F&C Questions Impact of Rating Agencies
UK Asset Manager F&C has questioned the impact of a downgrade on sovereign debt.
News
Academic Paper: No Single Way to Benchmark Infrastructure
Despite growing interest in infrastructure as an asset class, no standard exists for benchmarking the performance of unlisted infrastructure investments.
BNY Mellon Finalizes Partial Settlement in FX Suit
BNY Mellon -- the world's largest custody bank -- has settled part of its federal forex lawsuit.
Record-Setting Insider Trading Probe Leads to Seven Charged
Seven have been charged in a $78 million record-setting insider trading case.
The Profile: Bernard Walschots, CIO, Rabobank Pension Fund
With €14 billion in assets and a funding ratio better than the average, Bernard Walschots of the Dutch Rabobank Pension Fund talks to aiCIO.
ABP Hikes Contributions, Mulls Benefit Cut to Contain Shortfall, Despite Asset Rise
ABP, the second largest European pension scheme, is to demand higher contributions and may cut member benefits to try and repair the damage done to its coverage ratio by low interest rates and the financial crisis.
Putnam Investments Expands Institutional Consultant Relations Team
Charlotte Walsh and Gregory Weissman are joining Putnam Investments' consultant relations team, highlighting continued demand on the investment consultant business.
Korea Investment Corp CIO Expresses Confidence in European Assets, Aims to Pursue Real Estate
The chief investment officer of the $43 billion Korea Investment Corp has revealed confidence in European assets with aims to pursue more real estate.
US Debt Ceiling Problems Halt Federal Pension Investment
Fears of breaching the United States’ debt ceiling has meant the government has temporarily halted further payments into the pension fund for Federal employees.
Minderides in At State Street’s UK Transitions Team
Ex-JP Morgan transition management chief John Minderides has
been recruited to lead State Street’s efforts in the United Kingdom; Rick
Boomgaardt, head of EMEA transitions, has left the firm.
NYC Comptroller Liu Voices Pension Commitment to Minority and Women Investment Managers
New York City Comptroller John Liu has expanded the city's pension funds' commitment to minority and women investment managers by $500 million.
Ex-APG Exec Appointed to European Investment Bank
Pim Van Ballekom, APG Pension Group's former Head of International Public Affairs, has been appointed as the European Investment Bank's (EIB) Vice-President.
Gold Is No Cure-All But Should Be Embraced, NEPC Says
In times of elevated market volatility, investors cast their eyes to any asset category that rises as stock markets and other risky assets fall, a new paper by consulting firm NEPC notes.
CalPERS Highlights Hybrid Pension Plans
Hybrid pension plans maintained by state retirement systems are a proven to deliver pension income security, retain essential staff, and provide important economic stability to every city, town, and state across the country, CalPERS says.
Institutional Investors: Risk-On in 2012
Asset allocators have started the year with the largest ‘about turn’ in investment confidence in over two and a half years.