Get ’Em While They’re Young (and Old)
It's all about strategy in staffing investment departments at public pensions and sovereign funds, according to a new white paper by AIMCo Deputy CIO Jagdeep Bachher and economist Ashby Monk.
News Archive: Jul - 2012
QE a Double-Edged Sword for Institutional Investors
The Federal Reserve’s August 1 meeting could bring news of a fresh round of quantitative easing, something that could bring ecstasy to markets but some pain to institutions investing against liabilities.
PIMCO: Developed Market Economic Growth to Be Muted
The developed world will continue to be brought down by the global slowdown, as "it is hard to foresee a sustained recovery," PIMCO has claimed.
RBC: Equities Batter Canadian Pensions
Canadian pension funds have posted loses in the second quarter due to falling equity markets and the European debt crisis.
What If the Risk/Return Theory Was Wrong?
Investors were not better rewarded for taking risk over the past decade and until the economic waves die down, this could well continue.
US Courts Closed to BP Shareholders
Dividends were pulled and share prices sank – but where can shareholders find redress?
Liability-to-Market-Value Ratio Skyrockets for Eurozone Companies
Eurozone corporate pension deficits nearly doubled since 2007/8 as share of market value, according to Mercer.
Private Equity Assets Reach $3 Trillion
Total assets under management held by private equity funds worldwide have reached a new milestone.
More Rate Pain Due for Investors?
Recessions are rife in the developed world, but will the efforts to kick-start growth spell more pain for investors with liabilities?
NY State Brings in ex-Wall St CIO
Pension funds are still sailing pretty rough seas, but one of the largest in the US has a new skipper at the helm to navigate the choppy waters.
Barclays Investigated for 2008 SWF Fundraising Improprieties
In the latest regulatory headache for the UK bank, Barclays has disclosed that the Financial Services Authority is investigating four current and former employees for possible improprieties involved with fundraising in 2008 from a sovereign wealth fund.
Oregon Treasurer: State Pension Should Lower Expected Rate of Return
Oregon’s treasurer is advocating for a drop in the expected rate of return that the state’s $60 billion pension plan uses to calculate funding levels.
Securities Lending Veteran Resurfaces
As ‘risk’ continues to be the theme of the day, a seasoned veteran takes up a new post to oversee and control it at an independent securities lending firm.
Wyoming Pension: Time for a Fund Manager Fee Structure Makeover
The $6.5 billion Wyoming Retirement System's John Johnson and Jeffrey Straayer say that fee structures for fund managers need to shift control into the hands of asset owners -- the chief investment officers and other investing heads of pensions.
Cash-Strapped City Turns to Pension Fund For Loan
The mayor of Scranton, Penn., is hoping to secure a $16 million loan from the city’s struggling pension funds.