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.
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.
The Kuwait Investment Authority and Malaysia’s Employees Provident Fund are slated to become cornerstone investors for the planned $2 billion listing of IHH Healthcare Bhd., the Wall Street Journal has reported.
As investors find themselves questioning whether equities and bonds will deliver absolute and/or risk-adjusted returns that meet expectations, they are increasingly searching out "real assets" as alternatives, a whitepaper by JP Morgan concludes.
Denmark has allowed the country’s pension funds to change the discount rate they employ to calculate their liabilities a week after Sweden implemented a similar reform.
More people are working well past the age they are officially allowed to retire – do we all have a greater work ethic these days or is it a sign of impending pension doom?