News

Andrew Tunningley, head of investment consulting at Aon Hewitt, has left the company after overseeing a three-way merger 18 months ago. 

Two papers published by Mohamed El-Erian and Rene Martel, chief executive and product manager of the Pacific Investment Management Co. (PIMCO) respectively, delve into the future credit outlook of the US and on the state of LDI implementation.   

Amid continuing market uncertainty, Eurekahedge has shown that its Hedge Fund Index is down 3.78% year-to-date. 

After filing a suit against JP Morgan, Stichting Pensioenfonds ABP (ABP) has sued Credit Suisse as many of the scheme's once triple-A rated securities now carry junk grades. 

Arun Muralidhar: As much as I enjoy my taxes being cut, one has to look at the consequences of these decisions and, sadly, I have to be a really negligent father to be excited by these cuts. 

The coming year will see asset owners split into two groups: those that remember the problems of the crisis and act to resolve them, and those that forget them and fail to act.

According to State Street Global Markets, European institutions increased their allocations to risky assets in December, while North American and Asian institutions did the opposite.

Volatile stock markets and tepid bond markets contributed to a fall in asset values within the United States’ $2.5 trillion public pension system, the Census Bureau said.

Documents obtained by the Wall Street Journal show consternation within the bank as multiple states began to investigate foreign exchange transaction pricing.

CVS Caremark will pay $20 million to the California Public Employees’ Retirement System, the state of Illinois, and the state of Florida over fraud allegations. 

British Airways' pension scheme has entered into a buy-in deal with Rothesay Life to insure against scheme members' increasing benefits. 

A newly released report -- furthering the debate between active and passive management -- concludes that while finding superior active managers is not easy or simple, it can be done. 

Lou Moret, an outgoing CalPERS board member, has criticized the pension for investment earnings at the fund being below the median among institutional investors, as detailed in a quarterly earnings report by Wilshire.

Careful selection of private equity strategies is required to match expected returns with reality, according to consulting firm bfinance.  

Pension money is going into hedge funds at a faster rate than other asset classes, according to an annual survey by the National Association of Pension Funds.