Ohio Treasurer Slashes Pension Ties With BNY Mellon, State Street, Pledging to 'Root Out Fraud'
BNY Mellon and State Street are being replaced by JPMorgan & Chase and Citigroup as custodians for four Ohio pension funds.
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Investors Fear Inflation as Global Economy Stabilises
Inflation fears fuel risk taking, as investors see light at the end of the economic tunnel.
Former Public Pension CIO: Endowments Marked by More Informed Boards
CIO Profile: Peter Gilbert, the chief investment officer of Lehigh University, speaks with aiCIO on transitioning from being the CIO at the Pennsylvania State Employees’ Retirement System.
New Pension Head for FTSE 100 Company
One of the largest energy companies in the UK is set to appoint a new CIO – one with already extensive experience at the scheme.
CalPERS: Republican Pension Proposals to Sting Members
CalPERS has released a cost analysis of proposed Republican pension reform, noting that the proposal will lower retirement benefits for new hires and shift risk from employers to employees.
Is M&A Revival Key to Investor Success?
M&A could spell good returns for investors, but corporate confidence remains key.
CIOs Shun Pensions for Endowment & Foundation Jobs
Corporate and public pension investment heads are seeking positions in the nonprofit world in increasing numbers, industry sources say.
What Are the Alpha Characteristics of Hedge Funds?
Hedge fund managers have historically generated excess, skill based returns (alpha) through active management, and a paper by UBS scrutinizes the value of security selection and market timing to understand the industry's risks and returns.
Norway Oil Fund Opposes Greek Solution
The solution to Greece’s debt problems was opposed by one of the world’s largest investors, who suffered losses last year.
New York Legislature OKs Governor Cuomo's Pension Reform; DiNapoli Expresses Skepticism
The New York Legislature has approved much of Governor Andrew Cuomo's pension overhaul, while New York Comptroller Thomas DiNapoli has voiced concern.
Is a ‘Great Rotation’ About to Hit Markets?
Whisper it softly, but investor confidence may be returning as equity markets find the most favour in almost 12 months.
CalPERS Board Reduces Fund's Investment Return Target to 7.5%
Acknowledging lower returns and higher costs, the board of the $235 billion California Public Employees' Retirement System has approved reducing its rate to 7.5% from its longstanding rate of 7.75%.
Pensions Seek Private Markets, But Don’t Commit
Investors have lowered their holdings in equities and sovereign debt, increased allocation to credit and alternatives, not private markets – yet, bfinance has found.
What's the Biggest Mistake Arizona's Public Pension Made in 2008?
The Profile: Paul Matson, former CIO and now executive director of the Arizona State Retirement System, discusses what he perceives to be his biggest investing mistake in 2008 along with current opportunities.
Pension Buyouts for All as Deal Volume Spikes
Pension funds still allowing further member accrual have been thrown the lifeline of ‘buyout’ in a new deal that could see further volume in the already burgeoning sector.