Towers Watson: Stable-Value Strategies Grow Riskier
In a newly released whitepaper, consulting firm Towers Watson advises plan sponsors about the new risks of stable-value investment strategies.
News
Market Volatility Spurs Interest in Private Equity
A total of 23% of investors believe private equity has become more attractive in light of recent volatility in financial markets, Preqin's latest research reveals.
Russell: LDI Strategies Becoming the Norm
As Russell Investments continues to see strong interest from its US institutional client base in liability-driven investing (LDI), Martin Jaugietis has been named to the newly created role of director and head of LDI solutions.
NAPF: Ahead of Auto-Enrollment, Heightened Clarity on Pension Charges Is Essential
The UK's National Association of Pension Funds (NAPF) has warned that unless details on pension charges are described in plain English, many people would have little faith in their new pension, and would simply choose to abandon it.
Annual Wall Street Pay Expected to Drop
A new compensation study conducted by the Options Group reveals that annual compensation for employees at big Wall Street firms could fall up to 30% from a year earlier.
Credit Ratings Not Always Subject to First Amendment Protection, Judge Rules
A federal judge has ruled that credit ratings are not always protected opinion under the First Amendment.
Recent Paper Explores Five Alternatives to the High Cost of Tail-Hedging
New research by AQR Capital Management reveals that insuring against tail risk is too costly and a drag on long-term performance.
UK May Turn to Pensions for Infrastructure Help
As Europe battles its deepest budget cuts since World War II, Chancellor of the Exchequer George Osborne is trying to revive the economy, finalizing an agreement with pensions and infrastructure investors to finance projects.
With Europe in a Financial Slump, China Investment Corp Voices Support
Without being a main source of aid for Europe, China's sovereign wealth fund may give "indirect" support to the region through investments.
Echoes of Harvard Endowment Trouble Heard
Harvard University has posted a $130 million operating deficit in the year ending June 30, the partial result of large endowment losses in 2008.
Deutsche Bank Reviewing Asset Management Structure
The German-based bank is conducting a “strategic review” of
its global asset management division; selloff of businesses possible.
Study: Liability Risk Prominent in US and UK
A study by Metlife shows that plan sponsors in both the United Kingdom and the United States are “keenly aware of the challenges their DB pension plans still face.”
Damning Picture of PBGC Emerges
The Pension Benefit Guaranty Corporation used improper outside vendors to calculate benefits, according to an audit.
As SuperCommittee Fails, Counterintuitive Result Likely
American sovereign debt is likely to appreciate in value if the Congressional SuperCommittee cannot reach an agreement on fiscal matters.
KPMG: Fiduciary Management Gains Steam
However, total pension assets outsourced in the United Kingdom are still a relatively paltry 4%, the study shows.