Perpetual Monetary Easing: Problem Creator for Pension Plans
The shift has left some pension plans vulnerable to future shortfalls in liquidity.
Tag: risk
Asset Allocation
One-Fifth of CalPERS Equity Portfolio Faces Climate Change Risk
In inaugural report mandated by state, pension details four sectors in which climate change could affect its portfolio.
Exclusive: Exit Interview as Paul Ballard Says Goodbye to Texas Treasury Safekeeping Trust
His innovative approach to risk management leaves its mark: on his last day at the office before retiring, Ballard reflects on lessons learned at the $80 billion plan since 2003.
CalPERS, Wellington Launch Climate Risk Evaluation Framework
Guide aims to help firms assess, disclose climate change risks to their business.
Public Employees Being Asked to Bear More Pension Burden, Risks
More than 70% of states have raised employee contribution rates since 2009.
CalSTRS Investment Staff Wants Stock Reductions
The volatility of equity markets means CalSTRS staff wants to be less dependent on stock investments.
Asset Allocation
Ray Dalio Sees Investors Ill-Prepared to Weather Next Bear Market
Bridgewater superstar says a strategic asset mix will ‘distinguish the winners and losers’ in the next slump.
Investors Mixed on AI Helping, Replacing Jobs in 2025
Tech has low adoption, but Fidelity’s CIO says it’s ‘still early days.’
CalPERS CIO Orders Active Risk Review
Ted Eliopoulos wants to know whether the largest US pension system is being rewarded enough for its investment risk taking.
Asset Allocation
LDI Shines Bright
Borrowing to fund plans is trending with liability driven investing.
Skytop Strategies: Reflection on ESG Trends, Hurdles, Generating Alpha
Attendees provide insights on sustainable investing at ‘Generating Alpha’ conference.
Mercer: Companies Changing DB Funding, Risk Strategies Due to PBGC Premiums, Capital Markets
Nearly 80% of all respondents are now contributing more than the minimum level of funding to their DB plans, survey says.
LDI Struggle, CIO’s Leverage
When it comes to the leveraged, long-dated credit risk of liability driven investment (LDI) funds, banks will battle for their balance sheet.
Dodging the Outsourcing Minefield
Due diligence is not just corporate wallpaper: it's your insurance policy when you have to defend your outsourcing picks.
Strategy & Tactics: Are TDFs Ready for Private Equity?
It’s a discussion that will likely evoke a long debate: Is adding private equity, an asset class with a long record of generating high returns, to target-date funds (TDFs)...