Deutsche Bank Warns on Emerging Markets, Poor Equity Returns in 2012
Avoid emerging markets and do not expect too much from equities, at least in the short-term, a major European bank tells investors.
News
Pension Funds Bring Class-Action Against E&Y Over Lehman
The Alameda County Employees’ Retirement Association has called for class-action status in a lawsuit with Lehman Brothers Holdings Inc.’s former auditor Ernst & Young.
Former World Bank Head Joins JP Morgan to Lead SWF Dialogue
JP Morgan Asset Management has added to its strategy group with Roberts Grava.
Bill Calls for Higher Contributions for Federal Employees, an End to 'Hypocrisy'
The House Oversight and Government Reform Committee is considering a bill that would push Federal employees, including members of Congress, to contribute 1.5% more toward their pensions.
Gabon Creates Latest Oil-Fueled SWF
Oil revenues are being tapped for the latest African SWF as Gabon follows other nations to capitalise on natural resource wealth.
Faster Longevity Improvements Threaten Schemes
Longevity improvements are on the increase more quickly than had been thought and could catch pension funds unprepared.
Paper Champions 'Dynamic Portfolio Construction' to Manage Risk
Portfolio performance can be enhanced across market environments using a dynamic portfolio construction framework, according to a new research paper.
Texas Endowment Urged to Maintain Gold Investment
The University of Texas Investment Management Co. is being urged not to sell the gold bars it bought as a hedge against inflation.
UK Pensions Lifeboat Boosts Agri-Alternatives
UK's pensions lifeboat has added agriculture and timberland to its alternatives roster.
Nestlé Appoints Schroders to Co-Run in-House Fund
Schroders has been appointed to help run an in-house fund for Nestlé as the multi-national brings investment management in-house.
Ambachtsheer: Pension Fund Manager Compensation Should Be Reevaluated
The most difficult part is the design of an effective pay-for-performance scheme in the investment function, writes Keith Ambachtsheer from the University of Toronto.
Premier Trend Among Superannuations: Insourcing, Paper Concludes
One of the more prevalent trends in institutional investing within the superannuation industry has been a movement toward in-house investment management.
Deficits Ease But 2012 Still ‘Challenging’ for US Pensions
US pension deficits have eased, but the battle lies ahead for large companies facing economic headwinds.
Illiquidity Risk Is Poorly Captured by Traditional Models, Research Paper Says
A new research paper explores areas of concern surrounding the effective use of illiquid assets in portfolio management.
CTFC Commissioner ‘Puzzled by Attempts to Regain Confidence With Regulation' on MF Global
The CFTC is reviewing oversight in response to MF Global's collapse, yet its Commissioner also claims that because MF Global did not result from a lack of regulation, he is puzzled by the Commission’s attempts to regain public confidence through new regulation.