Report: Pension Closures Are Accelerating
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.
Newsmakers
After Virulent Attack, Thomson Reuters Defends Popular PE, Venture Capital Database
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.
NY State Pension Trustee Calls 401(k) Plans 'Woefully Inadequate,' Defends DB
Defined contribution plans should not replace defined benefit plans, asserts Thomas DiNapoli, the New York state comptroller and sole trustee of the $133.8 billion New York State Common Retirement Fund.
Is Ray Dalio the Steve Jobs of Investing?
From aiCIO Magazine's Winter 2011 Issue: Bridgewater Associates’ founder is institutional investing’s True Innovator. Kip McDaniel reports.
Book Review: Apple's Dilemma
From aiCIO Magazine's Winter 2011 Issue: What can Clay Christensen’s The Innovator’s Dilemma tell us about Walter Isaacson’s Steve Jobs?
Year in Preview
From aiCIO Magazine's Winter 2011 Issue: A look ahead to 2012 on the topics of risk parity, real estate, low-volatility investing, LDI, and commodity investing.
Kim Walker Thinks It's Time to Get Real
From aiCIO Magazine's Winter 2011 Issue: Washington University’s $5 billion endowment chief investment officer Walker spoke with aiCIO about 2008, investment risk, and real assets.
Sam Kunz Thinks Overconfidence Plagues the Industry
From aiCIO Magazine's Winter 2011 Issue: Kunz, head of the Chicago Policeman's Annuity and Benefit Plan, spoke with aiCIO about international pension differences, mushroom hunting, and overconfidence.
Decoding the Maze of Transition Management Due Diligence
From aiCIO Magazine's Winter 2011 Issue: Rick Di Mascio on the future of transparency in transition management.
Is Transparency Killing San Diego?
From aiCIO Magazine's Winter 2011 Issue: Is it the San Diego Country Employees Retirement Association's attempts at good governance, and not poor investment decisions, that are causing its problems?
Lessons for Defined…Bentribution
From aiCIO Magazine's Winter 2011 Issue: With volatile markets and interest rate lows, older workers who participate in 401(k) or other defined contribution plans have watched their portfolios stagnate and gyrate.
Academic Paper: US Sovereign Wealth Funds Fearful of Political Baggage
A new academic paper explores domestic sovereign wealth funds, with a focus on their origins, purpose, and governance, noting that such funds are wary of political maneuvering.
After Passing on Texas Teachers, Blackstone Finalizes Deal With NJ Pension
The world's largest private-equity firm has won as much as $1.8 billion in pension-fund commitments from the New Jersey Division of Investment.
Redemption Pressures Force Fund of Hedge Funds Cadogan to Shut Doors, Transition to Cantor Fitzgerald
Established fund-of-funds firm Cadogan Management is shuttering its operations, handing its business to strategic partner Cantor Fitzgerald.
Photo Gallery: aiCIO Industry Innovation Awards 2011
Photographs from our second annual dinner held to honor
asset managers, servicers, and owners for their pioneering work in the field of
pension, E&F, and sovereign fund investing.