Iceland’s Success Story
There is one area of Icelandic financial services that didn’t take a tumble during the financial crisis.
Newsmakers
New Alternatives Specialist for Royal Mail Pension
The former head of alternatives at one of the UK’s largest pensions has landed at another fund.
Texas Teachers’ Strategic Partners Beating Benchmark with 2.8% Alpha
The $118 billion pension fund is rather pleased with its five public market partners.
CIC Boosts Internal Structure as Lou Jiwei Bids Adieu
Asia’s largest SWF is tooling up and taking its place among the world’s most sophisticated investors.
Is the Future of European Cross-Border Pensions in DC?
EIOPA report finds cross-border IORP figures have fallen for the first time since 2007, but two new launches were defined contribution only.
Investment: Where DC Should Not Focus, Say Consultants
Enrolment, contributions, and apathy should be addressed before considering investment, DC consultants have claimed.
ConvergEx Shutting Down Non-US Transition Management Business
The New York-based firm is pulling back its once-global reach.
New Leader for Singapore’s Sovereign Wealth Fund
Seasoned Chairman Suppiah Dhanabalan is set to retire, making way for former politician and corporate board member Lim Boon Heng.
The End of False Dawns for Land of the Rising Sun?
A JP Morgan Asset Management paper has claimed the time is right for Japan to shake off its deflationary shackles, making it attractive to investors once more.
Vanderbilt Gets New CIO
Anders Hall, formerly of Duke University’s investment team, heads to the $4 billion endowment.
LGIMA Adds LDI Veteran to its Roster
Jodan Ledford has left UBS’ asset management team to lead Legal and General Investment Management America’s LDI endeavors.
PIMCO’s Bill Gross: QE Tightening Won’t Happen until 2016
Gross takes to social networking site Twitter to reassure investors QE tapering is a long way off.
Multi-Asset Hero Departs Standard Life Investments
Another member of the original GARS team has left the fund.
Build an Infrastructure Bank and Investors Will Come, UK Government Told
Pension Insurance Corporation urges the government to consider three key plans to make infrastructure more attractive to institutions.
University of California CIO Job Opens
Marie Berggen has retired after seven years as the $80 billion fund’s first CIO.