Principal at Mercer, Craig Rosenthal, was among the witnesses who gave testimony to the US House of Representatives Committee On Ways and Means, under the hearing “Defined Benefit Pension Plan Funding Levels and Investment Advice Rules” on October 1.
His testimony included findings of new Mercer analysis of data from 874 clients’ defined benefit plans. The analysis by Mercer’s US pension actuaries, including estimated 2009 required contributions and credit balances, is detailed here.
mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Sweden’s largest pension fund, the $126 billion Alecta, has spent much of the last year continuing to work on improving governance, risk management, competence and culture in the wake of a $2 billion loss in 2023 attributable to investments in US regional banks, including Silicon Valley Bank, turning sour.
After 18 years working with Japan’s leading pension funds and asset managers Chris Battaglia, president of the Global Fiduciary Symposium in Japan, is well placed to observe the pressures on the country’s retirement system and observes its evolution. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
グローバル・フィデューシャリー・シンポジウム代表を務めるクリス・バッタリア氏は、日本の大手年金基金や資産運用会社と18年間仕事をする中で、日本の退職金制度の課題、その進化を観察してきた。 mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Former Federal Reserve governor Randall Kroszner argues crypto assets are mislabelled as “currencies”, and said digital currencies like China’s digital Renminbi could one day challenge the primacy of the US dollar, in a wide-ranging conversation.
This session drew on themes of the conference and discuss with asset owners what the portfolios of the future will look like, particularly examining how investors plan to build robust portfolios to meet changing investment regimes.
Conexus Financial, publisher of Top1000funds.com, further cements its position as a global influencer with the appointment of Fiona Reynolds as chief executive.
Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.
The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.
Top1000funds.com is read by investment professionals in more than 40 countries.
Leave a Comment
You must be logged in to post a comment.
Login