Survey Shows Geopolitical Risk Tops Pension, Asset Managers’ Concerns
Institutional investors are split over how much risk central banks present.
News
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.
Regulation
China to Use State Assets to Close Pension Fund Gap
Plan is part of government effort to compensate for aging population.
Newsmakers
CPPIB is ‘Watching’ Bitcoin, Blockchain Tech
Developer Axoni announces successful blockchain-based equity swap pilot with big banks.
Risk
Hedge Funds Bet $5.4 Billion on Toshiba
New shares account for more than half of the company’s current market value.
Newsmakers
New Rhode Island Treasury Program to Return $10 Million to Residents
Payments to be automatically processed during 2017 holiday season.
Paul G. Cellupica Rejoins SEC’s Division of Investment Management
New appointee previously served the Council between 1996 and 2004.
Corporate Moves
Heron Foundation Names New President
Dana K. Bezerra to assume role Dec. 31, while Clara Miller will transition to role of president emerita.
US Lawmakers Propose Pension Rehabilitation Administration
Treasury unit would allow pension plans to borrow money to remain solvent.
Newsmakers
UK Higher Ed Employers Propose Switching USS Fund to DC from DB
Plan spurs call for strikes at major universities, including Oxford and Cambridge.
Asset Management Culture
Interrogation: Harshal Chaudhari
Reflections on his first year, de-risking, and how IBM got to the enviable position of having a fully funded plan.