Pensions Worry More about Inflation, Less about Interest Rates
A new survey shows that UK funds more focused on hedging their liabilities against inflation than they were earlier in the year.
A new survey shows that UK funds more focused on hedging their liabilities against inflation than they were earlier in the year.
Following a poor 2008, the City of London defined benefit pension plan is considering increasing oversight of investment managers as they look to enter the alternative market.
New study shows quants feel misunderstood in their roles at global financial firms.
After 2008, when they were burned by financials, SWFs are likely to stick with a recent trend toward natural resources.
The proposed plan would allow underfunded pension plans nine years, not seven, to make up the funding shortfall.
Avoiding funds of funds, the New York State Common Retirement Fund is increasing its allocation to hedge funds in hopes of excess returns.
With poor returns and liquidity issues, endowments—heavily reliant on private equity in the past—say they will lower allocations to this alternative asset class.
State Comptroller Thomas DiNapoli is questioning whether the move is allowed under the state’s constitution.
The actions would ban underfunded plans from taking employer holidays, among other proposed reforms.
Russell Read, the fund’s CIO from 2006 until 2008, defends moves he and the fund made into commodities, emerging markets, and private equity.
America’s third largest endowment will make cuts more quickly than many of its peers in hopes of returning to growth sooner.
The director of global research at America’s seventh largest public pension is predicting that many of his peers will turn to gold to hedge against currency devaluation and inflation.
Dark pools, often a place for institutional investors to trade anonymously in large quantities, are now under pressure from the SEC.