Mercer Boosts PRT Team with Annuity Experts
The consulting firm has placed a number of key players in its pension-risk transfer and annuity buyouts practice.
News
The Endowment Bracket: Harvard, Yale, and the Sweet Sixteen
A-List endowments go head-to-head in part three of CIO’s Google Trends series.
Beware Crowding in Momentum Funds, Says MSCI
As the popularity of factor investing grows, the risks of overcrowding in some areas are also increasing.
Societe Generale’s Pre-Fed Hike To-Do List
The French bank says it will pay to be prepared when Chair Yellen raises rates—and maybe even before that.
Pensions Should De-Risk with Hedge Funds, Consultants Say
High conviction hedge funds could reduce drawdowns but implementation is not easy, according to Cambridge Associates.
Putting Volatility in the De-Risking Driver’s Seat
A two-fold glide path—targeting both funded status and funding volatility—can improve outcomes over classic LDI, UBS argues.
How Asset Management Can Save Itself
Raising more than $1 billion in an investment product may well have been more luck than skill, according to a new report.
CLO Comeback Attracts Pensions as Banks Withdraw
Structured loan products are proving popular with pension funds, especially in Europe.
Ray Dalio: We’re Not Bearish on China Yet
Soon after declaring there are “no safe places to invest” in China to clients, Bridgewater Associates stressed that “too much has been made of the shift in their thinking.”
The Politics of Pensions: When Deficits Buy Votes
An academic study has found a correlation between competitive political campaigns and poorly funded defined benefit pensions.
London Pension Urged to Divest from Fossil Fuels
Pressure is building in the UK capital to reduce the risks it faces from climate change and extreme weather.
State Pensions Demand SEC Action on PE Fees
A coalition of 13 public pension funds overseeing $1 trillion has asked the SEC to remedy “an uneven playing field” between private equity managers and investors.
Wanted: CIO to Lead UAW’s $55B Medical Trust
The position has been vacant since Ken Frier’s exit last September, and UAW is looking for the industry’s very best to fill the spot.
Risk Parity’s Annus Horribilis
A rare blip for the strategy that has outperformed for 10 years.
Rothesay Life Secures Biggest De-Risking Deal of 2015
The £1.6 billion buy-in of the aviation pension is the second biggest deal of its kind in the UK.