How to Win Back Investor Trust
Financial scandals, poor returns, and high fees have damaged investors’ view of fund managers – here’s how to regain it.
News
Calling All Asset Managers: The Dutch Are Ready For DC
One of the Netherlands’ biggest insurers backs a shift towards defined contribution.
Pension Holiday “Seemed Like a Good Idea at the Time”
A representative of Illinois’ speaker of the house—who voted for the funding break—says lack of reform on Wall Street is blame for the current shortfall.
It’s Miller Time for Amundi
The French asset manager has stolen Blackstone’s head of UK institutional business.
Who Cares about Inflation?
Not many people it seems—there are greater pressures to deal with in the short term.
CalPERS Cashes in Carlyle Stake
After holding a 4% stake in the alternative asset manager for 12 years, the pension giant is taking its profits.
Insurers Are All Talk, No Action on Alternatives Allocation
European insurance CIOs claim they want to put 10% of their portfolio into satellite assets, but are dragging their heels on implementation.
Money for Nothing (and Fund Losses for Free)
How much are YOU paying your fund manager to underperform?
Wellcome Trust Appoints Former Hedge Fund Manager
Former head of Perry Capital London office joins the global charitable powerhouse.
Fitch Downgrades Illinois over Pensions Mess
Time ran out on a pensions deal, and a ratings agency didn’t like it.
Smoothing Framework Hits Dutch Coverage Ratios
A fall in the three-month average in interest rates has resulted in higher liabilities for Dutch schemes, putting them in the firing line of the regulator.
Beware the End of the Glide Path
Rising rates would hit the end people nearest retirement disproportionally hard, according to a Casey Quirk paper, as glide paths derisk approaching their target date.
Utility Rejects Second OMERS, USS, KIO Advance
Infrastructure is appealing, but investors have to be prepared to pay.
“A Difficult Year for ABP”
Europe’s largest pure-play pension, admits pensioners have been hit the hardest hit in 2013—and they could be again next year.
Fed to Plunder Public Pension to Manage Debt Ceiling. Again.
The Fed is forced to tap the large cash pool once again to avoid breaching its limits.