Investment Outsourcing, Fiduciary Management Fails to Please
Investment outsourcing and fiduciary management are getting top marks with only half of their audience, despite a growing client base.
Newsmakers
Pensions Join Push for Female Directors
Public pension funds add their voice to demands for better female representation on UK company boards.
Study: CalPERS, CalSTRS vs. California's Local Pensions
California's local pension systems have over $130 billion in unfunded liabilities, a number that has been largely ignored as the state's unfunded liability has historically stolen the spotlight.
Paper on Equities Asks: If Not Now, When?
The stage is set for investors who pursue US equities to deliver active returns, a paper by UBS Global Asset Management asserts.
Western Australia to Create SWF, Following Leads of Norway, Middle East
Following on the heels of Norway and oil-rich states in the Middle East, Western Australia's Premier Colin Barnett has expressed plans to form its own sovereign-wealth fund to better harness its natural resources.
Tough Times Ahead for Money Market Funds
Money market funds look set for a torrid time in 2012 as regulatory pressures hit at the same time investors are demanding performance and liquidity.
Dutch Funds Reveal Shortfall Solutions
Dutch pension funds announce the extent of their benefit cuts as the regulator demands coverage ratio is met.
Why Does Sun Chemical Outsource Its Pension? Because It’s a Chemical Company.
If there are two overriding trends amongst corporate pensions, they are investment outsourcing and liability-driven investing (LDI). Sun Chemical, choosing to focus on its core competency, is doing both.
Russian SWF Picks up North American Advisers
Harvard and Caisse de Dépôts executives join new Russian SWF for investment and corporate governance advice.
What Keeps Wyoming's Pension CIO Up at Night?
John Johnson, the interim chief investment officer of the $6.5 billion Wyoming Retirement System, says thoughts of market volatility cause him many a restless night's sleep.
More Super Contributions to Change Investment Options ’Down Under’
Larger Australian asset pools will lead superannuation chiefs to reconsider their investment options and dump domestic providers, a new study has found.
Paper: High Correlation Between Equities, Commodities Is Unsustainable
Higher energy prices are contributing to soaring commodities prices, as they "sow the seeds of their own self destruction," a recent paper by Morgan Stanley Investment Management asserts.
LGIMA Advice to Plan Sponsors: Use Swaptions to Better Implement LDI
For pension plan sponsors that have a view that interest rates will rise and express this view by having a duration of assets significantly shorter than the duration of liabilities, swaptions can be used to more efficiently express this short duration “hedge later” mindset, according to Legal & General Investment Management America.
Largest Investors Demand Market Reform From SEC
CalPERS and other large pension funds have demanded the SEC reform financial markets to make them more attractive to investors following the economic crisis.
Mercer: A Mere 9% of Investment Strategies Achieve High ESG Ratings
Only 9% of more than 5,000 investment strategies achieve the highest environmental, social and governance (ESG) ratings within Mercer’s Global Investment Manager Database (GIMD), and the firm sees both innovation and opportunity for improvement.