Editor-in-Chief: Of Covers and Men
From aiCIO's December Issue: People like reading about people. Issues matter, organizations matter, but people--that's what everyone wants to read about, says Kip McDaniel.
News
First There Was the Libor Scandal…
...now the European lending rate is under fire from regulators.
Where Was Risk Best Rewarded in 2012?
We know “high risk” does not always equal “high return”, but where have risk-aware investors been the best compensated in 2012?
Performance-Linked Pay: A Win for Private Equity Investors
Private equity investors whose remuneration is tied to the performance of their portfolios have achieved significantly higher returns than their peers over the last five years, according to Coller Capital.
Verizon/Prudential Pension-Risk Transfer Survives Court Challenge
A lawsuit from a small number of Verizon retirees will not stop the $7.5 billion transaction, a Dallas court ruled today.
European Rate Cut Could Add to Investor Woe
The European Central bank is pondering a rate cut - it could hit institutional investors in the pocket.
Verizon, Prudential: Annuities 'At Least' as Safe as DB Pensions
Verizon, which is being sued by retirees to block its pension-risk transfer to Prudential, argues members will be better protected if the deal closes.
Irish Pension Fund to Boost Country's Businesses
The Irish fund earmarked for state pensions is to be plundered to help strengthen the national economy.
Muted Welcome for UK Pension ‘Smoothing’ Proposals
Corporate pension funds in the UK might have a reprieve from asset and liability volatility.
Kentucky = Worst-Funded Public Pension in US
Move over Illinois: The Kentucky Retirement System reported a funding ratio of 24.5% today, according to a former trustee.
Corporations Heading for Record Pension Deficit
Aggregate deficit has grown by roughly $124 billion thus far in 2012, according to consulting firm Mercer Investment Consulting.
Yale Style: More Exclusive Than Ever
The financial crisis left many endowment-style investors smarting—and reevaluating their model—according to two of State Street’s top researchers.
Hedge Funds: Victims of the Financial Crisis, or Not?
An academic paper aims to investigate the prevalence of liquidity shocks and fire sales among hedge funds.
California Gov. Calls to Pensions, SWFs, Endowments for High-Speed Rail
In what could become the most expensive public-works project in US history, California Governor Jerry Brown is seeking support from institutional investors to build a bullet train linking some of the largest cities.
Can Investors Get High Returns From Marijuana?
A new commodity may be about to find a place in investment portfolios – how high can returns on marijuana go?