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truePolicies vary when it comes to ESG, but some institutions are leading the way.
UPS is looking for smart beta to deliver
trueThe $28 billion United Parcel Service Inc. defined benefit plan has taken smart beta to a new level, allocating 40% of the equity portfolio to the alternatives to market-capitalization indexes.
Emerging markets debt is attracting investors again
trueEmerging markets debt, pummeled during last year's “taper tantrum,” is now tempting institutional investors back into the fold.
A few changes to P&I's Eddy Awards
trueNew rules, a revised menu of entry categories and a new venue mark the launch of the 2015 Eddy Awards.
Beefing up fiduciary oversight
trueInstitutional asset owners must make more of an effort to peel back the layers of complexity to deal with the fiduciary issues surrounding non-traded investments, including private equity and real estate.
Hong Kong fund is taking target-date approach to default option
trueHong Kong's Mandatory Provident Fund Scheme Authority is looking to push the envelope — gently — in devising the HK$519 billion (US$67 billion) defined contribution system's first standardized default investment option.
Credit Suisse: Institutions to ramp up hedge fund investments in second half of 2014
trueInstitutions intend to be more active hedge fund investors in the second half of 2014 than they were in the first.
ICI: 401(k) mutual fund fees continue to drop
trueAverage fees for equity mutual funds held in 401(k) accounts fell to 58 basis points last year, down five points from 2012, said a report by the Investment Company Institute published Monday.
DeAWM selects head of U.K., global head of insurance and pension solutions
trueRandy Brown was named managing director and head of the U.K. and global head of insurance and pension solutions at Deutsche Asset & Wealth Management.
Pension funds to benefit in Citigroup $7 billion settlement
trueState pension funds in California and Illinois are among the recipients of Citigroup Inc.'s $7 billion in fines and consumer relief to resolve government claims that it misled investors about the quality of mortgage-backed bonds sold before the financial crisis.
U.K. office forecasts pension age to rise to 70 in 50 years
trueU.K. citizens will not draw their state pension until the age of 70 by the year 2064, said the government's economic forecaster, the Office for Budget Responsibility.
Santander pegs £160 million for Hermes infrastructure fund
trueSantander (U.K.) Common Investment Fund, Manchester, England, committed an initial £160 million ($274.1 million) to the Hermes GPE Infrastructure Fund.
Baltimore mayor proposes hybrid plan for new police, fire employees
trueNewly hired Baltimore police and fire employees would have a hybrid defined benefit/defined contribution plan under a proposal introduced by Mayor Stephanie Rawlings-Blake.
PPF's new strategy boosts illiquid assets
truePension Protection Fund, London, has created a hybrid asset allocation strategy, with increased investment in illiquid assets with hedging characteristics.
Co-investments: More bang for your buck
truePrivate equity has been producing superior risk-adjusted returns, enticing investors to look no further than the asset class to get more bang for their buck. And, private equity fund sponsors are capitalizing on this to convince investors to put more dollars behind them. The strategy which is ...