Swiss Pension Conference Champions Risk-Taking
Representatives of various Swiss Pensionskassen agreed that funds should take risk, if they can afford it.
News Archive: Mar - 2011
Commodities Firms Shy Away From Dodd-Frank Reforms
Commodities companies are fearing the impacts of the Dodd-Frank Act, which will likely lead to increased costs.
Pensions May Be Unwise Allocating to Gold
Should pension funds allocate to the volatile commodity, often viewed as an inflation hedge?
Survey Shows Some UK Pension Managers View Fiduciary Management With Distaste
Not all pension fund managers in the UK are embracing fiduciary management, according to a survey by Pensions Management and Pensions Week.
CalPERS May Lower Investment Target, Raising Rates
CalPERS actuaries are recommending a decrease in the investment earnings forecast used to discount pension obligations in the future.
Report Says Regulations Must Encourage SWFs to Invest in US Infrastructure
The Brookings Institution, a Washington-based think tank, has released a study stating that US policymakers should offer incentives to encourage sovereign wealth funds to pursue American infrastructure.
Equities Remain a Preferred Asset Class, Lipper Says
In the week ended March 9, investors pumped nearly three times the amount into US-domiciled equity mutual funds from the prior period.
French Fund Implements New Asset Allocation With LDI Focus
The Fonds de Reserve pour les Retraites has announced a new asset allocation using a liability-driven investment approach as well as a plan to select new managers.
PIMCO’s Total Return to Hold Zero US Government Debt
According to Bill Gross, the $273 billion fund will, for the first time in over two years, remove all American government debt from its holdings.
Transit System Sues BNY Mellon Over 'Unlawfully Obtained' Proceeds From Forex Trading
In the latest case of alleged foreign exchange trading misdeeds, BNY Mellon has been sued by a Pennsylvania transportation authority.
Pension Giant: Let’s Form Global Infrastructure Investment Alliance
Building off existing, if informal, cooperation with other Canadian funds, OMERS, the Ontario pension worth $53 billion, has suggested that a global alliance of infrastructure investors would help pensions further build up their portfolios.
Japan's PFA Pressured to Boost PE Allocation
Similarly to Japan's Government Pension Investment Fund (GPIF), the chief investment officer of the country's Pension Fund Association (PFA) has said it must take on more risk to improve returns as the proportion of people over 65 years old in Japan stands at a record 21%.
SDCERA Internal Emails Paint Picture of Confusion and Turmoil Over CIO Role
While internal emails from the San Diego County Employees Retirement Association portray tension at the plan, the public pension maintains that the fund's recent returns are a testimony to the fact that its model is working.
Mini-Madoff Pleads Guilty in Ponzi Case
Francisco Illarramendi has pleaded guilty to five criminal counts after US prosecutors accused the Connecticut hedge fund manager of running a multiyear Ponzi scheme that may have defrauded investors out of hundreds of millions of dollars.
KKR Lends Influential Name to Private Equity Best Practice Guidelines
Global alternative asset manager KKR has said it endorses a set of guidelines on private equity best practices issued by the not-for-profit Institutional Limited Partners Association.