UK Pension Funding Hits Worst-Ever Shortfall
Aggregate deficits have ballooned by £101 billion in a month across UK corporate schemes.
News
US Funds Post Sixth Year of Consecutive Gains
Corporate pension funds outperformed public plans in 2014, as well as endowments and foundations.
Closet Indexers’ Worst Enemy: Passive Assets
More assets and options in the truly indexed market create a hostile environment for managers that claim to be active—but aren’t.
Aon Beats Expectations for 7th Straight Quarter
OCIO and consulting business growth has fueled yet another better-than-expected round of earnings for Aon.
San Francisco Eyes Hedge Fund Allocation
The public pension’s CIO has recommended a 10% allocation to hedge fund strategies.
How Did Your Country’s Pensions Fare in 2014?
Currency movements meant pension fund asset growth was much lower in dollar terms than in 2013.
Paulson & Co. Loses Distressed Debt Expert
Dan Kamensky, who led Paulson’s charge in multiple bankruptcy investments, has decided to leave the firm.
China’s ‘Hard Landing’ Spells Doom for Europe, Economists Warn
An economic consultancy has set out a dire forecast for China’s growth—and Europe could bear the brunt of the fallout.
The Best Performing Hedge Fund of 2014 Was…
One hedge fund returned 225.21% last year—but which one was it?
LSE to Sell Russell's Investment Management Business
After an extensive review, the London Stock Exchange has decided to sell Russell’s investment management business and keep its indexes.
CalPERS Names New Chief of Real Assets
Paul Mouchakkaa will succeed now-CIO Ted Eliopoulos to lead the pension plan’s $29.6 billion real asset portfolio.
Diversification: From Free Lunch to Greedy Fee-Eater?
Even for the largest investors, using more than one basket could be costing you the price of the eggs, a research paper has claimed.
European Pensions Off the Hook on Derivatives Clearing
European pensions have been given two more years before new rules regarding the trading of derivatives apply to them.
California Pensions to Recover $320M from S&P
The settlements relate to the rating agency’s treatment of mortgage-backed securities before the financial crisis.
Guggenheim Sells Hedge Fund Unit
Guggenheim Global Trading’s managing partners and Mark Standish, former Co-CEO of RBC Capital Markets, have bought the multi-strategy hedge fund.