Pearls of Wisdom
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Advice from Jay Vivian, an LDI pioneer with the IBM pension fund.
News
LDI’s Collateral Damage
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Does LDI mean trouble for equity long-only managers?
Utter Confusion
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: The first step is understanding the scope of the problem--and the potential solutions.
Troubles in Transition
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Does the structure of the business benefit transition management providers at the expense of users?
LDI’s Founding Document
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: The academic and regulatory work that constitutes the basis for modern-day LDI.
The Who’s Who, LDI Consulting Edition
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: The existing and future Establishments in the LDI consulting space.
Institutional Investors Aim to Bump Up Hedge Fund Allocation
A new report by Preqin has found that 38% of institutional investors surveyed in the firm's most recent analysis aim to increase their exposure to hedge fund investments in 2012.
Study Predicts Record Year for Scheme De-Risking
Consulting firm Hymans Robertson is predicting a record year for de-risking among UK schemes with deals potentially topping £9 billion.
The Other Morgan Stanley
From aiCIO Magazine's 2011 Liability-Driven Investing Issue: Wall Street is under fire for bad risk management. So why is Morgan Stanley’s defined benefit pension, of all things, so good at it?
With Stellar Investments, Texas Endowment Hands Out Robust Bonuses to Managers
After investments beat benchmarks for three straight years, Texas’s public university endowment has shelled out $7.2 million in bonuses to 29 managers.
JP Morgan Survey: Despite Obstacles, European Institutions Remain Committed to Fixed-Income
A new survey by JP Morgan Asset Management shows that despite concerns of low interest rates, political risk, and portfolio risk among European institutional investors, fixed-income allocations will not be reduced.
Judge Criticizes SEC in Citigroup Mortgage Settlement Over CDOs
Federal Judge Jed Rakoff is in the midst of questioning the Securities and Exchange Commission and Citigroup over a proposed $285 million settlement with the bank over the sale of toxic mortgage debt.
BlackRock Sees ETF Growth Amid Lackluster Markets
Despite market volatility, BlackRock's Kevin Feldman notes that exchange-traded fund continue to gain momentum as a go-to place for gaining global access to the market.
Academic Paper: Fiduciary Duty Is a Fantasy
The design and governance of investment management institutions is actually more important than honoring the principle of fiduciary duty which, claims Gordon Clark, a professor at Oxford University and author of a new academic paper.
Louisiana Pension Sues JP Morgan Over Alleged Breach of Fiduciary Duty
The Louisiana Municipal Police Employees Retirement System, which invests in JP Morgan, has sued the bank claiming breach of fiduciary duty by its directors.