Jeremy Grantham's firm is allocating assets “with great difficulty,” he said while speaking at the 2015 Morningstar Investment Conference in Chicago on Wednesday.
June 25, 2015 | 11:07 am
A slight uptick in job gains for the second quarter did not persuade members of the Federal Open Market Committee to raise the federal funds rate.
June 17, 2015 | 04:01 pm
Pension funds, endowments, foundations and other asset owners — victims of manipulation of foreign exchange prices by four big banks and interest rate benchmarks by another — must demand...
June 01, 2015
The Securities and Exchange Commission is set to propose a requirement that mutual fund companies report how vulnerable their bond portfolios are to interest rate changes, said two people familiar...
May 20, 2015 | 11:37 am
The Federal Open Market Committee's decision to reaffirm the zero-to-0.25% target range for the federal funds rate at its April 28-29 meeting was based on weakening economic data, moving the path to...
May 20, 2015 | 03:29 pm
Penbridge Advisors, a pension risk transfer advisory firm, has launched its Pension Risk Transfer index, which measures the typical premium an insurance company would charge a generic defined benefit ...
May 18, 2015
Moody's Investors Service downgraded the city of Chicago's credit rating to Ba1 from Baa2 as a result of the Illinois Supreme Court's ruling May 8 that the Illinois pension reform law of 2013 is...
May 12, 2015 | 05:33 pm
Fed Chair Janet Yellen has stressed the importance of wage inflation in influencing the Federal Open Market Committee's decision to start raising interest rates. April's average hourly earnings for...
May 11, 2015 | 09:54 am
Members of the Federal Open Market Committee reaffirmed their view Wednesday that the current zero to 0.25% target range for the federal funds rate remains appropriate.
April 29, 2015 | 03:48 pm
Uncertainty about when the Federal Reserve will begin to consider raising interest rates is a continued distraction, but the U.S. does have some bright spots like real estate and housing, panelists...
April 28, 2015 | 04:50 pm
Funding ratios of U.S. corporate defined benefit plans fell further in the first quarter of 2015, three new reports state, as liabilities rose faster than assets.
April 20, 2015
We have each separately made the case that asset pricing theory and investment practice for funding retirement should focus on how much income the member has in retirement instead of the amount of...
April 16, 2015 | 12:07 pm
Credit portfolio managers are growing more optimistic about the credit outlook in Europe, while growing more pessimistic about the outlook in North America
April 16, 2015 | 08:00 am
PIMCO is selling in the U.S. government debt market, while Morgan Stanley says yields will rise.
April 13, 2015 | 10:52 am
The aggregate funded status of S&P 500 companies with defined benefit plans fell 120 basis points to 82% in the first quarter as liability growth outpaced assets, Aon Hewitt said.