The Best Thing for Active Managers? Passive Investors.
As institutions slash active mandates, managers on both sides of the active versus passive argument rejoice.
News
Fireworks in Frankfurt
Delegates at a pensions conference turn up the heat on the regulators.
Managers Hoarding Cash as Oil Plummets
Short-term uncertainties in the commodity markets have led fund managers to build up some dry powder.
CalPERS Hits Back At Calls for Fossil Fuel Divestment
A bill to be scrutinised by the Californian senate in January could lead to forced divestments for the state’s biggest investors.
Russell Director Exits After Three Years
With the firm in flux, a director in Russell’s UK pension solutions group is now on gardening leave.
How Did Balanced Funds Weather the Crisis?
Is complexity overrated? Is risk parity working? CIO asks if pensions might have been better off sticking with the old ways.
On Baking Banking Partnerships
Investment banks are taking on new roles to pick up pension clients—including baking cookies.
A Beginner's Guide to Tackling Alternatives
Instead of paying trading costs later on, inexperienced investors could be better off with larger initial allocations to alternatives, according to academics.
Martin Roth is Searching for Returns—Everywhere
The pension chief at Manor, Switzerland’s largest department store, wants better yields on his investments—and is tearing up the Swiss rulebook to find them.
Looking Back to Look Forward
CIO’s European Editor ponders unintended consequences—for journalists, CIOs, and bond kings—as 2014 draws to a close.
Investors Demand More LDI Innovation
Despite a growing need for asset-liability matching strategies, product providers have not offered enough new thinking.
How To Land a Job in Alternatives
Goldman Sachs and Morgan Stanley produced the highest number of analysts moving to the buy-side, but hedge fund jobs are still hard to come by.
A Note from the Editor-in-Chief
CIO’s boss on holiday parties, eggnog, and the fifth annual Industry Innovation Awards.
A Public Pension Partnership: The Details
Local authority pensions in Lancashire and London announced an investment partnership last week; CIO found out more.
Time Running Out on Longevity Risk, Warns OECD
It’s time to step up work on longevity risk to avoid pensions becoming unsustainable, says the OECD—and a group of UK actuaries have done just that.