Oklahoma Teachers Fires Exec. Director Over Severance Packages
The pension’s former head James Wilbanks had cut administrative staff in an effort to reduce overheads.
News
Cat Bonds Hit Record Issuance in 2013
Investors are still hungry for catastrophe risk - there is now $19 billion in outstanding risk capital.
Endowments, Foundations Struggle to Self-Govern
Investment outsourcing could remedy some difficulties, an SEI survey has suggested.
Is the Pressure to Buyout Putting Members' Benefits at Risk?
UK actuaries are coming under pressure to sign off on pension increase exchanges from plan sponsors.
Pensions and Asset Managers Blasted for Nuclear Weapon Investments
ABP, Ontario Teachers, and PFZW named in a Dutch report’s “Hall of Shame”.
GSAM: Opportunities Rise as Market Efficiency Drops
A whitepaper argues that changes in brokers and central banks’ behaviors have reduced fixed-income market efficiency, creating opportunities for alpha returns from relative value strategies.
CPPIB’s Wiseman on Mistakes, Hockey, and the Birth of the Canadian Model
Mark Wiseman, CEO of the Canada Pension Plan Investment Board, discusses the C$189 billion fund and his past at Ontario Teachers’.
Fama, Hansen, Shiller Win Nobel Economics Prize for Asset Pricing
Trio whose research changed CIO’s roles the world-over are rewarded with economics’ greatest accolade.
Where Are the Sharpe Returns Now?
Post-Lehman Brothers, European high yield might have seemed a risky bet for some, but investors could now be happy about taking it.
South African CIO Scoops Investment Award
The government pension fund for South Africa’s CIO picked up two awards at the international Investment and Business Leader Awards.
Better Risk Management Required to Sustain DB Plans
DB plan sponsors need to change risk management strategies to accommodate changing demographics and increasing longevity.
The Upside of Managing DC Like DB
Better performance can be achieved when aligning investment approaches for DB and DC plans, a study has found.
Can Japanese Equities Hit Double-Digit Returns?
JP Morgan Asset Management has claimed returns on equities in Japan could reach 10% in 2014, boosted by the end of deflation.
Taking a Hit for Impact Investing: How Big Funds Can Encourage Smaller Peers
Investors showing they are prepared to take a first loss can help convince others to commit, supporters of impact investing have suggested.
Global SWF Assets Hit Record High
Sovereign wealth funds' aggregate assets have grown by 68% since 2007 despite financial and political instability, Preqin has found.