The Day After the Buyout…
Terms are agreed to, hands have been shaken, and it’s time to turn over pension assets and liabilities. But it’s not the end of the story.
News
Papua New Guinea’s CIO Moves to Australian Catholic Super
Michael Block, CIO of Nambawan Super, will replace Catholic Super’s outgoing CIO Anne Whittaker on December 8.
The End of De-Risking
Alternative managers are fighting for their business by creating novel ways to de-risk—but are these nontraditional avenues better than liability-driven investing?
Is Longevity Risk Dying?
Some academics believe there is a cap to human life expectancy. What does this mean for pension liabilities?
Andy Steiner Sees the (DC) Future
The 20-year Motorola veteran talks how and why it put in place an innovative defined contribution (DC) plan architecture that defaulted participants into a managed account.
Alan Brown Thinks Traditional De-Risking is Flawed
The former Schroders CIO, who also continues to serve as an advisor to its UK pension scheme, on the de-risking fallacy.
CalSTRS Restructures to Bring More Assets In-House
The $186.4 billion pension has made leadership changes with plans to up internally managed assets to 60% of the total portfolio.
State Street Under Investigation for Public Pension Pitch Tactics
The Boston-based firm has received subpoenas from the Department of Justice and the Securities and Exchange Commission, according to its quarterly filing.
Bad vs. Basic
Kip McDaniel on identifying the bad and the basic in the competition for the finite asset pools that are moving away from risk.
‘Managing Uncertainty’: The Changing Face of European Pensions
European pension funds have adapted their models post-crisis, research finds—and warns consultants and asset managers to pay attention.
Chicago Teachers Pension CIO Moves to Kellogg Foundation
Carmen
Heredia-Lopez has been appointed director of investments for the $8.3 billion
foundation.
Russell LDI Expert Departs for Competitor
Insight Investment has strengthened its liability-driven investment team.
Europe ‘Destination of Choice’ for Real Estate Investors
This year has seen the most money in seven years dedicated to private real estate funds targeting Europe.