NZ Super’s Orr Joins KIA to Lead SWF Group
Adrian Orr has been elected as deputy chair of the International Forum of Sovereign Wealth Funds, whose members include ADIA, the Future Fund, and CIC.
Newsmakers
Iran Appoints New SWF Head
President Rouhani brings in a former economic minister to lead Iran’s sovereign wealth fund.
Babies: the Answer to Ireland’s Pension Problems
Oh Danny Boy, Irish pensions need you so.
Outsourcing Proves a Hit for Aon Hewitt
The consultancy manages more than $40 billion of assets for clients globally.
CHIMCO Opens for Business as Ascension Investment Management
The $26 billion health care fund is accepting external assets as an investment management company.
Strong Outcomes for Chile’s DC Scheme
But they’re better for men than for women.
Swedish Pensions Dump Walmart after Failed Engagement Plan
There is no point talking to a brick wall—the largest Swedish pension funds walk away from the table.
Almost 25% of Irish DB Funds Will Be Gone By Next Year
Research from the Irish Association of Pension Funds has found 10% of final salary pensions have already wound up.
Church of England to Hold RBS Branches for the Long Term
CIO Tom Joy said his fund plans to hold Williams & Glyn’s shares even after an IPO.
Public Pension Saves $7.2M on Investment and Admin Costs
The Teachers’ Retirement System of Louisiana has flexed its muscles to drastically bring down investment fees.
GM Kicks Pensions Can Down the Road
General Motors will wait until 2015 to renegotiate its pension offering with the United Auto Workers.
CIO Profile: Switching Up the Status Quo in Chicago
Carmen Heredia-Lopez, CIO of Chicago Teachers’, has an unusual set of risks to manage—and an unusual investment team to help her do it.
Testing Public Pensions’ Sensitivity to Investment Returns
Public pension funds might never be fully funded in the next 30 years, according to research.
Are CIOs Giving Trustees Enough Credit?
CIOs blaming a lack of support from their trustee boards for slow progression are doing something wrong, according to one of aiCIO’s Professors.
ADIA vs Citigroup – the Battle Continues…
The financial titans could be heading back to court.