Why Does Nobody Want China’s Top SWF Job?
Shanghai vice-mayor Tu Guangshao, widely tipped for the job, is apparently getting cold feet.
News
European Pensions Slip the Solvency II Noose (For Now)
Michel Barnier offers breathing space to European pensions – but the issue had not been completely vanquished.
DB Plans Outperform DC by Widest Margin Since 1995
LDI has been narrowing the performance gap overall, but long bonds proved to be a boon for defined benefit schemes in 2011.
LDI Veteran Departs AXA
AXA Investment Managers' head of UK LDI Shalin Bhagwan is leaving his position after 11 months at the firm.
Let's Get Serious: Investors Demand Hedge Fund Commitment
Hedge funds’ playing around town is over – investors want serious, dedicated relationships.
Irish Government Slammed for Failing Pension Funds
Pension funds on the Emerald Isle are in a fix – and the government isn’t helping.
CalPERS Claims Legal Team “Raided” by Bankruptcy Opponent
A law firm representing an adversary in the Stockton and San Bernardino bankruptcy cases has allegedly poached at least four members of the pension fund’s legal team.
Finding the Sweet Spot for DC Diversification
DC portfolio creators should throw away peer benchmarks and focus on members’ financial outcomes.
Dutch Pension Giant in Talks to Acquire Peer
PGGM may be set to grow even larger if discussions started this month to acquire a domestic rival are successful.
Harvard Endowment: Where Deputies (Can) Out-Earn the Boss
The endowment’s top investment staff rode strong returns to a 45% gain in total compensation for 2011.
Australian Supers on Track for Second-Best Year Ever
Australia's defined contribution retirement funds are on track for their second-best year ever.
Nigeria: 1 South Africa: 0
One African SWF has scored its first goal, but another is back in the dressing room.
Flush With Cash: How a US Town is Using Sewers to Shrink its Deficit
Leasing assets to fund your pension deficit is becoming more popular.
JP Morgan Closing Transition Management Business
The global custody bank is the second dominant industry player to exit the business in a week, following Credit Suisse’s shuttering of its US business.
Actively Managed Pension Funds Could Be Reduced By 8% Under FTT Proposals
The European Commission’s proposed Financial Transaction Tax faces another grilling from a financial markets lobbying group.