Pension Investors Fear Impact of Dodd-Frank on Returns
Dodd-Frank may hurt investment returns for pension funds by shrinking OTC derivative markets and cutting opportunities for asset manager outperformance, public plan CIOs have warned.
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The Profile: Jim Dunn, CIO, Wake Forest University
Jim Dunn of Wake Forest University speaks with aiCIO on his commitment to running the $1.5 billion university portfolio, and -- compared to its public pension counterparts -- the greater tools, control, and flexibility granted within the endowment arena.
Custodian Fee Backlash Prompts Mercer FX Monitor Launch
Consulting firm Mercer has launched a product to monitor FX fees charged by custodians following several investigations into alleged fraud for this service by pension funds and other large investors.
Mayor Bloomberg Says Pension Costs Are Straining NYC Budget, Supports Cuomo Plan
With an $8 billion pension bill putting a dire strain on New York City's finances, Mayor Mike Bloomberg has asserted that state legislatures should support the governor's pension proposal.
Dutch Court Throws Lifeline for Non-US Class Action Lawsuits
Pension, endowment funds, and other international shareholders have a new avenue of enquiry to seek damages of alleged corporate fraud thanks to a European court decision.
GMO: Beware of Beta as a Measure of Risk
New research from Grantham, Mayo, Van Otterloo & Co. (GMO) explores the anomalies in investment strategies that generate returns greater than expected in light of their perceived risks, warning investors to be cautious of perceived inefficiencies in the market.
Survey: Canadian Schemes Fight to Stay in Positive Territory
Canadian pension plans earned a median of 0.5% return for the year, according to a new survey by RBC Dexia.
Diamondback Dodges Criminal Charges, Resolves Insider Trading Case
Diamondback Capital Management has agreed to pay more than $9 million to settle allegations of insider-trading at the hedge fund.
Poor Market Infrastructure Hampering Africa’s Appeal to Investors
Technical failings rather than corruption create challenges for investors in Africa, a survey of investors present in the region has found.
Institutional Investors Shun UCITS Hedge Funds
UCITS funds have found little favour with institutional investors despite a wave of them being created in reaction to the financial crisis and Madoff scandal.
PIMCO: Asia-Pac Growth to Be Below Market Consensus
"We expect emerging Asia growth below the market consensus due to its less aggressive policy responses compared to 2008-2009," PIMCO's Asia-Pacific portfolio managers have asserted.
Most Europeans Unaware of Pensions Timebomb
Most European Union citizens do not think there is a need to raise the official retirement age in the next 20 years, despite acknowledging increased longevity.
Northern Trust: Better Investment Returns Through Tax Efficient Fund Structures
Choice of cross-border investment vehicles can have a measurable impact on asset manager performance and investors’ returns over time, new research by Northern Trust shows.
‘Bureaucracy Trumps Common Sense’ in UK Government Pension Proposals
Proposed pension regulation changes for UK companies are unnecessary and come at the worst time for occupational funds, experts have warned.
Future of Eastman Kodak’s Pension ‘Too Early to Tell’ Says PBGC
"Some people say that Eastman Kodak's pension plan is in danger because the company filed for bankruptcy, but it's really too early to tell," says PBGC spokesman Marc Hopkins.