ABP Agrees Settlement with Credit Suisse and Morgan Stanley
The Netherlands’ €296 billion pension giant concludes its battles with banks over mortgage products.
News
Your Next New Asset Class: Impact Investing
Ronnie Cohen, the founder of private equity giant APAX and godfather of venture capital, is on a mission to recruit institutional investors to his cause.
Diversification is Still Better for Long-Term Investors
An SEI report has advised investors to keep the faith in spreading their risks.
BofAML: Keep Hold of Your Equities Until at Least 2014
Stocks should be held until at least the end of the year, according to Bank of America Merrill Lynch.
Quantitative Easing has Pushed Investors into Alternatives
Research from Universal Investment has discovered that bond-heavy German investors are turning to alternatives in the search for yield.
What’s Wrong—and Right—in Australian Superannuation?
A review of aiCIO’s 2013 Chief Investment Officer Summit Australia
US Pension Plans’ Route to the Glide Path Endgame
A report has found that most US pension plans are not equipped to face structural changes as they near glide path endgames and improved funding ratios.
Illinois Pension Plan Blames Low State Contributions for Serious Underfunding
The Teachers’ Retirement System of the State of Illinois recorded a drop in funded ratio to 40.6% and an increase in unfunded liability to $55 billion this year.
Is Now the Time for Sub-Investment Grade Credit?
Several managers have extolled the virtues of B and BB-rated bonds, after the tapering tantrum in May resulted in significant under valuations.
Transition Management Must Change, Says Regulator
Some improvements have been made by transition managers, but they must try harder, the UK’s FCA has said.
Unlisted Infrastructure Funds Hit Record Capital High
A 33% increase in dry powder since 2010 sees available capital hit $93 billion, but overall transactions numbers are down for 2013.
MAPs: the Good, the Bad, and the Trendy
Opera Solutions has found an increasing trend of institutional investors adopting managed account platforms, with projections of the market growing to $100 billion in the next 18 months.
Asia-Pacific Investors Dump Hedge Funds in Favour of Conservative Strategies
Research from BNP Paribas Securities Services found Australian, Japanese, and Hong Kong investors favour risk budgeting when modifying their investment strategy.
US Fiscal Showdown Dents Investors’ Confidence
North American investors’ confidence levels moved into negative territory following the US government’s shutdown, according to State Street.
Texas Teachers’ Britt Harris to Receive aiCIO Lifetime Achievement Award
With stints at Verizon Investment Management, Bridgewater Associates, and the Teacher Retirement System of Texas, Harris’ has spent upwards of 25 years in institutional asset management.