More DC Menu Options, More Problems
Research shows participants save nearly $10,000 more per person when offered fewer fund choices.
News
European Pensions Refocus on Property
Continental institutions’ interest in real assets shows no signs of abating.
‘Another Lackluster Year’: Market Predictions for 2016
Advisors and asset managers polish their crystal balls and forecast the performance of stocks, commodities, and other asset classes in the coming year.
Moody’s: CalPERS’ De-Risking Plan Is Still Risky
It would take the $300 billion fund nearly 20 years to cut the discount rate to 6.5%, during which asset performance could fall drastically, the ratings agency said.
Pensions Strike $150M London Whale Settlement
The cash deal ends a three-year legal battle with JP Morgan following the bank’s $6.2 billion loss.
Does Your Benchmark Choice Matter?
Market capitalization, equal weighted, dividend weighted—one study claims this is not an important decision.
Aon Hewitt: Why Investors Should Keep Hedge Funds
Cyclical drags on hedge funds could lift, but smooth returns are down to manager skill and the right mix of strategies, Aon Hewitt has argued.
ETF Assets to Surpass $6 Trillion by 2020
The number could grow even higher as more asset managers enter the exchange-traded fund market, according to Cerulli Associates.
Europeans ‘Cooling’ on Hedge Funds, Preqin Claims
Corporate pensions’ allocations to the asset class are falling despite a global rise in interest.
Profs vs Quants: Who’s the Better Investor?
Finance and economic academics have surprisingly strong track records, according to a Morningstar columnist.
State Street Overbilled Clients $200M
Excess charges to asset servicing clients spanned a period of 18 years, the firm said.
Norway Reshuffles SWF Real Estate Leadership
Karsten Kallevig is to become CEO of the property subsidiary of Norway’s giant sovereign fund.
Towers Watson: Illiquid Credit Presents ‘Compelling’ Opportunity
By taking on the role of private debt lenders, institutional investors can open their portfolios up to new sources of return and diversification.
Rate Hike ‘Could Wipe $450B from Pension Underfunding’
The Federal Reserve's rate increase marks the beginning of a tightening cycle that will decrease the value of pension liabilities.
How Would Steve Jobs Design Income?
Research Affiliates channels the late Apple co-founder’s simplicity mantra in search of sustainable yield.