Deutsche Bank Reviewing Asset Management Structure
The German-based bank is conducting a “strategic review” of
its global asset management division; selloff of businesses possible.
Newsmakers
CIO Summit Australia: Risk-Balanced Investing Still in Infancy
aiCIO held an intensive half-day summit to explore how Australian asset owners can better protect themselves in the current market environment and beyond through risk-balanced approaches to investing.
CalPERS Narrows in on Compliance, Risk
Carol Moody was named senior portfolio manager for investment compliance and operational risk at the $229.4 billion California Public Employees' Retirement System (CalPERS).
The Who’s Who, LDI Consulting Edition
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: The existing and future Establishments in the LDI consulting space.
The Definition of Hip
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Liability-driven investing, like aviator sunglasses and sweatbands, is cool. We just forgot about it for a generation.
The End Game
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Plan sponsors, in their dream of dreams, would love to get here.
LDI: Less Than Desirable Investing?
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Column by Arun Muralidhar of AlphaEngine Global Investment Solutions.
The LDI Skeptic
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Con Keating of BrightonRock Group.
The Consultant Corner: What Best-in-Class LDI Consultants Look Like
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Hit by the unanticipated volatility of plans’ funded status and a swath of regulatory and accounting rule changes, plan sponsors, investment managers, and consultants have been forced to pay greater attention to plan assets in terms of liabilities.
LDI’s Founding Document
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: The academic and regulatory work that constitutes the basis for modern-day LDI.
With Stellar Investments, Texas Endowment Hands Out Robust Bonuses to Managers
After investments beat benchmarks for three straight years, Texas’s public university endowment has shelled out $7.2 million in bonuses to 29 managers.
Academic Paper: Fiduciary Duty Is a Fantasy
The design and governance of investment management institutions is actually more important than honoring the principle of fiduciary duty which, claims Gordon Clark, a professor at Oxford University and author of a new academic paper.
Faced With Flurry of FX Suits, BNY Mellon Proposes New Pricing Model
Responding to accusations by state and federal officials of defrauding public pension funds of foreign exchange transactions, BNY Mellon is offering its clients an alternative pricing model.
Volatility-Focused Strategies Gain Prominence, Yet Consultants Skeptical of 'Marketing Gimmicks'
As institutions increasingly seek to mitigate volatility in their portfolios, new investing strategies such as risk parity and low-volatility equities gain prominence. Consultants, however, remain skeptical.
Despite Strongest Pension System Worldwide, Australian Super Funds Suffer Hefty Losses
While Australia has ranked by many measures as having the strongest pension system globally, its super funds have suffered losses due to market volatility.