Recommended For You
Based on your reading history and profile
A healthier way to de-risk
Defined-benefit funds all over the world are focused on de-risking but the amount of innovation and players to meet this demand is wanting. Until now. A new report by the Pensions Institute at the Cass Business School examines the emergence of medically enhanced, underwritten or enhanced, bulk buy-ins, in which trustees buy a bulk annuity
CN takes on tech in hunt for talent
Marlene Puffer, president and chief executive at the $18 billion pension fund for Canadian National, says the fund has some natural advantages in the hunt for talent.
Asset owners mull correlation and pricing risk
Investors at NEST, PGB and SWIB note the challenges of investing in a high inflationary market, particularly given inflation’s impact on the correlation between bonds and equities and discuss strategies for dealing with different environments including stagflation.
The bright and dark sides of PE
Analysis of institutional investor private equity allocations shows the differences in implementation styles and related costs are a key driver of a wide dispersion in private equity results. Researchers at CEM Benchmarking show that costs matter, a lot, in PE.
US congress challenges Bernanke on bankers’ performance pay
Federal officials in the US, including Federal Reserve chairman, Ben Bernanke, will receive letters from Congress in the next couple of days requesting documents about their knowledge of performance bonuses paid to Merrill Lynch executives just weeks before federal money was allocated to the bank’s merger with Bank of America.
European funds start rebalancing process
Pension funds in Europe are rebalancing their portfolios to reflect huge falls in equity markets as the financial crisis forces them to re-evaluate the relevance of their strategic asset allocation in the new market environment.
Pension funds should prioritise technology before growth
Pension funds positioning for growth should prioritise building technological capacity according to chair of Alberta Investment Management Company Mark Wiseman who led CPPIB through a significant growth period.
Quantifying labor and human rights portfolio risk
This paper, by senior research fellow at the Labor and Worklife Program at Harvard Law School, Aaron Bernstein, explores how pension funds can gather quantifiable, independently audited data on the risks posed by labor and human rights activities of global companies, that is analogous to financial information, and how investors can help facilitate the acceptance
Balancing act: Active management and sustainability
Since the dawn of sustainability investing, more than 15 years ago, the debate over the balancing act of active risk, tracking error and sustainability has persisted. This session looked the relationship and how various investors tackle the debate.
Research