The OCIO Revolution: Here to Stay?
The outsourcing of investment decisions is happening at a third of non-profit institutional investors.
Risk
Bulk Annuity Transfer Prices Reach Record Lows, Says Towers Watson
Further risk transfer deals are expected for 2013, after bulk annuity pricing levels become more attractive.
Consultants Face the Axe as Pensions Start Shake-up
Pension funds are radically reassessing their governance structures and consultants are first in line for review, SEI has found.
GMO’s Inker, Risk Parity Critic, Asks ‘What the *&%! Just Happened?’
June’s across-the-board correlations call for a reexamination of risk models and expectations, GMO’s co-head of asset allocation argues
SLI’s Stern: ‘Deep Bench’ Will Keep GARS Performing after Munro Exit
The new head of the peer-beating GARS fund has told investors it’s (almost) business as usual.
Bernanke Prompts Volatility Spikes in the East
Asian investors are becoming jumpy about US tapering, leading to a rise in volatility levels for the first time in more than a year.
A Skeptical Look at Risk-Factor Investing Research
Faulty study design accounts for much of the evidence that risk-factor investing is superior to asset class models, according to two prominent managers.
Senator Hatches a Risk Transfer Plan for Public Pension Funds
A bill tabled by a Republican Senator, asking for insurers to be able to take on public sector pension plans, has received a muted response.
Are Mega-Buyout Deals on the Cards?
Consultants and insurers tell aiCIO there is scope for further pension buyout headlines.
Even Static Rates Increase Liabilities, Redington Finds
Assets aren’t only affected when interest rates rise and fall: when they’re static it’s bad news for pension funds too.
How Could the Pension Protection Fund Fail?
The answer might surprise you. (Clue: it’s not capital-related.)
What’s Killing Growth? Pensioners and Birth-Rates, Research Claims
An ageing population and lower birth rate is not just causing a pension crisis, it is changing the face of our entire economies, a new essay has claimed.
Is There a Risk Management Talent Drought in Europe?
A quarter of European insurers say it’s hard to find knowledgeable, qualified risk management staff, compared to 16% of their US counterparts.
Multi-Million Pension Safety Net for UK Bank HBOS
Rescued bank HBOS makes innovative back-up plan for deficit reduction and investment returns.
The Inflation Hedge Myth
Thought you could hedge your inflation risk with equities, commodities, and infrastructure? Think again.