Mercer Sees Pensions Handing Off Risk in Growing Numbers
A global trend of transfers in pension risk have accelerated as plan sponsors offload risk to third parties, says Mercer, which is positioning itself to profit from the demand.
News
Illinois Pensions Add Actuary to Boost Transparency, Public Image
Illinois Governor Pat Quinn has signed a law to increase the transparency of the state's pension systems.
Japan Asset Managers Arrested in Pension Scandal
Authorities have arrested four men at Japanese asset manager AIJ Investment Advisors Co. for fraud in the aftermath of a $1.4 billion pension scandal.
UK Pensions Lifeboat Loses CIO
The CIO of the Pension Protection Fund – the UK’s Pension Benefit Guaranty Corporation equivalent – is to leave in August to join a corporate plan.
UNPRI: Australia's Christian Super, CalPERS Exemplify Sustainable Investing
Australia's superannuation fund Christian Super and the California Public Employees’ Retirement System (CalPERS), the largest public pension in the United States, are archetypes of funds that have invested for the sustainable economy across asset classes while gaining a competitive advantage, according to a report released by UNPRI.
Markets Force Asset Allocation Changes—and Reexamination
Twin reports by consultancy bfinance suggest that while alternatives may prove to be the most durable asset class today, institutional investors must reevaluate the way they approach hedge fund strategies.
In Search of Diversification and Alpha, Investors Seek Alts, Russell Says
Institutional investors globally are eager to diversify and generate excess return, and alternative investments are consequently growing in popularity, a study by Russell Investments shows.
Pension Obligations Choking State Finances
The pension and benefit obligations of states outstripped plan assets by a startling $1.38 trillion in fiscal 2010, a study by the Pew Center on the States has found.
Fortress Germany Hit by Eurozone Crisis
The nation that is helping to bail all the others out may have finally succumbed to the pressure of the Eurozone crisis.
Report: Firing Underperforming Managers Is Counterproductive
A report from consultancy Towers Watson illustrates how asset owners who are more inclined to fire underperforming managers would be better off riding it out.
PIMCO: TIPS the New Investing Bedrock Amid Rising Inflation, Commodity Prices
Amid increasing inflation and higher commodity prices, developed nations will likely seek to lower their debt levels by favoring Treasury Inflation Protected Securities, according to Pacific Investment Management Co.'s Mihir Worah.
Global Tactical Asset Allocation Strategies Gain Steam, Segal Rogerscasey Says
Global tactical asset allocation strategies provide asset diversification and downside protection, according to Segal Rogerscasey.
Leadership Change at AT&T Pension
Sean Foley, a senior vice president for investments overseeing AT&T’s pension plan, has resigned and Bill Hammond, an AT&T veteran, has taken his place.
Investors to Pour Trillions of ‘Core’ Assets Into Hedge Funds
An appreciation of how hedge fund strategies can work within core portfolios could mean up to $3 trillion flowing into the sector over the next five years.
Anemic 2011 Returns for Chinese Pension
China’s National Social Security Fund saw returns in 2011 of just 0.84%, a significant drop from its average return of 8.4%.