10 De-Risking Resolutions for the New Year
Mercer has identified the top approaches for de-risking your pension plan in 2014.
News
PBGC Premium Increases and the Death of DB Plans
Bob Collie, Russell Investments’ chief research strategist, has said the considerable rise in costs and the Bipartisan Budget Act’s political agendas could destroy corporate DB plans.
OMERS Promotes CIO Latimer to President and CEO
Michael
Latimer, the C$60 billion fund’s CIO, will assume the CEO role following
Michael Nobrega’s retirement next year.
ConvergEx Hit with $150M Fine for Overcharging Clients
Massive fines and criminal proceedings are in line for ConvergEx subsidiaries.
CalPERS Hedge Fund Chief to Depart for Future Fund
Craig Dandurand is set to join Australia’s sovereign wealth fund in February.
Embattled Rhode Island Pension Reformer Running for Governor
Gina Raimondo, the state treasurer whose pension overhaul drew criticism from unions, Rolling Stone, Forbes, and elsewhere, will be pursuing a higher office.
Hedge Fund Assets Hit Five-Year High of $2.8TR
Investors have poured assets into hedge funds, leading to positive flows for the fifth consecutive month.
Japanese Madoff Jailed in $240M Fraud Case
A Japanese investment manager has been handed a jail term for Christmas after defrauding pension funds of $240 million.
Should You be Worried about a Low Volatility Bubble?
Data analysis has suggested low volatility strategies are less prone to bubbles than traditional market cap-weighted indices.
Year-End Job Moves Pile Up at Asset Managers
SSgA, OppenheimerFunds, and AMP Capital, plus others, have lost and gained top employees in the dwindling days of 2013.
The Year in Risk: Developed and Emerging Markets Diverge
2013's changing risk patterns pushed investors to swap index funds for country-level investments, according to Axioma.
Pennsylvania CIO Accused of Personal Trading with SERS Info
Tony Clark,
CIO of the $27 billion fund, is also accused of withholding investment
information regarding Tiger Asset Management, according to internal legal
documents.
Breaking Down Smart Beta Strategies
Do you have questions about smart beta? EDHEC has some answers.
Assessing Pension Schemes’ Balance of LDI Strategies
Russell
Investments found six reasons why fiduciary managers must incorporate
approaches beyond the oversimplified LDI strategies.
PBGC Premium Increases Could Help Pensions De-Risk
Aon Hewitt
has found that the proposal to increase PBGC premiums could incentivize plan
sponsors to pre-fund, settle liabilities, and adopt de-risking strategies.