Risk management news and video from Pensions & Investments
Rerisking without regret
trueWith new actuarial tables threatening lower funding status, pension investors should consider reversing the course of de-risking embedded in their glide paths and increasing their allocation to return-seeking assets.
Penbridge and P-Solve form alliance for risk transfer services
truePenbridge Advisors and P-Solve announced on Monday a strategic alliance to provide pension risk transfer services for U.S. corporate defined benefit pension plans.
Managers pessimistic on credit defaults, survey finds
trueCredit portfolio managers are more pessimistic about the outlook for credit defaults in the next 12 months but see stable credit spreads in North America and tighter spreads in Europe over the next three months
Lower equity return forecast will increase risk taking, manager warns
trueInvestors will step up risk in their portfolios in response to an expectation of low rates of return in equities forecast for the next 10 years, Charles S. Bath said Tuesday at the CFA Institute financial analysts seminar in Chicago.
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.
Risk from liquidity to regulation a concern for investment execs
trueMoney managers and asset owners are wrestling with how to help employees manage their investments to provide adequate retirement income in a defined-contribution-dominated world, said speakers at Pensions & Investments' Investment Innovation & the Global Future of Retirement conference, held in New ...
Lump-sum payments, buyouts popular trends among plans derisking
trueLump-sum payments and buyouts are growing trends with employers looking to derisk their pension funds, said Peter Austin, head of fixed-income solutions at T. Rowe Price Group, at Pensions & Investments' Investment Innovation and the Global Future of Retirement conference in New York on Tuesday.
Pioneers in performance, risk measurement feted
trueHarry M. Markowitz, William F. Sharpe and Eugene F. Fama — all Nobel laureates in economics — are among the inductees into the Performance and Risk Measurement Hall of Fame.
Is it time for public plans to embrace an LDI approach?
trueOver the better part of the past decade, corporate defined benefit plans have adopted liability-driven investing, while their public plan counterparts have largely ignored this investment approach.
BofA: Money managers becoming less risk averse
trueFund managers are reducing cash holdings and becoming less risk averse due to high liquidity and a fairly optimistic economic outlook, said Bank of America Merrill Lynch's monthly fund manager survey.
NAPF identifies 3 improvements that would help pension funds derisk
trueNational Association of Pension Funds called for increased issuance of index-linked gilts by the government, better availability of alternative inflation-matching assets and a framework for more flexible defined benefit provisions when it comes to requirements of these plans as sponsors grapple ...
Shared-risk plan concept is gaining momentum
trueOfficials in nearly every state are considering implementing shared-risk public pension plan designs that help mitigate funded status volatility and investment and longevity risks.
Money managers remaining vigilant against FSOC
trueMoney managers watching the Financial Stability Oversight Council grapple with systemic risk breathed more easily after being given a chance at a recent Washington conference to explain what they do. Still, they're not letting down their guard or putting away potential weapons just yet.
Netting risk not widely understood
trueNetting risk anywhere is a threat to returns everywhere.
3 win AQR Insight Awards for high-frequency trading paper
trueThree academics were named co-winners of the $100,000 prize in AQR Capital Management's Insight Awards, for their paper on market dynamics and structure in an era of high-frequency trading, outdoing four other finalist papers, including one co-authored by a Nobel laureate.