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.
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Securities watchdog, the International Organization of Securities Commissions (IOSCO), has revamped its structure to better identify market risks and develop regulatory standards for capital markets.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
A discussion paper by APG’s Roderick Molenaar, and Tilburg University’s Kim Peijnenburg and Eduard Ponds, looks at whether a low funding ratio of a pension fund can creative incentives for individuals to leave this fund. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
It’s not until you’re actually in the country that the real depth of the funding problem in US state pension plans becomes clear, as does the truly arduous environments that the investment professionals at those funds are operating within.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
In contrast to the standard paradigm about momentum and reversal in markets being caused by agents reacting wrongly, new research shows that these phenomena can arise in markets with rational agents.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
Unfortunately, from a journalist’s point of view at least, there is nothing new or radical about the investment principles that president and head of research at Callan, Greg Allen (pictured), is touting. He says investors should stick with the status quo of long-term, stable strategic asset allocation regardless of the recent market turmoil challenging investors.mrec4inarticleinline
CalPERS will implement a new RFP process for global equities, which is more consistent with the transformation of its global equities portfolio and the desire to assess every strategy, than its current Spring Fed Pool system, Eric Baggesen, senior investment officer of global equities said.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3
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