Illinois Scheme Seeks to Enhance Sec-Lending Program
The Teachers’ Retirement System of Illinois is looking for external expertise in improving its current securities lending program in the wake of market volatility.
News
ADIA Cements Largest Sovereign Wealth Fund Status
Abu Dhabi Investment Authority has been ranked as the world’s largest sovereign wealth fund with roughly $627 billion of assets under management, a new report claims.
Pension Funds to Drop Derivatives?
Derivatives may become too costly and too complex for some pension funds to want to use, Towers Watson has warned.
Infrastructure Via LDI Framework Growing to Dominate Investor Activity
As high volatility pummels institutional investor portfolios, investors are increasingly seeking “global listed infrastructure” strategies for their Liability Driven Investing (LDI) framework.
Dutch Pension Manager Brings in New Risk Chief
PGGM appoints new Chief Risk Officer as Eurozone saga continues to play out.
Inside the Pension Fund of a Crumbling Bank and Beyond
The Profile: Martin Veasey, former Chief Investment Officer of the Halifax Bank of Scotland pension fund, is now looking to help funds navigate tricky economic markets.
CalSTRS to Diversify Through Infrastructure Investment
The California State Teachers' Retirement System (CalSTRS) is committing $500 million to infrastructure, reflecting a greater investment in public works projects and a heightened need for diversification.
Poll: Controlling Funding Volatility Ranks Top Investment Priority for Pension Plan Sponsors
A survey conducted by SEI has revealed the top 10 investment priorities for corporate defined benefit plan executives this year.
Deutsche Bank Warns on Emerging Markets, Poor Equity Returns in 2012
Avoid emerging markets and do not expect too much from equities, at least in the short-term, a major European bank tells investors.
Pension Funds Bring Class-Action Against E&Y Over Lehman
The Alameda County Employees’ Retirement Association has called for class-action status in a lawsuit with Lehman Brothers Holdings Inc.’s former auditor Ernst & Young.
Former World Bank Head Joins JP Morgan to Lead SWF Dialogue
JP Morgan Asset Management has added to its strategy group with Roberts Grava.
Bill Calls for Higher Contributions for Federal Employees, an End to 'Hypocrisy'
The House Oversight and Government Reform Committee is considering a bill that would push Federal employees, including members of Congress, to contribute 1.5% more toward their pensions.
Gabon Creates Latest Oil-Fueled SWF
Oil revenues are being tapped for the latest African SWF as Gabon follows other nations to capitalise on natural resource wealth.
Faster Longevity Improvements Threaten Schemes
Longevity improvements are on the increase more quickly than had been thought and could catch pension funds unprepared.
Paper Champions 'Dynamic Portfolio Construction' to Manage Risk
Portfolio performance can be enhanced across market environments using a dynamic portfolio construction framework, according to a new research paper.