French Reserve Fund Loses CIO
The head of investment at the French pension reserve fund has left after almost a decade with the organisation.
Newsmakers
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.
Efficient Market Hypothesis Drove Crash, Critics Say
The capital asset pricing model and the efficient market hypothesis reflects the death of investor common sense, claims the 300 Club, noting that such theories contributed to the 2008 financial collapse.
OMERS, Japanese Partners Eye $20 Billion Infrastructure Fund
The pension plan representing municipal workers in Ontario has teamed up with two Japanese partners to launch a global investment fund.
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.
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.