Regulator ‘Too Harsh’ on Pensions Hit By QE
The UK Pensions Regulator has been warned its stance on funding ratios does not take enough account of efforts to stem the financial turmoil.
Newsmakers
Harvard Paper: Solutions in Sight for Underfunded Public Pensions
The size of the public pension problem in the United States is growing, and a new paper published by the Harvard Kennedy School for Business and Government explores the obstacles to reform along with potential solutions.
GMO's Grantham: How to Protect Your Job and Your Clients' Money
"Good client management is about earning your firm an incremental year of patience,” says Jeremy Grantham of GMO Capital Management, noting that the goal for investors should be to not underperform bear markets.
Editorial: Pro·vo·ca·teur
A letter from aiCIO's Managing Editor Paula Vasan on the new Provocateur section.
Editorial: Long-Term Thinking
A letter from aiCIO's Editor-in-Chief Kip McDaniel on the magazine's 40 Under 40 list, a representation of "the very best of our target audience’s youthful tail."
Column on SAA: Simply Awful Allocations?
From aiCIO Magazine's April Issue: Many institutions are looking for a new approach and are adopting risk parity and other de-risking strategies, but many of these approaches reflect faulty applications of the theories.
Column: Youth—and a Dash of Cynicism
From aiCIO Magazine's April Issue: In this decade of upheaval, so much of what we take for granted in the institutional investment arena desperately needs to be viewed through fresh eyes.
Consultant Corner: A Look at Young Talent in the Consulting World
From aiCIO Magazine's April Issue: Keep your eye on this rising star in the independent investment consultant community.
Are Insurance Funds the Next Leap for Asset Management?
From aiCIO Magazine's April Issue: In the race for asset gathering, have fund managers fixed their sights on pastures new?
Are CIOs Abandoning Pensions?
From aiCIO Magazine's April Issue: The transition among chief investment officers from the corporate and public pension space into the endowment world are increasingly numerous as the strains within the pension arena intensify.
Are Daggers Out Between Consultants and Asset Managers?
From aiCIO Magazine's April Issue: The line between the two camps are blurring; can both 'outsourced' models survive and will the client even end up the victor?
Public Pensions Are a Breeding Ground for Fee Collection, Fund Manager Says
Public pension funds are guilty of spending too much on fees paid out to consultants and fund managers, industry sources say.
Pension CIOs Win Award for Paper on Risk Management
The leaders of the Kodak and San Bernardino County pension systems, along with two others, have won the Edward D. Baker III Journal Award from the Investment Management Consultants Association for their paper on dynamic beta.
Better Diversity Needed on Dutch Pension Boards
Company boards are getting more diverse in their composition, the same now needs to happen for their pension funds, a study has found.
Strike Now for Buy-Ins
As interest rates look set to stay low and inflation potentially on the rise, is now the time to insure pension liabilities?