Who Cares about Inflation?
Not many people it seems—there are greater pressures to deal with in the short term.
News
CalPERS Cashes in Carlyle Stake
After holding a 4% stake in the alternative asset manager for 12 years, the pension giant is taking its profits.
Insurers Are All Talk, No Action on Alternatives Allocation
European insurance CIOs claim they want to put 10% of their portfolio into satellite assets, but are dragging their heels on implementation.
Money for Nothing (and Fund Losses for Free)
How much are YOU paying your fund manager to underperform?
Wellcome Trust Appoints Former Hedge Fund Manager
Former head of Perry Capital London office joins the global charitable powerhouse.
Fitch Downgrades Illinois over Pensions Mess
Time ran out on a pensions deal, and a ratings agency didn’t like it.
Smoothing Framework Hits Dutch Coverage Ratios
A fall in the three-month average in interest rates has resulted in higher liabilities for Dutch schemes, putting them in the firing line of the regulator.
Beware the End of the Glide Path
Rising rates would hit the end people nearest retirement disproportionally hard, according to a Casey Quirk paper, as glide paths derisk approaching their target date.
Utility Rejects Second OMERS, USS, KIO Advance
Infrastructure is appealing, but investors have to be prepared to pay.
“A Difficult Year for ABP”
Europe’s largest pure-play pension, admits pensioners have been hit the hardest hit in 2013—and they could be again next year.
Fed to Plunder Public Pension to Manage Debt Ceiling. Again.
The Fed is forced to tap the large cash pool once again to avoid breaching its limits.
Last Chance Saloon in Illinois
…and then there was only one option on the table.
Controversial European Tax to be Watered Down
European Commission concedes compromise on Financial Transaction Tax is inevitable.
TIAA-CREF Escapes Shareholder Vote on Israel Divestment
A Palestinian activist group’s proposal to bar CREF from stock of companies involved in Israeli West Bank settlements does not have to go to proxy vote, the SEC has decided.
Japan Pension Ponders Nikkei-Boosting Game-Changer
Rumours of Japan's public pension fund - a pool of more than $1 trillion - is considering allowing investment in domestic stocks to grow with a rallying market.