Say on Pay – Investors Will Not Hold Back
Executive pay discussions are to come out of the boardroom and into the light as investors push for more say.
Newsmakers
New Return Target for Illinois Teachers’ Pension
The largest public pension in Illinois’ notoriously under-funded system has cut its discount rate from 8.5% to 8%.
Fitch Raises Concerns Over NJ’s Unfunded Liabilities
The 60.8%-funded public pension system poses a serious challenge to the state's financial health, according to a new report from Fitch Ratings.
More Canadian Mega-Funds?
Canada is known for its large, sophisticated institutional investors – there may be two more on the way.
Oregon Hires Pension Investment Director
After a year-long search, Oregon has someone to manage its pensions.
Are Institutional Investors Fueling Stock Market Liquidity?
The market has witnessed an overall growth in institutional equity ownership in the US--has this growth affected market liquidity?
Pension Scholar: DB vs. DC Debate is 'Dysfunctional'
The Director of the Rotman International Centre for Pension Management thinks it’s time to quit the DB vs. DC argument, and come up with a new breed of pension plan.
PIMCO’s Take on Monetary Policy, the Eurozone, and US Politics
Attendees at PIMCO’s cyclical economic forum gave a thumbs-up to the European Central Bank’s commitment to buy sovereign bonds, and a thumbs-down to American politicians.
When Analysts Talk, Do Institutional Investors Listen?
Institutional trading follows target price changes despite concern over the objectivity and investment value of analyst research, an academic paper asserts.
MIT Posts Strong 2012 Gains; Princeton Not So Much
The 2012 fiscal year held mixed fortunes for two major university endowments.
USS Reinforces Internal Infrastructure Team
Infrastructure is the asset class du jour and internal investment teams are gaining popularity in the UK.
Texas Teachers, Xerox, SBCERA, Others Repeat As aiCIO Industry Innovation Award Nominees
UTIMCO, BP, and MassPRIM, along with a host of others, receive their first nods.
President of Wilshire Funds Management Resigns
Jamie Ohl stepped down on Friday—Wilshire’s second high-level departure in less than six months.
SSgA Reorganizes at the Top
The firm has created a new role—global chief operating officer—and has seen its head of institutional sales and marketing depart.
This Changes Everything
From aiCIO Magazine's September Issue: General Motors and the end of defined benefit as we know it. Benjamin Ruffel reports.