Table of Contents

Issue Date: Monday, October 15, 2012

News

Small-cap managers face headwinds going global

Small-cap managers face headwinds going global

Just as investors needed to diversify their equity portfolio overseas, they're now beginning to shed their home bias when it comes to small-cap equity strategies.

Financial industry dollars flow to Republicans in about-face

Financial industry dollars flow to Republicans in about-face

Money managers and others in financial services have shifted their support in the presidential election to Mitt Romney, after backing Barack Obama four years ago.

Lump-sum payouts moving into fast lane

Lump-sum payouts moving into fast lane

GM and Ford were the first to venture down the road of lump-sum payments, but the federal highway bill has turned that road into an expressway with at least 10 other companies following suit.

Hedge fund replication strategies offer cheaper option

Hedge fund replication strategies offer cheaper option

The next big thing in hedge fund investment won't be a hedge fund: it will be a replica.

Vanguard ETF index switch could help BlackRock

Vanguard ETF index switch could help BlackRock

The biggest winner in The Vanguard Group's move to reduce costs by switching to two lower-priced index providers for 22 of its exchange-traded funds could be its competitor, BlackRock Inc.

MetLife goes with what it knows for new institutional business

MetLife goes with what it knows for new institutional business

MetLife Inc.'s return to the institutional money management business through its experience in real estate, mortgages and private placement are areas that consultants and MetLife's Steven Goulart, executive vice president and chief investment officer, agree are seeing increased investor interest.

Private equity's rush to invest in China could backfire

Private equity's rush to invest in China could backfire

The rush into private equity in China is destabilizing the market and could result in lower returns, smaller inflows and fewer managers staying in business.

Money managers investing on the high seas

Money managers investing on the high seas

For alternative investment managers, it's full-steam ahead into maritime investments, for everything from shipping companies to port development.

DC plan participants don't understand risks and allocations

DC plan participants don't understand risks and allocations

Many defined contribution plan participants are investing without fully understanding investment option risks and asset allocation strategies, while not paying much attention to education tools offered by sponsors, new surveys show.

U.K. automatic enrollment surge not a sure thing

As British employers began automatically enrolling an estimated 10 million workers into defined contribution plans in early October, money managers with U.K. operations were seeing more question marks than dollar or pound signs.

Risk levels decline despite world full of worries

Risk levels across the board have dropped for both the third quarter and year ended Sept. 30, according to data from Axioma Inc.

ERISA cases await Supreme Court review

ERISA cases await Supreme Court review

A U.S. Supreme Court decision on whether to accept for review two ERISA cases could lead to a rush of participant lawsuits over company stock investment options in 401(k) plans.

Special Report

Real estate investment managers directory: 2012

Top real estate money managers' total worldwide assets under management worldwide increased to 11.7% due to appreciation, acquisitions; institutional tax-exempt assets up 8.9%.

Frontlines

Editorial

Rescue is no way out pension plan underfunding

Rescue is no way out pension plan underfunding

Pension fund executives were among leaders in the effort to reform the financial system and end the doctrine of too big to fail. Yet, some pension funds themselves have come to be seen by some as too big to fail, and have become the subjects of potential bailouts.

Letters to the Editor

People Moves

Face to Face

Blackstone's Schwarzman doesn't let celebrity interefere with his job

Blackstone's Schwarzman doesn't let celebrity interefere with his job

Blackstone's chairman and CEO Stephen A. Schwarzman isn't letting his celebrity interfere with his main mission — continuing at the helm of his alternative investment management firm.