Some sort of shape is starting to take place, post-global crisis, as to how the biggest, longest-term investors are spending their money. If the endowment model was the one to follow for the past 20 years, the sovereign wealth fund model may be the one to follow for the next. (more…)

The Netherlands, Switzerland and Sweden were ranked the top three countries for their pension systems in the second annual study which rated adequacy, sustainability and integrity of both public and private pensions around the world. (more…)
Senior economist, supervisory strategy at De Nederlandsche Bank, Dirk Broeders, has completed research which calculates an explicit formula for risk sharing by pension funds. (more…)

The superannuation industry’s promise to deliver steady investment returns over the long-term is unnecessarily compromised by funds’ need to maintain a high level of liquidity. (more…)
This survey-based study describes how large global funds manage investment risk from strategy to implementation.

Most public sector pension funds are subject to some sort of political interference, notwithstanding the best efforts of fund trustees and staff. Few, however, can rival the experience of America’s third-largest fund, the New York State Common Retirement Fund. (more…)