Longevity has become a real headache for investors with liabilities to consider, but they may be working from the wrong numbers, new research suggests.
Researchers have condemned lax regulation for allowing US public pension funds to “camouflage” the real cost of benefits and take on potentially “reckless” risk.
The real growth of the asset management industry will come from wealthy individuals, predominantly from the emerging market area, research by Casey Quirk shows.
Institutional investors and employees are cutting off ties with FX Concepts, a currency hedge fund with around $2.9 billion under management, former employees tell aiCIO.
Smaller healthcare providers especially are holding too much cash and fixed income to make decent returns, according to a white paper from the Commonfund Institute.
Talented CIOs are excellent at allocating assets and securing returns, but few seem to be good at showing it to their boards. San Bernadino has begun outsourcing their performance reports, and CIO Don Pierce couldn't be happier about it.