Mixed Results for Hedge Funds at Mid-Year
Half of returns are positive, half negative, for an overall uninspiring performance.
News
British Airways Wins Lawsuit over Pension Trustees
Court of Appeals overturns High Court ruling in favor of trustees making discretionary increases.
Russell Investments Is Managing Nestlé’s Dutch Pension Fund
Asset manager takes over from the food and beverage maker’s in-house investment operation.
Endowment Index Declines Again in Q2, Lags Behind S&P
Index falls 0.41% during quarter, while S&P 500 gains 3.43%.
Britain’s Public Equity Boosts Pension Protection Fund’s Ratio
Benefits lifeboat took on highest total obligations in Carillion, Toys R Us, and Hoover liabilities.
CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
Denmark’s MP Pension Stops All Danske Bank Trading
Fund says the bank’s developing money laundering scandal violates its responsible investing policy.
What Would LDI Look Like for Public Pensions?
Although it might look controversial, a split portfolio may be strong option to meet a fund’s short-term cash needs as well as maximize long-term wealth.
Aon: Complacency Biggest Risk for Canadian Pensions
Although most plans are now fully funded, solvency gains can vanish quickly, firm says.
CalPERS Earns 8.6% for Latest Fiscal Year
Pension results were just under its custom benchmark, missing the mark by six basis points.
CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
Largest US Corporate Pension Plans Funded Ratio Rises to 92.8% in June
Despite investment loss, deficit of 100 largest corporate plans fell $23 billion.
Earnings Should Rise 19.5% in 2nd Quarter, Says Sam Stovall
CFRA’s strategist sees slight dip from January-March period, with energy the star.
Kentucky Judge Rejects Gov.’s Pension Ruling Request
Bevin has 30 days to file an appeal with state Supreme Court.
Australia’s Self-Managed Pension Advisors Giving Bad Advice
Report finds that 91% of advisors noncompliant with the law.