Maryland Foundation Names New CIO
The University System of Maryland foundation has named Samuel N. Gallo as its new Chief Investment Officer.
Newsmakers
Counterparty Risk Thrust Back in Spotlight After JP Morgan Loss
Despite the ruckus over new banking regulations, investors should not think these 'trusted partners' are 100% safe, market specialists have been warned.
CIC President: Sovereign Wealth Fund Halts Purchase of European Debt
Concerns over continued crisis in the Eurozone have caused the China Investment Corp to discontinue its purchase of European government debt.
Large, Liquid, Long-Term, Unlevered: Why Everyone Wants Public Pension Capital
The Profile: Ash Williams, Executive Director and CIO of the Florida State Board of Administration, speaks about public pensions and strategic partnerships—and why every asset manager wants them.
Institutional Investors Bite Back
Company executives have had it their own way for too long – investors are stepping up to the plate.
NCPERS Spells Out Public Plan Governance Best-Practices
Explicit risk policies, performance measurement, and liability accounting must all be part of strong governance structures at public pensions, according to the National Conference of Public Employees Retirement Systems.
CalSTRS Sues Wal-Mart Officials, Alleges Bribery
The second largest public pension fund in the United States has sued officers and directors of Wal-Mart over allegations that the retailer bribed officials in Mexico.
APG Starts Indian Hospitality Adventure
With burgeoning economies and growing wealth in the middle classes, European pension investors are looking east for leisure projects.
Is Federal Supervision the Silver Bullet to Pension Underfunding?
"The threat of a Federal Solution hopefully will deter plans who currently make the full actuarial required contributions payments from going back on this promise," says Chris Tobe, a former trustee of the Kentucky Retirement Systems (KRS).
Pension Fund Management Without the Ego
The Profile: Chris Parrott, Pensions Manager at BAA, tells aiCIO what a career in pensions has meant to him.
French Reserve Fund Loses CIO
The head of investment at the French pension reserve fund has left after almost a decade with the organisation.
Mercer: Pension Plan Funding Declines in April
Three steps forward, one step back -- that's the sad story for pension funds in the United States, according to new results from Mercer.
More Funding Pain for Dutch Pensions
A ‘perfect storm’ hits the Dutch pension system and there is no let-up in sight.
Foreign Equities Fuel Canadian Pension Rebound
Foreign equities have boosted Canadian pension plans to stronger returns in early 2012.
Pressure Mounts on JP Morgan to Split Top Role
Investors are being advised to vote to split the top role at one of the world’s largest banks.