MICHAEL BAILEY

New York’s State Comptroller, Thomas DiNapoli, has hinted the constitutionality of legislation to create a board of trustees for the State’s Common Retirement Fund may be challenged.

There is a fundamental disconnect emerging between fiduciaries, and their underlying ‘real’ investors, on whether deflation or inflation is the prevailing investment theme, according to political and policy consultant Pippa Malmgrem, who spoke with Michael Bailey about why the prevailing model of strategic asset allocation has to change.

In a sign of the paranoid times, huge Dutch pension administrator Mn Services has installed a collateral management offering, which forms part of a counterparty risk management suite tailored for this environment by Omgeo.