CalPERS Targets 100% Funding with Discount Rate Changes
The US’ largest public pension wants to make future contributions more predictable—and close its 23% funding gap.
News
A Five-Year Plan For Asset Managers
Asset managers will need to overcome challenges such as changing client demand and increasing regulatory pressures for the industry to continue to grow, according to McKinsey.
Winning OCIO, One 401(k) at a Time
The survivors and innovators of the OCIO game are eyeing the next big thing: defined contribution plans.
The Joy of Outsourcing
Farmers Insurance chief Karyn Williams makes the case for building a portfolio without building an empire.
GSAM Surprises, NISA & LGIMA Persist in LDI Survey
Goldman’s debut sees it outrank industry stalwarts in CIO’s annual survey.
UK Watchdog Turns Spotlight on OCIO
A review of asset management competition will include an investigation into potential conflicts of interest for investment consultants.
Time for Hedge Funds 2.0, Says Report
Investors should not view hedge funds as a stand-alone allocation, according to AIMA and the CAIA Association.
Dutch Pension to ‘Halve Carbon Footprint by 2020’
PFZW is to overhaul its investments in energy, materials, and utilities in the next five years.
Aviva Analyst Fined, Banned for ‘Cherry-Picking’
The staffer “exploited weaknesses in the trading systems and controls” on Aviva Investors’ bond trading desk.
Here’s What Happens When a 27-Year-Old Finance Journalist Tries to Manage Money
Investing, amateur style.
What Keeps Corporate CIOs Up at Night
United Technologies’ Robin Diamonte on the meaning of ‘success’.
Mexican Oil Producer Switches to DC
State-owned oil company Pemex has taken steps to address its $90 billion pension liability.
The Wisconsin Model
State pension CIO David Villa explains why the hybrid DB/DC model that has supported Wisconsin’s retirees for 30 years needs more attention.
How to Squeeze Alpha from Small-Cap Stocks
Be prepared to apply value, momentum, or quality strategies, Research Affiliates has argued.
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.