Corporate Pension Risk Increases in 2015
Lower interest rates and new mortality assumptions led to an uptick in the median risk score for company pension plans, according to Towers Watson.
News
Campaigners Slam UK for ESG Failure
The government has rejected proposed rules requiring pension trustees to monitor the financial impact of ESG risks.
Goodbye to BRIC?
Goldman Sachs has folded its BRIC fund, but emerging markets specialists say investors need not give up on the sector just yet.
CalPERS Unloads $3B in Real Estate
The sale is part of the $300 billion pension’s plan to cut its number of third-party managers in half.
Private Equity: Co-investing vs Commingled
PE managers are becoming more open to co-investments as evidence indicates superior returns.
Gates Foundation Appoints Social Finance Chief
A senior figure in impact-led investment is to join one of the world's largest healthcare foundations.
MetLife Revises Forecasts, Writes Down Assets as Low Rates Bite
Other insurance companies could follow suit as investment returns stall and “normalization” of yields remains far off.
Virginia Commonwealth University Creates In-House Manager
An industry veteran has been appointed to oversee the launch of the university's new venture.
NISA: Partial Buyouts are ‘Expensive, Underwhelming’
A holistic, plan-wide approach is needed to really de-risk a portfolio, according to NISA.
Back Office Alpha (or How Other Companies Affect Your Equity Portfolio)
There is more to equity investing than kicking the tyres of the target company, research has shown.
SWFs: Activist Investors or Passive Stock Pickers?
Three academics investigate whether the world’s largest investors use their influence to enact change in the companies they hold.
Strife Erupts on Proposed Towers Watson Merger
The $18 billion union is far from a done deal.
AUM Growth Is Hedge Funds' #1 Goal
Managers have internalized investors' well-documented size bias, EY research shows.
Asset Management’s Jackie Robinson Moment
Foundation leaders on diversity in institutional investing—and lack thereof.
PIMCO Hits Back at Gross Lawsuit
The Newport Beach investment giant has questioned the grounds of its former co-CIO’s $200 million legal complaint in its official response.