Once again, underfunded liabilities is the most important risk factor facing US corporate defined benefit plans, according to the 2012 MetLife US Pension Risk Behavior Index survey.
Solvency II would hurt equity markets as well as force the closure of remaining defined benefit pension funds, a pan-European employers and retirement industry group has claimed.
Liabilities have outpaced the growth in assets for the sixteen publicly listed US corporations with pension liabilities over $20 billion, research by Russell Investments has shown.
Institutional investors should look toward the sovereign wealth funds of Norway and New Zealand in their quest for sustainable investing, according to a recent paper.
While many respondents continue to expect their allocations to long-only equities to moderate, a large proportion of respondents suggest active domestic equity strategies will continue to find it difficult to pick up market share, a newly released survey by Keefe, Bruyette & Woods (KBW) shows.
From aiCIO Magazine's February Issue: Like printed magazines, the demise of defined benefit has long been predicted. We're still waiting for those prognosticators to be right.
From aiCIO Magazine's February Issue: The old world—where portfolio managers could scale, where client service was somehow less about intellect and more about bonhomie, where alpha was always just within reach—was a vastly preferable one for asset managers.