Economy

U.K. agency seeks risk managers

By Thao Hua     November 17, 2009

Britain’s Asset Protection Agency issued an RFI for “a panel of risk and transaction advisory firms,” which can include money managers, to help manage a portfolio of high-risk debt...

Sharing fiscal stress in 17 syllables

November 16, 2009

The Peter G. Peterson Foundation feels your pain.

'Money manager capitalism' led to crisis, paper says

November 16, 2009

“Money manager capitalism” is the root cause of the current global financial crisis, according to a paper from the Levy Economics Institute of Bard College.

Lessons of the financial crisis

By Robert Pozen     November 2, 2009

What are the ramifications of the financial crisis for retirement investing? Let's begin by understanding the macroeconomic situation and then focus on specific investment strategies.

Lo thinks FDIC could fail

October 5, 2009

The FDIC might fail, requiring a federal bailout, dragged down by the failure of regional banks with substantial commercial mortgage debt, Andrew W. Lo warned.

Connecticut commits $150 million to PPIP funds

By Douglas Appell     October 5, 2009

Connecticut Retirement Plans and Trust Funds, Hartford, committed $100 million of its planned $200 million investment in the Public-Private Investment Program to a fund managed by Invesco and...

Deflation hawks: Economy to spiral downward

By Dan Jamieson     September 21, 2009

Deflation is working its way back into polite conversation.

September 15, 2009

At Deadline

August 10, 2009

Pension funds and other tax-exempt institutions would be required to pay taxes on gains from their investments in oil and gas commodities under legislation introduced by Sen. Ron Wyden, D-Ore.

State Street says its legal reserve might not be enough

By Douglas Appell     August 10, 2009

What’s left of State Street Corp.’s $625 million reserve might not be enough “to address legal exposure associated with the underperformance of certain fixed-income strategies...

Earnings get 2nd-quarter bounce

By Pia Sarkar     August 10, 2009

Most publicly held money managers posted higher-than-expected earnings in the second quarter, helped by the recent market rally.

Heeding the lessons of the economic bailout

By William R. Atwood     August 10, 2009

As I reflect on writing this commentary, I wonder who will read it. Unfortunately, half of Pensions & Investments' readers are distracted by meetings with various purveyors of investment products related to the Term Asset-Backed Security Loan Facility and the Public-Private Investment Program, and the other half seem to be busy bringing to market their own particular TALF- and PPIP-related platforms.

Ben scores points for crisis management

By Doug Halonen     August 10, 2009

When it comes to kudos for his response to the economic crisis, executives back Ben over Barack.

Mortgage market needs tougher standards

By Bruce I. Jacobs     August 10, 2009

The current financial market crisis has revealed the inadequacy of a system of patchwork regulations. We need a regulatory regime that is consistent across our large and integrated asset markets, one that can regulate financial products with a focus on their potential effects on systemic risk.

Today’s Markets

Webcasts

Emerging Markets Webcast

Tuesday, November 9, 2009

Cynthia Steer of Rogers Casey and George Hoguet from SSGA discuss the new asset class of choice - Emerging Markets

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Featured Web Seminars

Join Northern Trust experts in a conversation about monitoring and managing alternative asset risk in the context of today's market volatility and challenging liquidity environment.

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December 2, 2009 - 2:00 pm - 3:00 pm EST

Securities lending has emerged from the credit crisis with renewed focus on transparency and risk. Following increased review by regulators, the industry is preparing for further changes.

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Face to Face

111609 gray

Working the angles: Face to face with Roger Gray

The new CIO of USS discusses his plan to boost the pension fund's allocation to hedge funds and other alternative investments, taking cash out of public equities to fund the move to a "more liability-aware stance and a more diversified asset allocation."

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