Opinion

  1. Momentum building on climate risk

    trueCorporate, fiduciary trust and securities laws are emerging as critical drivers of action on climate change by asset owners and other institutional investors.

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  1. Undoing ill-advised guidance to improve fiduciary standards

    trueHow the Department of Labor interprets fiduciary duty is getting a lot of attention these days.

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  2. FX scandal's lessons for asset owners

    trueThe forex manipulation scandal involving major global banks demonstrates that at their core, currency conversions are significant drivers of value that must be carefully managed.

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  3. Skeptics on Japan's corporate reform beware

    trueAs we are witnessing in the current earnings season, news from Japan is turning increasingly positive. In fact Japanese corporate profit margins have recently surged to historical highs and are now nearly double their levels from 10 years ago, long before Abenomics began.

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  4. Pension funds must pay up

    trueRecent moves by the Florida State Board of Administration and the New York City Retirement Systems to adopt new compensation plans to raise the pay of investment professionals on staff recognize the constant challenge public pension funds have in competing with the private sector to attract and ...

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  5. Inning 4 of 'Pay the Shareholder': A cyclical opportunity for hedge fund managers

    trueThe current “pay the shareholder” regime, which began in earnest in early 2014, is a tremendous cyclical opportunity for hedge fund managers.

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  6. Guiding DC participants with a simplified menu

    trueMost participants in defined contribution plans are not on track to achieve retirement income adequacy. A key reason is that the investment lineups in most DC plans are structured in a way that reduces participants' likelihood of implementing well-diversified and age-appropriate investment ...

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  7. Loyalty rewards: A better fee structure for all

    trueHedge funds have not met pension plan clients' actuarial assumed rates of return.net of fees in the challenging zero-interest-rate policy environment, despite generally producing returns since the financial crisis that met investor expectations gross of fees. One outcome has been an outcry from ...

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  8. Private equity liquidity: Trickling down or bubbling up?

    trueA recent announcement by the chief investment officer of the California Public Employees' Retirement System is shining a bright light on increasing liquidity in the private equity market.

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  9. Putting a value on dollar appetite for U.S. pension executives

    trueCurrency markets have been very volatile in the past year, with the U.S. dollar exhibiting its strongest rally on a trade-weighted basis in over 10 years. For U.S. pension executives with substantial international investment portfolio exposures, the key question is whether this rally is in its ...

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  10. Opening up private equity fees

    truePrivate equity has come under renewed scrutiny over the issue of fees and transparency.

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  11. Plan sponsors must face up to Tibble ruling

    trueThe U.S. Supreme Court's decision in Glenn Tibble et al. vs. Edison International et al. could lead sponsors of defined contribution plans to take extreme actions ranging from cutting back on investment fund options to abandoning plans altogether to avoid litigation risk. Both extremes would be a ...

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  12. New best practice threshold for endowments, foundations

    trueA few decades ago, endowments and foundations were rarely in the public spotlight for reasons other than their core mission. Now, they are in the glare — a harsh one, sometimes — of regulators, watchdogs, media and constituents.

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  13. Releasing the third arrow

    trueRatification of the Trans Pacific Partnership will present sustained opportunities for foreign asset managers to capitalize on a resurgent Japan.

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