Gross’ Game Plan for Tackling Vanguard
Loading the front-end of bond portfolios would help investors ride out central banks’ “desperate gamble” and outperform competitors, according to PIMCO’s founder Bill Gross.
News
CIOs Earn $2.43 Million on Average… At Hedge Funds
Compensation at hedge funds managing $1 billion or more tracked performance more closely than ever in 2013, according to Infovest21 data.
Insurers Pledge £25B to UK Infrastructure
The UK government has secured £25 billion from six of the biggest insurers, forming the heart of a re-launched National Infrastructure Plan.
PBGC vs. PPF: Let’s Get Ready to Rumble (Part One)
aiCIO has taken a look at the investment tactics of world’s largest pension lifeboats—who has the haymaker and who has a glass jaw?
US Corporate Plans Hit Five-Year High in Funded Ratio
S&P 1500 pension plans enjoyed a funded ratio of 93% due to rising interest rates,
declining liabilities, and a growth in assets.
Friends Life CIO Departs for Aviva Investors
Mark Versey will join as director of client solutions in 2014, and head up an outsourced CIO offering for Aviva Investors' external clients.
Norway, Denmark Swoop for More UK Real Assets
Northern Europeans have continued to see value in their neighbours’ infrastructure and property.
DC Participants Record Little Investment Responsibility
An
AllianceBernstein survey showed DC participants in the UK felt only slightly accountable for
their pension investments and were vague on their retirement
dates.
Hedge Funds Stepping onto Mainstream Managers’ Turf
Institutional
investors have increasingly turned to hedge funds to manage long-only mandates—and
funds have been only too happy to oblige.
Half a Billion in Fees: How Two US Public Pensions Spent It
New York City and South Carolina’s pension systems spent roughly the same amount on annual investment fees—and both are under fire for it.
SSgA: Be Choosy about Emerging Markets in 2014
It is time to look more closely at the broad-based label, according to the investment giant.
Insourcing Is Flawed Path to Innovation, Researchers Say
Collaboration between asset owners has a better chance of producing inventive, viable ideas, according to Ashby Monk and Gordon Clark.
Hope for a Pension Deal in Illinois (Finally)
A new proposal would save the state pension system an estimated $160 billion or more over 30 years.
Verizon Promotes New CIO From Within
Brady Connor, formerly the pension’s chief operating officer, has replaced retiring CIO Ron Lataille.
Got Your Triennial Valuation This Year? Bad Luck.
Data from PwC has found the vast majority of UK pension funds with a triennial valuation in 2013 saw their deficits worsen.