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.
Newsmakers
University of California CIO Job Opens
Marie Berggen has retired after seven years as the $80 billion fund’s first CIO.
GM Names New CIO
Dhivya Suryadevara, who was instrumental in GM’s $26 billion pension risk transfer to Prudential, has taken over the top investment position.
SWIB CIO Villa Joins Iconoclastic 300 Club
David Villa, CIO of the State of Wisconsin Investment Board, joins other global investors in the incipient group.
Discount Rate Delight Leads to Deficit Drop
Swiss pension funds enjoy another discount rate rise, boosting funding for a second quarter, according to Towers Watson.
Column: The Rise of Liquid Alternatives
Daniel Enskat talks about the shift from using alternatives as satellite investments to including them in a core asset allocation strategy.
CIO Profile: Insurer Mark Versey, Seeking Alpha in Illiquids
Friends Life's CIO talks Solvency II, increasing alternative allocations, and what his most rewarding investment decision has been since 2008.
Music To Their Ears: EMI Buyout Agreed at £1.5 Billion
The UK’s largest pension risk transfer to date brings relief after four-year dispute.
Interactive Map Created By SWF Institute
Ever wondered where the world’s biggest sovereign wealth funds are?
Moody’s Reviews Custodians for Downgrade over Profitability Fears
BNY Mellon, State Street, and Northern Trust don’t earn enough from core custody, Moody’s suspects.
Risk Parity: What’s Next?
In this second half of aiCIO’s feature into risk parity’s most traumatic quarter, Bridgewater, Invesco, AQR, Lombard Odier, and Northwater Capital outline the changes each has made to its risk parity product to help it withstand future hardships.
Risk Parity: What Happened?
In the first of a two-part feature, Bridgewater, Invesco, AQR, Lombard Odier, and Northwater Capital explain why their products’ returns recently fell, and why investors shouldn’t be concerned.
Fears over Future of US Multi-Employer Pensions
Taft-Hartley funds will have to adapt to survive, according to many of those running them.
Down With Quarterly Reports, Urges Pension Summit
At a Toronto summit,
institutional investors called for an end
to quarterly reports, and new era of asset owner collaboration.
Happy Canada (Investment) Day!
Canadian pension funds (probably) celebrate the day with lots of investment news.