How to Bankrupt a Plan Sponsor (Hint: Not with an Underfunded DB Plan)
A specific exposure common in DC plans—but almost unheard of for corporate pensions—most strongly predicts future financial distress, researchers have found.
News
The Great Deflation Delusion
Deflation is a modern invention—and investors need not be terrified of it, according to one eminent economist.
How Skillful Is Your Hedge Fund Manager?
There are three identifiable skills that tend to lead to future outperformance, according to Novus.
Must Try Harder: Long-Termism and Governance Still Lacking, Study Finds
Investors are paying lip service to long-term investing and there is room for significant improvement across the board, say two influential consultants.
U. California Stacks Talent with Another CIO Hire
Following an international search, UC has hired Sacramento County CIO Scott Chan to lead the $90 billion system’s public equity portfolio.
Endowments Outsource More, Bring Risk Management to the Fore
More than 40% of US institutions said they outsourced a substantial portion of their portfolios, according to the 2014 NACUBO-Commonfund study.
Equities’ Un-Sharpe Decade
How bonds beat equities to bolster portfolios over the past 10 years.
BNY Mellon Faces SEC Probe over SWF Interns
The US regulator wants to know more about BNY Mellon’s hiring of potential clients’ staff.
John Lewis Investment Chief Exits for OCIO Role
The UK retail chain’s pension CIO is to join Aon Hewitt’s outsourced CIO business.
The Downfall of a Boutique OCIO
Boutique OCIO provider FRC will wind down after being dropped by its only client.
PSP Investments Hires New CEO from CPPIB
After six months of international searching, the Canadian pension has hired from down metaphorical road.
Ontario Teachers’ Mock: ‘All Assets Are Expensive’
Public or private, real or liquid, finding a bargain asset has become difficult, says the OTPP CEO.
UK Government Appeals to Investors for Infrastructure Cash
Major investors have gathered in London to learn about infrastructure investment opportunities.
Preqin: PE Managers Must Act After CalPERS’ Cuts
Negotiating power is shifting towards investors as high private equity fees come under scrutiny.
How To Survive 2015 as an Alternatives Manager
Risk management should be the focus of hedge fund and private equity managers in 2015, Deloitte has said.