Moody’s Overhauling Role of Pensions in Credit Ratings
Some municipal public pensions will be reviewed for a possible downgrade, the ratings agency says.
News
Former CalPERS CEO Indicted on Multiple Charges
Court indicts former CEO and board member on counts of fraud and deception against the nation and its agencies.
Investors Keen on Emerging Markets, US Treasuries Not So Much
Maybe it was the wine, maybe it’s markets, but attendees at the Commonfund Forum were optimistic about institutional fortunes in 2013.
University Pension Burdens Rise 25% in 2012
Some of the greatest institutions for learning are facing deeper holes in their pension provision.
Investors Keen on Emerging Markets, US Treasuries Not So Much
Attendees at the Commonfund Forum were optimistic about institutional fortunes in 2013, and especially if those fortunes include emerging market equities.
Prudential Builds Out Pension Risk Transfer Team
The insurance and annuity provider has added a former UBS investment banker to lead its research/marketing efforts.
Former JP Morgan CIO Refuses to Take Responsibility for Whale Losses
Ina Drew described her oversight as “diligent,” and instead blamed the $6.2 billion in losses on certain “deceptive” London traders and flaws in her unit’s risk management operations.
“Rubicon Crossed” as Europe Demands Savers Bail Out Cyprus
Instability returns to Europe as the line that would never be crossed – is crossed.
Ontario Teachers Sell Oil Pipeline, Buy Wells
The $117 billion pension fund is betting on hard commodity assets with its newly-formed natural resources group.
Pension Veteran Joins Boutique Fund House
One of the best-known figures in European pension investment joins one of aiCIO’s best-known columnists.
Asset Management Revenue “Feeble,” Despite Bull Markets
Consultancy Casey Quirk has found that asset management firms failed to capitalize on the market riches of 2012.
Hedge Fund Investors Quit Paying for Beta
Capital and compensation tracked hedge fund performance more closely in 2012 than years prior, according to fresh industry data.
How Carry Can Help (or Hurt) Your Pension
Low-yielding bonds can produce attractive risk-adjusted returns even if interest rates do not fall further.
CalPERS “Bribery Lawyer” Sued for Defamation
A private equity company slammed in CalPERS bribery report takes those responsible to court.
Is This the Toughest Job in Pensions?
The UK’s lifeboat for bankrupt company schemes has announced a new hire for the post that could be seen as the hardest in the industry.