CIO Profile: A Pension Taking on the Regulators
Stefan Nellshen of Bayer Pensionskasse won’t let regulatory burdens distract him from exploring new asset classes.
News
CIC Creates Direct Investment Arm
The $653 billion sovereign wealth fund will put its might behind international ventures.
Property Demand Soars, But So Do Prices
Demand for unlisted property is stronger than ever, but there are signs that investors are being priced out of prime markets.
Divorce & Hedge Funds: Research Backs Up the Myth
Investors have reason to walk when a manager splits up—and, a study shows, reason to run at the sound of wedding bells.
FASB to Revamp E&F Reporting Standards
The overhauled financial statements would improve transparency, the group argued, particularly on nonprofits' liquidity and net investment income.
Consultants’ Next Battleground: Asia
Asian investors typically don’t use consultants, but their importance is growing in the region.
Eurozone Policy Leads to Rare German Pension Closure
Ultra-low interest rates have led one company to shut its final salary pension in an ominous sign of the effects of central bank policy.
Rockefeller CIO Donna Dean, BlackRock’s Barbara Novick to Receive Inaugural CIO Pioneer Awards
For groundbreaking success and admiration earned over decades, Novick and Dean will receive the first-ever CIO Pioneer Awards, recognizing the industry’s leading women.
US State Pensions: Returns Improving, Underfunding Remains
US
state pension plans were 80% funded in 2014, according to estimates from
Wilshire Associates.
Penn. Governor: Fire Managers to Close Pension Gap
The state budget proposes forcing its public plans into low-cost investment strategies to help cut $10 billion in unfunded liabilities.
Sun Life Seals Canada’s Biggest De-Risking Deal
The US$4 billion longevity swap for telecoms company Bell’s pension is “ground-breaking,” says the insurer.
HBOS, Lloyds Appoint Joint Pension CIO
Two of the UK’s largest high street banks are streamlining the management of their pension funds with the appointment of an outsourced CIO.
Poor Hedge Fund Returns Set to Last, Say Investors
Investors
are lowering expected returns and risk for hedge funds, according to Deutsche
Bank.
UK Pensions Told to Copy Canada, SWFs
UK pensions should be able to compete on the international stage, and can draw inspiration from major overseas investors, London’s pensions body believes.
HBOS Pension Investment Chief Exits
Larissa Benbow has left her role at the helm of the UK bank’s £10 billion pension.