News Archive: Nov - 2011
A study by Metlife shows that plan sponsors in both the United Kingdom and the United States are “keenly aware of the challenges their DB pension plans still face.”
The Pension Benefit Guaranty Corporation used improper outside vendors to calculate benefits, according to an audit.
American sovereign debt is likely to appreciate in value if the Congressional SuperCommittee cannot reach an agreement on fiscal matters.
However, total pension assets outsourced in the United Kingdom are still a relatively paltry 4%, the study shows.
Risk management is the art of using lessons from the past in order to mitigate misfortune and exploit future opportunities, according to a report.
Goldman Sachs, Citigroup are among those named in a lawsuit alleging misstatements regarding the European debt exposure of failed investment house MF Global.
A new Bank of America Merrill Lynch study has demonstrated that -- driven by Eurozone turbulence -- money managers are fleeing to US and emerging market equities.
President of China Investment Corp. Gao Xiqing has said that as global markets are more integrated, it becomes more difficult to shed sovereign debt investments, Bloomberg reported.
Pension De-Risking Is 'An Impossible Dream,' JP Morgan Claims, Yet Sources Highlight Inconsistencies
JP Morgan Asset Management has released a new report asserting that plan sponsors that seek to de-risk pension plans entirely are “dreaming an impossible dream," yet industry sources highlight various inconsistencies with the firm's claims.