Tail Hedging Leaves DC Plans Poor, Not Protected, Study Finds
Even DC investors approaching retirement in 2008 would have been better to ride out that market than blunt decades of returns by paying to hedge tail risk, according to researchers.
News
Florida Lawmakers to DB Plan: I'm Just Not That Into You
A bill to close Florida's massive defined benefit pension plan to new members will soon go before state lawmakers--some of whom have put 'Pension Reform' high on their 2013 to-do lists.
The Hottest Club Around: The Pension World’s $20B Club
Five or six corporations crossed the $20 billion pension liability threshold in 2012, according to Russell research, including 3M, Johnson & Johnson, Delta Airlines, and Federal Express.
Charity Insures Pension as Liabilities Pull Others Under
Without a sponsor who can come up with the cash for contributions, charity pensions are feeling the heat.
Are Say-on-Pay Votes Worth It?
Shareholders are demanding a tighter control over executive pay packets, but do their efforts actually work?
The Wrong Sort of Re-Risking?
Investors have been adding to their risk profiles, but markets have been “dialling up” some of their own.
Investors Take Aim to Avert Disney’s “Tragic Kingdom”
Something is rotten in the State of Disney, a group of investors say - and they want it sorted out.
Redefining Hedge Funds
Institutional investors are increasingly rehoming hedge funds from the ‘alternatives’ bucket into asset classes based on their exposures, J.P. Morgan has found.
SEC Charges New Stream Hedge Fund Managers with Fraud
The co-owners of New Stream Capital allegedly restructured the fund to prevent its collapse without informing all of its investors.
Hyper Activity Is Costing Large US Public Plans, Scholars Say
Large US public pensions are, on average, making alpha—but could be making more if they shifted a greater portion of their portfolios to passive investments, researchers say.
Emerging Markets: Cheap or Good Value?
There is a difference between “cheap” and “good value” – which best describes the current state of emerging markets?
On Muckraking
From aiCIO Magazine's February issue: In his editor's letter, Kip McDaniel discusses the choice to write news that may cause trouble.
What Price Illiquidity?
From aiCIO Magazine's February issue: Taking on, and getting paid, for illiquidity. Elizabeth Pfeuti reports.
Boeing Opens Up
From aiCIO Magazine's February issue: Paula Vasan on how Boeing is getting pension-conscious in its financial reporting.
Timberrrrrrr
From aiCIO Magazine's February issue: Paula Vasan reports on the lure of a New Zealand forest.