What’s Your Benchmark? It Depends on Where You Are
All investors are not created the same, and where they are on the planet seems to affect how they approach and use benchmarks.
News
Pervasive Risk Frightens European Institutional Investors
European institutional investors see risk everywhere, a survey by Allianze Global Investors has found.
UK Pension Liabilities Largest Ever Relative to Market Cap.
The pension liabilities of the FTSE 350 have reached 35% of their sponsoring companies’ combined market capitalization, the highest proportion ever.
Abu Dhabi, Dutch Pensions, SWFs 'Defrauded' Out of Millions on BNY Mellon FX Trades, Lawsuit Alleges
The US Department of Justice has brought a case against BNY Mellon alleging it cheated customers on foreign exchange services, leading to revenues of more than $1.5 billion from some of the largest institutional investors worldwide.
APG Grows Indian Property Portfolio
APG seeks growth through the Indian middle classes and their desire to ascend the property ladder.
Mixed Reform for Corporate DB Plans
Congress has passed a reform package for corporate pension plans, simultaneously easing funding requirements and raising premiums owed to the Pension Benefit Guaranty Corporation.
Is Infrastructure a Poor Inflation Hedge?
Institutional investors that have looked to infrastructure as a hedge against inflation may be in for a surprise, two academics suggest.
Private Equity Funds Minimize Transaction Fees
Most recent buyouts funds will rebate the entirety of any transaction fees they earn from portfolio companies back to the fund’s limited partners, research by Preqin has found.
Record Investment Earnings – and Government Contributions – for US Public Pensions
The largest investors in the US have made some impressive investment returns, while the government is increasing its support to the system.
Spanish Bank Appoints Pensions Specialist Ahead of UK IPO
One of the largest Eurozone banks has brought a pension specialist on board as it waits out the region’s crisis before taking its UK arm public, aiCIO has learnt.
Hedge Fund Manager Skill Is Misperceived
A recently published paper examines the reasons behind hedge fund alpha creation, questioning the degree of pure skill involved.
SEI Poll: Investment Outsourcing Among Corporate Pensions to Double
The use of a fiduciary manager by corporate pension plan sponsors may double over the next five years, according to a poll by SEI.
Illinois Pension Signals Lower Return Target
The executive director of the $37 billion Teachers’ Retirement System of the State of Illinois has hinted that the plan may lower its assumed rate of return.
CIO Summit London Round Up
They came, they saw, we talked portfolio construction, risk and investment.
Where Should Investors Find Income in Fixed-Income?
As many investors today are moving to protect against downside risk and meet fiduciary obligations by derisking, they continue to seek income and return, according to a recently published study by Wellington Management.