Risk management news and video from Pensions & Investments
BofA: Managers more optimistic, moving back to higher-risk allocations
trueMoney managers are increasing their allocations to higher-risk assets and reducing their cash holdings amid higher growth and inflation expectations, Bank of America Merrill Lynch’s latest monthly fund manager survey found.
Maverick adds quant analysis to long/short equity strategy to improve returns
trueIt's rare to see the words quantitative and fundamental used simultaneously to describe the investment process of a long/short equity hedge fund strategy, but use of the terms has become commonplace at Maverick Capital Ltd., Dallas.
More Canadian DB plans looking at long-term objectives, raising alts allocations
trueNinety-three percent of Canadian public and corporate defined benefit plans had a long-term risk-management objective at the end of 2014, vs. 87% in 2013 and only 50% in 2009, said a survey by Aon Hewitt.
Los Angeles County Employees eyes risk parity, commodity searches in 2016
trueLos Angeles County Employees Retirement Association, Pasadena, Calif., selected an implementation plan for the new asset allocation it adopted a few months ago, said John McClelland, principal investment officer, real estate for the $46.7 billion pension fund in an email.
NEPC: Corporate plans revisiting LDI glidepaths in wake of new mortality rates
trueU.S. corporate pension plans are reconsidering their hedging glidepaths in their liability-driven investing strategies in the face of new mortality assumptions, said a survey from NEPC.
Institutional investor group calls on global banks to use climate change risk management
trueA group of 80 institutional investors urged Goldman Sachs Group, J.P. Morgan Chase and 59 other banks worldwide to align executive compensation with long-term climate risks goals as part of a series of recommendations on integrating climate risks into banking activities.
Busy quarter expected for pension risk transfer
trueCorporate pension plan sponsors are continuing to shed liabilities through lump-sum offers and group annuity purchases from insurers, leading some consultants to predict an eventful fourth quarter.
Hawaii Employees revamps asset allocation, eyes several searches
trueHawaii Employees’ Retirement System revised its target asset allocation with the addition of new asset classes and an increase to real estate, among other changes.
BofA: Money managers take risk off table in September; confidence in economy sinks
trueManagers’ confidence in the global economy dropped sharply in September amid continued concerns about the possibility of a Chinese recession and emerging market debt default, said Bank of America Merrill Lynch’s latest monthly fund manager survey.
Funded status volatility rises the most since 2011 in August
trueNISA Investment Advisors' Pension Surplus Risk index in August had its largest one-month increase since September 2011.
Take the money and run?
trueThe continuing rise in PBGC premiums and the eventual incorporation of new mortality tables into lump-sum calculation regulations in 2017 make these offers attractive for 2015 and likely 2016.
Meketa asset allocation proposals would slash CalSTRS domestic equity share
trueOne of two general investment consultants advising the California State Teachers' Retirement System on a new asset allocation is recommending a major downward shift in the allocation to U.S. equities while increasing emerging markets equities exposure.
Fitch: Longevity is biggest risk for U.K., German corporate pension funds
trueLongevity is a bigger risk for corporate pension funds in the U.K. and Germany than the effects of low interest rates, Fitch Ratings said.
Enterprise risk management needed in health care, Russell argues
trueOn top of all the other demands that non-profit hospital and health system executives juggle, enterprise risk management is an important but often overlooked part of constructing investment portfolios that should be added to the list, a research paper from Russell Investments says.
South Carolina looking for asset allocation and risk management investment officer
trueSouth Carolina Retirement System Investment Commission is searching for a senior investment officer-asset allocation and risk management.