Japan’s GPIF Appoints Smart Beta Managers
The $1.3 trillion fund has shaken up its equities management amid pressure to obtain higher returns.
News
In-House Investment Grows in Australia
A local government superannuation fund has appointed its first CIO.
GSAM: US Monetary Policy Lagging Economic Cycle
As developed economies move from the recovery to the expansion phase, Goldman Sachs Asset Management argues that the Federal
Reserve may need to raise interest rates sooner than expected.
JP Morgan Merges 'London Whale' Division with Treasury
The bank
continues to restructure its management and organization following the $6.2 billion loss from its chief investment office.
Public Pension Seeks FCA Approval to Run Own Money
A Scottish city council’s pension is the latest to bring its investment capabilities in-house.
Are Defined Ambition Pensions Possible?
A whitepaper from law firm Slaughter & May has outlined the legislative framework needed for the UK’s collective DC project to take off.
Nine Equity Mandates Awarded from France’s Biggest Public Pension
Fonds de Réserve des Restraites has appointed small and mid-cap managers for European mandates worth €800 million.
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.
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.