If Tony Broccardo, head of Oak Pensions Asset Management, the investment arm of the £23-billion ($35.6-billion) pension fund for employees of London-headquartered bank, Barclays, wasn’t a fund manager he would have been an architect. But Broccardo has applied similar skills of stress testing, planning and making something structurally secure to the return-seeking fund, one of […]
Sarah RundellFebruary 20, 2013
Managing surplus risk enables pension plans and endowments to align their asset allocations with their future obligations. Market Insight:Analyzing Hedges for Liability-Driven Investors seeks to better understand the drivers of surplus risk and to analyse the potentially subtle impact of specific hedges. In Goldberg and Kim’s case study, a term-structure hedge using an interest-rate swap […]
Despite recent volatility in equity markets, pension plans looking to transition to a liability-matched investment portfolio need to be proactive to mitigate the risk associated with the move, a US-based consultant has advised.
SAM RILEYJuly 13, 2011
Pension funds had diversified into alternatives at the wrong time, CREATE’s chief executive, Professor Amin Rajin said, claiming pension funds were taking too long in their decision-making to make the most of opportunities available.
MIRANDA WARDFebruary 8, 2011