The Massachusetts Pension Reserves Investment Management Board has decided to embark on a comprehensive asset allocation review in an effort to better fund the $48.7 billion system, highlighting the need to change thinking, strategy, allocation, and management guidelines as circumstances change, the fund's spokesperson tells aiCIO.
Chief Executive of Norway's $513 billion Pension Fund Global Yngve Slyngstad believes measures that were taken during 2010 by European politicians were positive and believes yields on southern European countries' bonds will continue to improve in 2011 as a result.
Strategy + Tactics from aiCIO Magazine: "We call it a capital preservation philosophy," notes Theodore Economou, the
pension head at the European Organization for Nuclear Research (CERN),
echoing Benjamin Graham's mantra that to win, the first thing you have to do is not lose. "Losing money is not okay."
Investment managers are seeing an increase in the number of requests for proposals (RFPs) from insurance companies seeking third party services as the manager selection process evolves to meet increasingly complex investment needs.
Following allegations of influence peddling at the nation's largest public pension fund, CalPERS has revamped its governance policies, and its latest reforms are designed to help better manage risk and restore accountability.
Ceres, a national network of investors, environmental organizations
and other public interest groups, has kicked off a campaign among
global investors with assets totaling more than $2.5 trillion, urging
energy companies to be open and transparent with investors and
The active versus passive investment debate has raged within academic circles for decades without resolution. Unfortunately for the world’s asset owners, this has left them wondering what game—Chase alpha? Ride beta?—they should be playing.
Despite a recent report that shows pension funds
private equity by 94% last year, the pension
protection fund (PPF) has earmarked up to a quarter of assets to