Pension Poaches from Fund Manager for Internal Team
Asset managers are losing staff…to their pension fund clients.
Newsmakers
Tighter Fed = Wider Credit Spreads? No, Says Guggenheim’s Minerd
The Guggenheim Partner CIO cautions investors against assuming that when the Fed raises interest rates, credit spreads will widen in response.
The World’s 50 Most Admired Companies: How Many Have DB Plans?
Defined benefit pensions are perhaps the single most expensive and cumbersome benefit to provide employees—so do they matter?
Tony Blair: How Pensions are a Lot Like Politics
The UK’s former Prime Minster explains the conundrum of short-term decisions and long-term strategy.
Dutch Pension Manager PGGM Confirms New Head
The changing of the guard: Dutch pension giant appoints a new leader.
BlackRock’s UK Head of DC Steps Down
Steve Rumbles--BlackRock managing director and head of its defined contribution business for the UK--has resigned.
CPPIB Picks Up the Check for Half Billion in Food Assets
The Canadian pension giant now owns a little slice of Chef Boyardee—make that one ravioli?—having inked two food-focused secondary private equity investments together worth C$606 million.
Abu Dhabi Loses Fight to Citi over Bailout
One of the world’s largest investors has lost its fight against one of the world’s largest banks, which it helped back from the brink of bankruptcy.
The Hottest Club Around: The Pension World’s $20B Club
Five or six corporations crossed the $20 billion pension liability threshold in 2012, according to Russell research, including 3M, Johnson & Johnson, Delta Airlines, and Federal Express.
Charity Insures Pension as Liabilities Pull Others Under
Without a sponsor who can come up with the cash for contributions, charity pensions are feeling the heat.
Investors Take Aim to Avert Disney’s “Tragic Kingdom”
Something is rotten in the State of Disney, a group of investors say - and they want it sorted out.
On Muckraking
From aiCIO Magazine's February issue: In his editor's letter, Kip McDaniel discusses the choice to write news that may cause trouble.
What Price Illiquidity?
From aiCIO Magazine's February issue: Taking on, and getting paid, for illiquidity. Elizabeth Pfeuti reports.
Boeing Opens Up
From aiCIO Magazine's February issue: Paula Vasan on how Boeing is getting pension-conscious in its financial reporting.
Timberrrrrrr
From aiCIO Magazine's February issue: Paula Vasan reports on the lure of a New Zealand forest.