CIO Profile: Alcoa’s Ron Barin on Risk Factors, PRT, and his ‘Decent’ Jump Shot
In a rare interview, Barin explains why volatility is a poor measure of risk and a bulk annuity purchase isn’t in the cards now for the aluminum giant.
News
London Pensions Dump Merger, Back Collective Investment
Borough councils are to be presented with a business case and “ambitious” time scale to set up investment vehicles.
George Goodman, Money World’s Adam Smith, Dies at 83
TV
show host, author, and friend of Warren Buffett, Goodman broke down finance
into money matters for public and expert consumption.
Chrysler Buyout to Generate Cash Tsunami for UAW Medical Trust
The retiree health fund stands to collect $4.4 billion in cash payouts and contributions following the sale of its 41% stake in Chrysler to Fiat.
Roubini: Emerging Markets on the Up, Developed Markets Stay Anaemic
Dr. Doom has predicted a slight global growth increase for 2014, but there’s still plenty of gloomy views for advanced economies.
A Happy New Year for Canadian Pensions
Aon Hewitt data has found the median funded ratio of pension funds in the Great White North topped 93% in 2013.
NYC's New Mayor to Pursue Pension Investments in Affordable Housing
Bill de Blasio said he will push to allocate more of the city’s $144 billion pension assets in cheaper housing as part of his progressive reform.
Applying Alternative Beta Strategies to Commodities
Research has found that combining risk-based and factor-based alternative beta strategies in commodities allocation could improve returns and reduce risks.
Sovereign Wealth Fund Leads PE Investment
Singapore’s GIC has topped the leader board for investors in private equity.
Longevity Hedging Breaks Records in 2013
Pension funds are tackling the risk of their membership living longer—and paying for it up front.
Pennsylvania Pension Fund Chairman Resigns
The burgeoning scandal over CIO Tony Clark's alleged trading improprieties has led to a second resignation: Board Chairman Nicholas Maiale.
Hedge Funds: Winning Hearts and Assets in 2013
Investors have never been more pleased with the performance of their hedge funds.
10 De-Risking Resolutions for the New Year
Mercer has identified the top approaches for de-risking your pension plan in 2014.
PBGC Premium Increases and the Death of DB Plans
Bob Collie, Russell Investments’ chief research strategist, has said the considerable rise in costs and the Bipartisan Budget Act’s political agendas could destroy corporate DB plans.
OMERS Promotes CIO Latimer to President and CEO
Michael
Latimer, the C$60 billion fund’s CIO, will assume the CEO role following
Michael Nobrega’s retirement next year.