In this paper MSCI’s Christopher Finger reviews the dynamics of the CDS-bond basis during the 2008 crisis and how it behaves in this new period of market distress.
DC should look to DB for improvement
The defined contribution-dominated Australian superannuation market could do well to borrow the investment philosophy of its defined benefit cousins to better accommodate an individually-targeted retirement income strategy, a new paper finds.
NYC pension funds demand tougher clawback provisions
New York City Comptroller John Liu has rallied NYC pension funds in a call for high profile firms JPMorgan, Goldman Sachs and Morgan Stanley to beef up clawback provisions for senior executives.
APG-backed hedge fund incubator expands
IMQubator, the emerging manager fund of funds backed by APG, will establish an international capital introduction network, as part of a plan to attract institutional investors in addition to the Dutch giant.
Emerging markets offer glimmer of hope in 2012
It seems all predictions for 2012 are predicated on the assumption that the mess in Europe doesn’t hit the global economic fan. But as money managers gaze into their crystal balls at what 2012 might hold, emerging markets, particularly Asia, seem a bright spot amid the gloom.
Investors’ climate summit
After a tentative agreement was achieved by global leaders in Durban in December more than 500 global investors will meet at the United Nations next week to discuss the investment needed to address climate change. The chief executive officers of CalPERS and CalSTRS, as well as the comptrollers of New York’s state and local public … Read more
