Managing director for Rogerscasey and former CIO of the Kentucky Retirement Systems, Adam Tosh, looks at the pension challenges facing state and local governments.
CIC gets its money back from collapsed US cash trust
The China Investment Corporation has recovered all of its $5.3 billion invested in a US money market fund, the Primary Fund, which collapsed and suspended redemptions in 2008.
Climate change: addressing the major skeptic arguments
This paper by the Columbia Climate Center at the Earth Institute, Columbia University, and commissioned by DB Climate Change Advisors, examines the claims being made about climate change science. It higlights the importance of understanding the science in the context of a climate change investment thesis.
The oil spill from an investor’s perspective – not as bad
The BP oil spill in the Gulf of Mexico is not only the most devastating environmental disaster ever in the US, it raises issues around energy policies which continue to evolve. A client note from Russell Investments says energy stocks will continue to reflect the impact of the disaster and investors may well look at opportunities in companies involved in the clean-up effort or alternative energy supply.
Funds seed for the future
Two major pension funds from the Netherlands and Canada – ABP and OMERS – have seeded an innovation and technology program to invest in their domestic knowledge economies. Called inkef capital, it has already begun searching for the success stories of the future. 
Conservatism impedes behemoths
The largest 20 pension funds globally, which make up 39.2 per cent of the largest 300 funds, have underperformed the rest of the universe measured by the Towers Watson/Pensions & Investments survey for the first time. 
