Towers Watson to Merge with Willis Group
“Cost synergies” are promised as the consultancy giant teams up with insurance broker Willis.
News
KKR Fined $30M for Breach of Fiduciary Duty
The SEC said the private equity powerhouse unfairly charged its limited partners $17 million in fees for failed buyout deals over six years.
The Art of Getting a Better Deal
CIO’s European Editor on why knowing what you’re getting into costs less than getting out of it.
Newsmakers
Do You Know What You’re Signing?
Do you know what you’re signing? Because when it comes to asset management contracts, most of you don’t.
Prudential and PIC in Longevity Reinsurance Deal
The de-risking giants have sealed a major pan-Atlantic longevity transaction.
Newsmakers
American Failure
The 401(k) is hailed as the future, but it’s horribly flawed. A select few firms are trying to change that.
What Is Your Non-Asset Manager Doing for You?
Alpha, schmalpha—CIO looks at where you could really lose and gain money. And it's not your stock-picking.
When (Not) to Buy a Hedge Fund
Why it could pay to consult a calendar before committing to a hedge fund.
We’re Not ATMs, Pensions Warn Politicians
Dutch pension giants APG and PGGM have set out how European policymakers can get investor support for increased local investment.
U. California Hires Famed Risk Guru Rick Bookstaber
The Volcker Rule co-author and Bridgewater alum departs the US Treasury to become UC Regents' first chief risk officer.
Newsmakers
The Party Crasher
What happens when an inebriated and uninvited guest crashes CIO Summit New York? Things get messy.
Not as Stubborn as They Look
Textron’s CIO and Morgan Stanley’s Caitlin Long on the nitty-gritty of the hibernation-versus-termination debate.
ESG Momentum Tilt Shows Outperformance
MSCI research shows a momentum approach to ESG can prove fruitful.
Rallying the Iconoclasts
Former Philips Pensioenfonds CIO Lars Dijkstra talks priorities, success measurement, and how to get a seat at the 300 Club’s table.