A major analysis of pension fund investment and returns has revealed three key aspects to outperformance. And, on average, you’re probably getting it right.
The private equity giant refunded certain fees following a US Securities and Exchange Commission examination, but some pensions reportedly discovered the true circumstances only through media reports.
Craig Lax, ex-global head of execution, has admitted wrongdoing to settle the SEC’s claims that he oversaw systemic, deceptive overcharging of clients.
A UK energy company has insured £2 billion of longevity risk, while a survey shows that half of major pension funds could conduct a de-risking exercise by 2020.