a line of credit from Goldman Sachs.
Deadline extended until Tuesday evening.
The proportion of self-employed workers in the UK continues to grow.
Aon Hewitt report shows that funding for the top 5% of pensions plans has risen, while funding for the bottom 5% has fallen.
The annual report shows that a 12.8% return gives net assets an $18.8 billion boost.
University says high returns justify the cost of actively managed investments.
The bank’s big growth area continues to be broad beta ETFs.
Over the past five years, investment returns added $1.2 billion to the state’s retirement system.
Even with lowered returns, no negative impact on ability to meet obligations.
On the CIO challenges of finding the right metrics for opaque assets, outside managers and the board.