Catholic SRI Organization Appoints New CIO
John
Geissinger, former Hewitt EnnisKnupp partner and CIO at North Dakota Retirement
and Investment Office, will manage $5 billion in socially responsible investing
strategies.
News
APG Partners Pramerica in Real Estate Loans
The Dutch pensions giant has raised the majority of the €265 million fund.
Private Equity: Back with a Bang
Fundraising is up, but not everyone is managing to secure the capital.
Star Consultant Knutzen Departing NEPC
CIO Erik Knutzen—one of the most influential consultants in the business—is heading to Neuberger Berman; Tim McCusker will assume his role.
2013 Gain Wiped from US Corporate Pension Funding Rates
Falling US treasury rates, flat equity
markets, and increasing liabilities in 2014’s first quarter signal pain for US corporate pensions.
Japan’s Pensions Dump Shares against the ‘Abenomic’ Plan
Pensions are selling out of equities before markets have had time to recover the quarter’s losses.
GIC Opens Brazil Office
The trend for investors opening regional offices continues.
Co-Investment in Private Equity Carries ‘Substantial Risk’
Private equity advisor and fund of funds firm Altius has claimed research proves that co-investment deals are likely to produce poor returns.
Detroit’s New Plan
The city’s art collection would be saved under the proposal, but pensioners face benefit cuts of between 6% and 26%.
European Gloom Dampens Global Positive Risk Appetite
Pessimism seeps through Europe, while Asian investors look to the upside.
Fitch, Moody’s Call Out NJ for Plugging Deficit with Pension Funds
Following 11th-hour actuarial tinkering, all three major ratings agencies have a negative view on New Jersey's credit.
De-Risking Drive Leads to Alternatives and Real Assets Push
Research from Clear Path Analysis has found US final salary funds are racing towards buyouts.
‘We’ve Lived through What Happens When You Offer Too Much Choice’
South African consulting firm Riscura has warned the UK about the pitfalls of allowing DC members to cash in their pension.
Despair and Disappointment at Europe’s New Pension Rules
Experts think Europe has missed the target again with this week’s update to the IORP Directive.
Are the Hard Times for Hard Currency Debt Over?
Rising US yields will drag on emerging market hard currency debt, but returns are still expected to outperform US corporate bonds.