Newsmakers

Mercer’s latest Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes in the UK is on the rise.

Andrew Tunningley, head of investment consulting at Aon Hewitt, has left the company after overseeing a three-way merger 18 months ago. 

Two papers published by Mohamed El-Erian and Rene Martel, chief executive and product manager of the Pacific Investment Management Co. (PIMCO) respectively, delve into the future credit outlook of the US and on the state of LDI implementation.   

Amid continuing market uncertainty, Eurekahedge has shown that its Hedge Fund Index is down 3.78% year-to-date. 

Arun Muralidhar: As much as I enjoy my taxes being cut, one has to look at the consequences of these decisions and, sadly, I have to be a really negligent father to be excited by these cuts. 

The coming year will see asset owners split into two groups: those that remember the problems of the crisis and act to resolve them, and those that forget them and fail to act.

CVS Caremark will pay $20 million to the California Public Employees’ Retirement System, the state of Illinois, and the state of Florida over fraud allegations. 

British Airways' pension scheme has entered into a buy-in deal with Rothesay Life to insure against scheme members' increasing benefits. 

A newly released report -- furthering the debate between active and passive management -- concludes that while finding superior active managers is not easy or simple, it can be done. 

Lou Moret, an outgoing CalPERS board member, has criticized the pension for investment earnings at the fund being below the median among institutional investors, as detailed in a quarterly earnings report by Wilshire.

Careful selection of private equity strategies is required to match expected returns with reality, according to consulting firm bfinance.  

The outlook for 2012 pension plan contributions and expense is bleak, a new Mercer analysis shows, with the aggregate deficit in pension plans sponsored by S&P 1500 companies decreasing by $80 billion during November. 

Following a study by a Stanford University-based economic think tank that said California's public employee pension plans face long-term shortfalls as high as $500 billion, the nation's largest pension has issued a response highlighting perceived inaccuracies.  

A new report by the United Kingdom's National Association of Pension Funds shows that more final-salary pension schemes have been shut to existing staff in the private sector during 2011. 

After a recent research report expressed doubt on the accuracy of Thomson Reuters' popular database that has been used to judge private equity and venture capital performance, the firm is defending itself, saying that the report is based on false assumptions.