Moody’s Predicts Pension Funding Level Declines
Reporting season is unlikely to bring good news for retirement funds, the ratings agency has warned.
News
Salient Angles Towards Retail Market with Acquisition
“OCIO isn’t the main focus of the business right now,” CIO Lee Partridge says.
Pension Funds Question KKR’s Fee Transparency
The private equity giant refunded certain fees following a US Securities and Exchange Commission examination, but some pensions reportedly discovered the true circumstances only through media reports.
Tim Jones Quits as NEST Chief Executive
The head of the UK’s national pension fund has resigned from his role to return to the digital payments sector.
Former ConvergEx Exec. Banned from Industry for Five Years
Craig Lax, ex-global head of execution, has admitted wrongdoing to settle the SEC’s claims that he oversaw systemic, deceptive overcharging of clients.
White House Highlights E&F’s Sustainable Investments
The University of California and the Hewlett Foundation have already committed to the White House’s $2 billion climate change initiative.
How Not to Merge a Pension Fund
Public pensions around the UK are working more closely than ever before. But why can’t they all play nicely?
PRT Activity Pipeline to Swell in Next Five Years
A UK energy company has insured £2 billion of longevity risk, while a survey shows that half of major pension funds could conduct a de-risking exercise by 2020.
UK Pension Funding Hits Worst-Ever Shortfall
Aggregate deficits have ballooned by £101 billion in a month across UK corporate schemes.
US Funds Post Sixth Year of Consecutive Gains
Corporate pension funds outperformed public plans in 2014, as well as endowments and foundations.
Closet Indexers’ Worst Enemy: Passive Assets
More assets and options in the truly indexed market create a hostile environment for managers that claim to be active—but aren’t.
Aon Beats Expectations for 7th Straight Quarter
OCIO and consulting business growth has fueled yet another better-than-expected round of earnings for Aon.
San Francisco Eyes Hedge Fund Allocation
The public pension’s CIO has recommended a 10% allocation to hedge fund strategies.
How Did Your Country’s Pensions Fare in 2014?
Currency movements meant pension fund asset growth was much lower in dollar terms than in 2013.
Paulson & Co. Loses Distressed Debt Expert
Dan Kamensky, who led Paulson’s charge in multiple bankruptcy investments, has decided to leave the firm.