Regulation
Brazil’s Pension Reform Vote Moves to Dec. 15
Bill will be more difficult to pass if pushed back to 2018, Congress says.
News Archive: Nov - 2017
Financial Advisors Found Using False Credentials
Report says firms listed on comparison service sites falsely claim to have advisers with CFP status.
Asset Allocation
LDI Shines Bright
Borrowing to fund plans is trending with liability driven investing.
Newsmakers
Bitcoin Cracks $10K, but the Party Doesn’t Last
Asset could hit $40,000 in 2018, Novogratz says.
Vanguard Sees Market Correction Odds at 70%
Bull market could end in H1 2018, Morgan Stanley strategists say.
Report: Millennials will have Similar Pensions to Current Retirees
Data shows retirement prospects for today’s workers not are ‘not the disaster’ other reports suggest.
Asset Management Culture
In-Depth: Michelle Cunningham and the Evolution of Institutional Investing
CalSTRS retiring deputy CIO recounts significant changes in the investment management industry during her career.
UK University Employees to Vote on Strike over Pension Changes
Union calls for strike over proposal to move participants into defined contribution plans.
Regulation
More Trials Ahead for North Carolina Pension Fund
Despite fee slashes, fund is not yet out of the water.
Survey Shows Geopolitical Risk Tops Pension, Asset Managers’ Concerns
Institutional investors are split over how much risk central banks present.
Regulation
Softer Pension Proposal Leads to Brazilian Stock Slip
Reductions to plan made to ensure December Congressional vote.
Report: ETF Assets Expected to Reach $7.6 Trillion by 2020
Passive assets under management could exceed active by 2027.
In-Depth: What Hath Roth Wrought?
The forced ‘Rothification’ of defined contribution plans would be a disaster, say industry experts.
Fossil Fuel Investments for UK Local Government Pensions Rise 17%
Report finds UK local government pensions still invest £16.1 billion in fossil fuels.
Newsmakers
TOBAM Launches First European Bitcoin Mutual Fund
Fund to integrate potential fork management while mitigating loss and theft.