Are Corporate Plans Really Close to Being Fully Funded?
Incorporating
future service costs and benefits for future participants into a plan’s
liability metric can significantly bring down the funding ratio.
News Archive: May - 2014
Harvard, Penn, Chicago: Which School Opens the Fund Management Door?
If you want your children to get into fund management, their
choice of educational establishment can help.
Hedge Fund Assets to Hit $5.8T by 2018
Assets run by hedge funds could double but the biggest players are continuing to dominate.
SEC Hits Out at Underfunded Public Pensions
SEC Commissioner Daniel Gallagher has hinted at potential fraud action against “lax accounting standards”.
NYC Pensions Appoint TIAA-CREF Veteran as New CIO
Scott Evans,
former CIO and president of asset management at TIAA-CREF, will begin managing
the city’s $150 billion retirement system in July.
CIO Sought for New York Transport Authority Pensions
The successful candidate for the newly-created role must address a significant funding shortfall and asset valuation concerns.
‘Good Chance’ of QE in Europe to Prevent Deflation, Says PIMCO
PIMCO thinks the next five years will be dominated by continuing low interest rates but a return to relative stability.
APG Bets on Chinese Industrial Growth Story
Warehousing and logistics have piqued the interest of the $360 billion pension investor.
What It Takes to Be CalPERS’ CIO
The largest
US public pension plan seeks candidates with 15 years of experience, extensive
knowledge of investment strategies, and high ethical standards.
Goldman Sachs: World Cup Economics (and How to Play Them)
Brazilian equities are likely to catch a short term tailwind if the country’s football team triumphs at home tournament this summer, says Goldman Sachs.
CIO Profile: Running the Largest Pension for Europe’s Richest Population
The CIO of Switzerland’s PUBLICA pension outlines his views on private debt, ESG, and a top heavy membership.
Eastern Appetite for Alternatives Balloons
A multi-billion dollar Taiwanese pension fund is ramping up its allocation to hedge funds.
PIMCO Hires Economist Paul McCulley for the Third Time
The $1.94
trillion firm has recruited the former PIMCO senior executive and renowned
economist to reassure clients in trying times.
BlackRock: Charge Investors to Exit in Times of Stress
The US asset management giant argues for redemption
fees to stop runs on funds in an investigation into financial stability.
Church of England to Boost Private Equity and Infrastructure after Strong 2013
The Church Commissioners Fund plans expansion of private
equity holdings and defensive equity managers.