Indiana Pension’s Outsourced Annuity Plan Rankles Lawmakers
The retirement system’s decision to hire a third-party, private-sector annuity provider has left some legislators questioning whether the fund is fulfilling its mandate.
News
Dalio: How the Economic Machine Works in 30 Minutes (and a Cartoon)
A step-by-step guide to finance by one of its current leaders—in an animated video.
Ailman, Maynard, Ryder: What the World Needs Now is…
Three of the most influential global institutional investors tell us what’s what.
Insurers Turn to Swaps, Futures, and Options in Risk Management Push
Insurance CIOs are becoming more sophisticated in how they deal with risk by exploring new asset classes.
Longevity Increases Are Leading to ALM Shift
Lengthening life expectancy assumptions are changing the way investors think about asset liability management.
Preparing for Pension Risk Transfer: Which Assets Do Insurers Want?
A study of which assets are the best to hold if you want to negotiate an assets-in-kind buyout deal.
Liabilities Sink 2012 US Public Pension Gains
US public pensions in fiscal 2012: Low returns, high assumption rates, and ballooning liabilities.
Canadian Pension Dollars Bound for Delhi
Despite recent wobbles, Canada’s pensions see a golden future in India.
UBS: Major Pension Asset Rebalancing Ahead
Strategists foresee US defined benefit funds offloading between $35 billion and $41 billion in stocks before the quarter's end, but purchasing an estimated $19 to $22 billion of additional fixed income products.
US Hedge Funds Dominating and Outpacing Peers
Preqin found American hedge funds are recovering and growing faster than their global counterparts, managing 65% of the industry’s global capital.
How Pension Deficits Could Boost Your Portfolio
Poor pension funding could lead to equity-buying opportunities, according to one leading asset manager.
Russian Pensions to Lose Billions through Government Rules
The Russian Finance Ministry has proposed a radical change to non-state pension funds in a bid to boost transparency.
Energy Investments Spark Interest from Sovereign Wealth Funds
Energy has seen a surge in investments from some of the world’s largest capital pools since 2008.
Endowments’ Investment Beliefs, By the Numbers
Using the NACUBO database of endowment portfolio allocations, Andrew Ang and fellow researchers have backsolved for alpha expectations.
Study: Consultant Recommended Funds Gain Assets, Not Alpha
US active equity funds on consultants’ shortlists performed no better than average, but consultants’ recommendations focused on more than past returns.