Table of Contents

Issue Date: Monday, March 23, 2015

News

Broader SIFI designation has managers scrambling

Broader SIFI designation has managers scrambling

A number of large, global money managers are at risk of increased costs and competitive disadvantage if current proposals by global regulators to categorize them as systemically important financial institutions come to fruition.

Global turmoil creates strategic opportunity

Global turmoil creates strategic opportunity

Geopolitical tensions from the rise of ISIS to Russian aggression present what one consultant calls a global instability premium that could drive strategic institutional investment allocations to non-U.S. assets.

San Diego County pension fund suffers new shock

San Diego County pension fund suffers new shock

Already seeking a CIO, CFO and a general counsel, the San Diego County Employees Retirement Association now is without a CEO after Brian White abruptly quit last week.

Strong dollar highlights desire for currency hedging

Currency-hedged ETFs are as hot as the dollar.

Cross-border PE deals on the rise in Asia

Cross-border PE deals on the rise in Asia

Private equity investments that hinge on expanding a target company's geographic footprint as a key to adding value will be a bigger focus for the latest crop of funds being raised for deployment in Asia.

Litigation heavy on minds of defined contribution execs

Litigation heavy on minds of defined contribution execs

Defined contribution plan executives are as concerned about litigation as they are about failing to meet their participants' retirement goals, investment consultants revealed in a survey by Pacific Investment Management Co. LLC, Newport Beach, Calif.

Consolidation of boutiques paying off for Allianz GI

Consolidation of boutiques paying off for Allianz GI

Merging Allianz Global Investors' stable of boutique managers into a single unit that can more readily offer multiasset and other investment strategies has moved asset flows that were flat or negative into positive territory.

Who is leading in DC innovation? P&I wants to know their names

Who is leading in DC innovation? P&I wants to know their names

Pensions & Investments and the Defined Contribution Institutional Investment Association are seeking to identify and honor defined contribution plan executives who are advocating for — and doing the most to accomplish — changes in their plans that improve participants' retirement outcomes.

Loss of market makers may lead to buy-and-hold strategies

Loss of market makers may lead to buy-and-hold strategies

Corporate fixed-income investing is becoming a buy-and-hold market, as the reduction of traditional market makers and the resulting loss in inventory make active trading strategies more risky.

Advocates push for more multiemployer reform

Advocates push for more multiemployer reform

Multiemployer pension reform advocates continue to pursue what they consider a critical missing piece in new legislation: a regulatory green light to do more alternative plan designs.

Calvert focusing on DC plans in bid to boost institutional business

Calvert focusing on DC plans in bid to boost institutional business

More emphasis on corporate defined contribution plans is part of the growth strategy of Calvert Investments Inc. under new President and CEO John Streur.

Norway's Government Pension Fund is on top of the world

A glance at the largest sovereign wealth fund – Norway's Government Pension Fund Global.

Boards behaving badly

Incidences of board members at public pension plans misbehaving are on the rise.

SIFI designation could increase innovation, too

While the categorization of certain large, global money managers and some investment funds as systemically important financial institutions might increase costs, it also could increase innovation in the industry.

Special Report

Pension risk transfer special report

Funding woes, recession and new regulations have DB executives on mission to unload risk.

Online

Frontlines

Editorial

A judge's call for 401(k)s

A judge's call for 401(k)s

The federal judge who oversaw the Detroit bankruptcy case, Steven W. Rhodes, has offered a blunt assessment of the future of public retirement systems, calling for officials to consider moving to defined contribution plans.

Letters to the Editor

People Moves