Shareholders Demand Dividends over Investment
A Schroders report found QE’s consequences could weaken business investment and even reduce future economic productivity.
Regulation
Virginia State Pension Targets External Assets
Public pension looks for third-party assets to manage to boost own revenues.
Veteran Named Chief of SEC’s Municipal Securities and Public Pensions Unit
A 13-year veteran of the SEC will head the unit overseeing the conduct of US public pension funds—and their suppliers.
Get Your Derivatives Ready—EMIR is Here
European pensions using hedges, swaps, or any other derivative have until February to get their house in order before new legislation hits.
A Fairer Deal for Equity Investors?
The UK regulator has made it easier for shareholders to engage.
What New Cost is Being Heaped on European Investors?
Towers Watson has warned that pension and insurance investors will be asked to fund the running costs of Europe’s regulator under new plans unveiled by EIOPA.
ABP Agrees Settlement with Credit Suisse and Morgan Stanley
The Netherlands’ €296 billion pension giant concludes its battles with banks over mortgage products.
Illinois Pension Plan Blames Low State Contributions for Serious Underfunding
The Teachers’ Retirement System of the State of Illinois recorded a drop in funded ratio to 40.6% and an increase in unfunded liability to $55 billion this year.
The Heavy Burden of Increasing Your COLA Base
A white paper has found an increase in unfunded liabilities in Massachusetts’s already underfunded public pension plans when raising their COLA base.
Hedge Fund Margins Squeezed by Compliance Costs
The vast majority of the $3 billion spent industry-wide on compliance has come out of managers' bottom lines, according to a survey.
ConvergEx, SEC Nearing Settlement Over Transition Management Scandal
The broker is in advanced talks with regulators as they prepare charges over its alleged fleecing of transition management clients, according to the FT.
Endowments, Foundations Struggle to Self-Govern
Investment outsourcing could remedy some difficulties, an SEI survey has suggested.
Managers Optimistic About US Economy Despite Political Deadlock
A survey showed most investment managers found US economic growth to be “resilient” regardless of budget struggles and the Fed’s possible taper.
US Treasury Sees 'Systemic Risk' from Asset Managers
Leverage and herding behavior could pose serious risks to broader financial security, the US Treasury Department has warned.
Many SWFs Still Bound to Politics, Study Finds
GeoEconomica found that only a third of 26 sovereign wealth funds of the Santiago Principles’ signatories passed the test of good governance, transparency, and accountability.