Goodell as SEC, Belichick as CEO
From aiCIO Magazine's Fall 2011 Issue: Does the NFL offer a playbook for the rest of the economy? A review by Editor-at-Large Joe Flood.
Newsmakers
Cover Story: Sacramento's Kings
From aiCIO Magazine's Fall 2011 Issue: An exclusive interview with two of the most influential chief investment officers in America - Chris Ailman of CalSTRS and Joe Dear of CalPERS.
Awkward Question: Can Dying Pensioners Save Pension Investing?
From aiCIO Magazine's Fall 2011 Issue: Life Settlement Assets may make people uncomfortable – but they also may save corporate pensions.
New Platform Allows Institutional Investors to Monitor ESG Risks
GovernanceMetrics International has introduced an online research platform that allows institutional investors and corporations to identify a company’s environmental, social, and governance risks.
Mercer: US Pension Funding Levels Plummet
New figures from Mercer show that August was a dismal month for US pension plan funding levels, which could have potential ramifications for 2012 financials.
PIMCO Gains Independence From Corporate Parent Allianz
Allianz, Europe's largest insurer, has restructured its asset management business, giving subsidiary PIMCO, the world’s largest bond manager, more freedom around distribution of its products.
In Surprise Move, BNY Mellon CEO Quits, Successor Named
Gerald L. Hassell will replace BNY Mellon's Robert Kelly, who has stepped down as CEO a result of "differences in approach to managing the company."
Australia's Prime Minister Says Superannuation Trumps Sovereign Wealth Fund
Australia's Prime Minister Julia Gillard is adamant that the nation's trillion-dollar superannuation regime is sufficient, ruling out the need for a sovereign wealth fund.
PIMCO's Gross: I Made a Mistake
Pacific Investment Management Co. founder Bill Gross says he has "lost sleep" over a wrong call on US Treasury bond interest rates, which cost him in his Total Return bond fund.
New Zealand Supperannuation Fund Battles Slack for Investing in 'Illegal' Cluster Bombs
New Zealand's Green Party has asserted that the county's Superannuation Fund is investing in cluster-bomb manufacturers, which is illegal.
UK Schemes Lag Behind the ESG Bandwagon, Industry Group Claims
According to the UK Sustainable Investment and Finance Association, too few UK pension funds are adopting responsible investment approaches despite an uptick in interest.
BofA Sells China Bank Stake to SWFs, Institutions
Bank of America has sold about half of its 10% stake in China Construction Bank to a handful of sovereign-wealth funds and institutions in the US and Asia, totaling $8.3 billion before taxes.
Catastrophe Bonds Attract Scrutiny in Wake of Hurricane
The monitoring of Hurricane Irene's impact on catastrophe bonds continues.
BofA Profits From Buffett's Capital Injection
Berkshire Hathaway's Warren Buffett has made a major investment in the largest US bank.
Lehman Execs Aim to Settle Investor Lawsuit for $90 Million
Court documents show Lehman Brothers Holdings executives, including former Chairman Richard Fuld, are seeking the release of $90 million in insurance funds to settle a potential multibillion-dollar lawsuit brought by shareholders.