Following a report by consulting firm Mercer that ranked the pension system of the United States in tenth place, a new analysis by Allianz Global Investors (AllianzGI) shows that Greece is under the most pressure to reform while the Australian pension system ranks as the best.
Preliminary data released by the Commonfund Institute and the National Association of College and University Business Officers (NACUBO) has found that for the 2011 fiscal year (July 1, 2010 to June 30, 2011), institutions’ endowments in the United States returned an average of 19.8%.
The Federal Reserve has decided to continue its plan of purchasing longer-term securities while holding interest rates low through 2013 -- a move that may contribute to potentially detracting appeal of liability-driven investing strategies for plan sponsors.
An increasing number of schemes in the UK have closed to future Defined Benefit (DB) accrual or are currently in the process of doing so, a study by consulting firm Aon Hewitt reveals.
As volatility pummels currency-trading strategies, the world's largest currency hedge fund, FX Concepts, is hemorrhaging money -- and they're losing people as they're losing capital.
A New York City judge has tossed out a $19 billion claim that a trustee seeking money for Bernard Madoff's investors demanded from JPMorgan Chase, which had been the Ponzi schemer's bank.
The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have finalized new rules for systematic risk disclosure.
