The New Weapon in the LDI Arsenal
An ultra-long government bond future offers novel synthetic exposure to gilts, but will the market care enough to make it viable?
News
New Central Banking CIO for Korean SWF
One of Asia’s largest investors has a new man in charge.
401(k) Plans’ Pervasive Problem of Excess Fees
Half of plans offer a menu item that “no reasonable investor would select,” according to Yale and University of Virginia researchers.
Roubini: Bitcoin is a ‘Ponzi Scheme’
Dr. Doom thinks bitcoins are a “lousy”
store of value and a channel for criminal activities.
Has the Tide Turned for Macro Hedge Funds?
Some macro strategies are powering ahead, but is it too soon to claim the strategy’s crisis is over?
Japan Pension to Aim for 1.7% Annual Return
The Government Pension Investment Fund’s target is far lower than CalPERS, the CPPIB, and Norway.
Unilever Pension Chair Quits
One of the first European pooled pensions is to lose a key architect of the fund.
Oregon Lawmakers Push to Empower Pension Investment Office
The
legislation would in-source asset management and reorganize the governance
structure of the state’s $87 billion pension system.
Exclusive: George Washington University to Outsource Endowment
An RFP will be issued for the management of the entire $1.4 billion fund, the university has confirmed.
Sovereign Wealth Fund Forum Relocates to London
The International Forum of Sovereign Wealth Funds has left its Washington DC home to align itself better with UK fund managers.
The Major Hurdles to Impact Investing
Impact investing faces too many challenges to be adopted by institutional investors en masse, according to Hewitt EnnisKnupp.
Small Private Real Estate Funds Squeezed Out by Larger Rivals
The well-known names are winning the battle for capital.
Canada’s First Mega Pension-Risk Transfer Deal
The $500
million bulk annuity purchase shatters the record set eight months ago, when
the Canadian Wheat Board closed a $150 million buy-in.
Clarke to Quit PPF for Government Actuary Job
The Pension Protection Fund is to lose its top risk man to the UK government.
BlackRock Loses, Replaces Two Division Chiefs
For the second time in a year, the world's largest asset manager has named a new head of UK defined contribution.