Public Plans’ Funding Improves Slightly, But Not Asset Growth
Funded level was 73% in fiscal 2018, helped by lower liability increases.
Research
Trade Wars Taking Toll on Global Growth
OECD blames dimming economic outlook on trade tensions, policy uncertainty.
If the Rich Think a Recession Is Coming …
UBS survey of family offices says a majority foresee an economic slump in 2020.
Swiss Investors Are Ditching Traditional Investments, Moving to Alts
Study concludes that portfolio managers are cutting costs due in part to low interest rates.
Automatic Enrollment Can Lead to More Fees
Report finds auto-enrollment means multiple pensions, which leads to more fees.
Hedge Funds Are Leveraging Alternative Data In An Effort To Transform The Industry
A study conducted by Lowenstein Sandler confirms the use of alternative data is on the rise by hedge funds.
Private Equity Surges in Southeast Asia
Six ASEAN-focused funds have raised $500 million in the first half of 2019.
EU Regulator Warns of ‘Deteriorating’ Outlook for Asset Managers
Report says no-deal Brexit is biggest risk for European financial markets.
Public Employees Being Asked to Bear More Pension Burden, Risks
More than 70% of states have raised employee contribution rates since 2009.
Climate Change, Trade Collapse, and Cyber Warfare Among Top Investor Risks
Trade war implications are only a piece of the big picture, Thinking Ahead Institute head says.
Falling Discount Rates Send Corporate Pension Funding Tumbling
Funded ratio of 100 largest US corporate plans drops to 83.8% from 87.7%.
Alternatives Investors Say Equity Markets Have Peaked
The majority also believe private equity, real-estate markets are overvalued.
Fewer Deaths May Mean Increased Pension Liabilities
Lane Clark & Peacock expects UK mortality projections to show longer life expectancies.
Public, Church Pension Plans Face Similar Challenges
Alternative strategy seeks to increase returns, improve funded status, avoid ‘death spiral.’
Taxpayer Costs Rise When States Move Out of DB Pensions
Research says changing benefits for new hires does not solve funding shortfalls.