FDIC Asks Pension Funds to Step In
As the FDIC seeks cash, pension funds may be asked to help foot the
bill to rescue the banking system.
News
The Biggest Risk for DB Plan Sponsors: Interest Rates
A new survey from Aon Consulting outlines the most pressing
issues facing defined benefit plan sponsors in the US, Canada and the UK
over the next three years.
Oxford Endowment Chief: No to the Yale Model
After only seeing a 4%
decline in endowment assets during the Great Recession, Oxford endowment head
Sandra Robertson speaks out against the often-emulated Yale Model of
investment.
Worries Abound Over Changes to UK Accounting Standards
Proposed changes to international accounting standards may increase
reported pension costs and remove incentives to hold “risky” assets.
So Two Guys Walk Into a Subprime Conference in Vegas…
Book Review: Michael Lewis' latest -- and superb -- effort, "The Big Short." Review by Joe Flood.
SEC Ends Two-Year Inquiry Into Florida Pension Agency
The federal probe clears Florida’s money managers of wrongdoing,
without enforcement action recommended.
Plans Increasingly Consider Risk-Parity
Sources say the San Diego Country Employees Retirement Association is leveraging its fixed-income portfolio to create 'risk parity', continuing a trend among pension funds.
Asian SWFs Adjust Investment Strategies for 2010
The China Investment Corp, the Korea Investment Corp, and the Government of Singapore Investment Corp navigate a difficult economic climate.
Hermes on the Lookout for Long-Term Institutional Investors
Hermes opens its three commodities funds.
PIMCO Exec Mohamed El-Erian Discusses Key Issues in 2010
El-Erian told reporters: "We will go through a bumpy journey to get to this new normal and we do not how long it will last."
Australia’s SWF Turns to Timber
The Future Fund plans to include timber in its allocation to “tangible assets,” which to date have only included real estate and infrastructure.
Tough Times for Hedge Funds and Private Equity, EU Still Divided
Hedge funds and private equity firms face profit crunch, EU states still split on regulations in Europe, aimed at enforcing restrictions on the industry.
SWF Assets to Rise by End of 2012, With Shift Abroad
After total assets under management at SWFs declined 3% in 2009 to $3.8 trillion, a new report expects a rosy outlook ahead.
Study: Asia Becoming a Home for Asset Owners
According to the study by Cerulli Associates, Asia will most likely emerge as the largest asset management region in the world outside the US.
CalPERS May Cut Its Projected Rate-of-Return
The
giant pension fund’s potential decision to slash its rate of return
could force California governments to struggle paying millions more each
year to provide employees with pensions.