A GP/LP Mismatch?
From aiCIO Magazine's June Issue: Limited partners, be warned...misaligned incentives may be pushing private equity firms to purchase assets they otherwise wouldn't. Benjamin Ruffel reports.
Newsmakers
It’s the Demographics, Stupid!
From aiCIO Magazine's June Issue: A column from Dr. David Blake, professor of Pension Economics at Cass Business School, on longevity risk.
'We Don't Use Asset Managers—We Are One.'
From aiCIO Magazine's June Issue: Europe’s most sophisticated pensions are taking power back from their asset managers. By the end of the decade, will this be the exception—or the rule? Elizabeth Pfeuti reports.
Blanchflower Thinks Austerity Is Hogwash
From aiCIO Magazine's June Issue: David Blanchflower—the Bruce V. Rauner Professor of Economics at Dartmouth College—lets policymakers on both sides of the Atlantic have it.
Investment Management Fees Take a Hit
Fee levels are increasingly under downward pressure, according to a survey by bfinance of major European and global fund managers.
Pew Pension Report Flawed?
Critics have assailed the Pew Center on the States’ report that the total US public pension funding deficit had reached $1.38 trillion for its perceived shortcomings.
Oaktree's Marks: Efficient Market Hypothesis Is Erroneous
Superior investing means making mistakes and taking advantage of inefficiencies, according to Howard Marks, the chairman of Oaktree Capital.
Ontario Teachers’ Takes $400 Million Stake in Korean Insurer
Ontario Teachers’ Pension Plan has acquired 10% of Kyobo Life Insurance Co., the third-largest insurer in South Korea.
Insurer Hires Pension Expert to Run Investments
A household insurer in the United Kingdom has appointed a seasoned pensions professional to oversee its investment strategy after farming out its asset management function last year.
Mercer Sees Pensions Handing Off Risk in Growing Numbers
A global trend of transfers in pension risk have accelerated as plan sponsors offload risk to third parties, says Mercer, which is positioning itself to profit from the demand.
UK Pensions Lifeboat Loses CIO
The CIO of the Pension Protection Fund – the UK’s Pension Benefit Guaranty Corporation equivalent – is to leave in August to join a corporate plan.
UNPRI: Australia's Christian Super, CalPERS Exemplify Sustainable Investing
Australia's superannuation fund Christian Super and the California Public Employees’ Retirement System (CalPERS), the largest public pension in the United States, are archetypes of funds that have invested for the sustainable economy across asset classes while gaining a competitive advantage, according to a report released by UNPRI.
Pension Obligations Choking State Finances
The pension and benefit obligations of states outstripped plan assets by a startling $1.38 trillion in fiscal 2010, a study by the Pew Center on the States has found.
Fortress Germany Hit by Eurozone Crisis
The nation that is helping to bail all the others out may have finally succumbed to the pressure of the Eurozone crisis.
Global Tactical Asset Allocation Strategies Gain Steam, Segal Rogerscasey Says
Global tactical asset allocation strategies provide asset diversification and downside protection, according to Segal Rogerscasey.