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.
News
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.
Who Are Europe’s Biggest Infrastructure Investors?
Preqin data has found the Dutch and Danish are leading the way among institutional infrastructure investors.
AP1 Hires PIMCO Business Development Head as CIO
Mikael Angberg will take up is position on December 9.
Mid-sized US Asset Management Firms Score Best with Foreign Investors
A report has found US management firms’ flexibility in manager selection and ability to customize and tailor to investors’ needs were key in winning over foreign investors.
SEI Investments Fined for Client Money Failings
The UK’s financial regulator has issued a £900,200 fine to the asset and fiduciary manager.
NYSE LIFFE Launches 30-Year Gilt Future in UK
Russell Investments has heralded the arrival of NYSE LIFFE’s latest security as “good news” for investors seeking liquid exchange-traded, long-dated interest rate derivatives.
DC: The Next Frontier for Fiduciary Management
Psolve has used its 10th anniversary to advocate the use of delegated consulting for defined contribution plans.
CFO, COO Swap Jobs at CCPIB
The two Canada Pension Plan Investment Board executives will move into one another’s positions as part of a senior management revamp.
PIMCO: Why Investors Should Go Short and Go Global
A report has
found globalization in investment strategies could help investors ride out
growing market volatility and find better opportunities for greater returns.
DB vs DC Savings: About 3% per Year
That’s the payroll difference for plan sponsors who choose to freeze their pension plans, according to a study.
Alaska Permanent Awards EM Mandates
The Alaska Permanent Fund Corporation has appointed William Blair, JP Morgan, Lee Munder Capital Management, and Delaware Investments.
New York Public Library Endowment Reaches $1B Milestone
The venue for aiCIO’s Industry Innovation Awards caps off a successful year by exceeding $1 billion in assets for the first time.