The division -- established in 2009 and touted as a best-in-class investment structure for the world's largest pension funds -- severely underperformed its internal benchmark this past year.
Book Review: Michael Lewis' latest -- and superb -- effort, "The Big Short." Review by Joe Flood.
El-Erian told reporters: "We will go through a bumpy journey to get to this new normal and we do not how long it will last."
Michael Smith at UF and James Walsh at Ivy League Cornell cite personal reasons, pursuit of new challenges.
International-oriented ETFs helped boost the value of the university's US securities at the end of last year.
Companies are increasingly outsourcing risk by offloading defined benefit pension scheme liabilities, research from consultants Hymans Robertson shows.
Signatories to the compact are committed to reporting annually on company progress in implementing environmental, labor, social and corporate governance goals.
Mercer has expanded coverage in North America, Europe and Australia.
The $7 billion San Diego County Retirement Association is working on adjusting its strategy in alternative investments.
BT nearly tripled Q3 profit, but its pension deficit is the biggest ever recorded by a UK private company.
Chairman Lou Jiwei Offers Glimpse Into China’s Sovereign Wealth Fund; Singapore’s Temasek to Create $4 Billion Investment Unit
CIC's Jiwei, a computer scientist-turned-economist, says the SWF will let its own in-house portfolio managers lead investments in developed markets. SWF Temasek will launch a new wholly owned subsidiary.
ATP Seeks “All Weather Portfolio”; Separate Accounts Gain in Popularity; Pensions Tell Hedgies to Cut Fees
While Denmark's pension fund ATP will up its investment in hedge funds, pension funds are hoping to negotiate lower fees with reluctant fund managers this year.
The specialist insurer is close to completing 600 million pounds ($942 million) in fundraising as it looks to profit from the growing desire of UK companies to insure their pension liabilities.
As automakers' pension funds earn lower rates of return, their funding needs escalate.