Nigeria: 1 South Africa: 0
One African SWF has scored its first goal, but another is back in the dressing room.
News
Flush With Cash: How a US Town is Using Sewers to Shrink its Deficit
Leasing assets to fund your pension deficit is becoming more popular.
JP Morgan Closing Transition Management Business
The global custody bank is the second dominant industry player to exit the business in a week, following Credit Suisse’s shuttering of its US business.
Actively Managed Pension Funds Could Be Reduced By 8% Under FTT Proposals
The European Commission’s proposed Financial Transaction Tax faces another grilling from a financial markets lobbying group.
Detroit Pension Trustees Face Dismissal Over Hawaii Conference
A number of public funds had already dropped out of conference following criticism in the press.
Children’s Charity Pensioners Safeguarded in Innovative Derisking Deal
The charity's buy-in includes a deflation costs deferral to keep the buy-in premium price down.
More Money to Roll in to Australian Supers
More than half of employers do not yet have a plan for funding the soon-to-be higher required contributions.
Risk Monitoring Lag Hitting Pension Portfolios
If you don’t know what risk you are holding, how can you manage it?
Putting the ‘Hedge’ Back in Hedge Funds
As institutional investors move to risk-based allocations, they’re using hedge funds as portfolio shock absorbers, not alpha generators.
Greater Illiquidity Could Boost DC Pot Sizes by 5%
An investment steering group says DC pension funds’ insistence on investing in liquid assets is hindering their returns.
Credit Suisse Exiting Transition Management Business
The firm is shuttering its American transitions group; its global business is not expected to follow.
ATP, PGGM, USS, PPF Win at aiCIO European Innovation Awards
Who was victorious at aiCIO’s inaugural European Innovation Awards?
Is This the Start of a Frontier Markets Push?
UK pension funds begin to allocate to active frontier market managers.
Swiss Pension Funding: Still a Mountain to Climb
A better investment year for Swiss pension funds, but the elusive target cover ratio is proving tricky to reach.
Larger 401(k) Menus Mean Worse Outcomes
Plan sponsors have been protecting themselves from lawsuits by offering more 401(k) options, but at the expense of member participation and savings rates, a paper contends.