When Absolute Return Isn’t the Goal, How Is Success Measured?
From aiCIO's February issue: A sidebar to the cover story, on tracking success in LDI. Kip McDaniel reports.
Newsmakers
Column: Further Threats to Asset Management
From aiCIO's February Issue: The Boss Charlie Ruffel on the triumph of financial behaviorism.
ATP, AXA, AP4 Among aiCIO European Innovation Award Nominees
Barclays, Bernische Pensionskasse, and BT Pension are some of those who have been shortlisted for aiCIO’s inaugural awards for Innovation in Europe.
Star Goldman Hire Quits As O’Neill Departs
Goldman Sachs Asset Management takes another hit to its senior bench with the departure of a star hire, barely 30 months after he joined the firm.
Pennings Lied to State Street Clients, Judge Concludes
Judge has trouble "distinguishing [Pennings' conduct] from embezzlement," but also criticises State Street's handling of Pennings' dismissal.
Insight, Northern Trust, Schroders, Among Winners of Inaugural aiCIO European Innovation Awards
Cardano and Deutsche Bank pick up awards at our first prize-giving for innovation in Europe.
Investor Interest in Large to Mega PE Buyout Funds Increases, Preqin Says
Preqin may have some encouraging news for fund managers looking to raise capital from limited partners for private equity buyout funds.
CIOs Call on JP Morgan to Drop Dimon as Chair
Splitting the role of board chairman and chief executive officer would improve transparency and compliance at the firm, according to a coalition of pension funds.
Want a Bigger Bonus? Work in Risk Management
Vintners and supercar merchants may need to change their target markets. It’s the risk-controllers, not the risk takers, who are taking home the bacon this year.
Asset Management + Investment Banking = Conflict
Conflicts of interest are pervasive in the asset management business owned by investment banks, an academic paper asserts.
Institutional Investors Should Reconsider ‘Safe Haven’ Government Bonds, Mercer Warns
Institutional investors should have one eye on the opportunities that could arise from a tentative economic recovery, Mercer says.
Review of New York Pension Shows Resource Strain, Praises Transparency
An independent review of New York State Common Retirement Fund finds the Comptroller's reforms "highly effective." yet highlights resource strains and an over-reliance on consultants.
Hey Fund Managers, Cheer Up!
The aftermath of the financial crisis has not been easy for fund managers, but they have reason to be optimistic in 2013, a survey by Towers Watson finds.
Who Has Been Shortlisted for Our European Innovation Awards?
Asset managers, custodians, consultants – which firms have made the shortlist?
Japanese Bank Buys Major Dutch Asset Manager
A key Dutch asset management firm is snapped up by a Japanese financial firm keen on expanding into Europe.