Despite the growing drumbeat in Washington to stimulate more retirement savings, the prospect for real change is dim, and retirement plan sponsors are braced for more bad news from Congress and the White House.
The Asia-Pacific region has been the weak link in BlackRock Inc.'s global growth story in recent years, leading some market veterans to conclude the New York-based giant has yet to find a formula for success there.
Money managers are expanding their private equity secondary market investments to include infrastructure, real estate, energy and timber, ahead of what they expect to be a growing investment opportunity.
Exposure to companies with extensive fossil fuel reserves and companies with high carbon emissions ranks as the top concern among trends in environmental, social and governance issues, driving pension funds to examine the risks and to craft responses.
Principal Financial Group Inc. claimed 18% of its operating profit from money management operations in Latin America in 2013, the result of a series of bold moves in a treacherous market where few other global managers have found success.
Defined contribution plan executives are adding more passively managed equity investment options to their plans' lineups, moving beyond domestic large-capitalization equity index funds such as those that mirror the Standard & Poor's 500 stock index.
Pensions & Investments is launching a conference, taking place this summer, that opens a long-needed debate about the long-term future of retirement worldwide, covering the most critical issues facing retirement plan executives.
A shift to quantitative investment strategies, including indexing, has lowered the bar for market-validated manager track records, specifically for just-in-time exchange-traded products that address acute concerns like duration risk, credit risk or currency exposure.
High-yield strategies, along with ultrashort-duration strategies, dominated the list of top-performing fixed-income managers for the year ended Dec. 31, according to Morningstar Inc.'s separate account/collective trust database.
Small-cap stocks, particularly growth strategies, dominated the best-performing domestic equity strategies for the year ended Dec. 31, according to Morningstar Inc.'s separate account/collective investment trust database.
An improvement in defined benefit plan funding has triggered a tension within corporations between an investment outlook to pursue rising equity markets and risk management in pursuit of better asset-liability matching in spite of low interest rates, said Michael A. Moran, pension strategist, Goldman Sachs Asset Management LP, New York.
With Mary Jo White now leading the Securities and Exchange Commission, senior executives of investment management firm and officials of fiduciary fund boards as well as compliance professionals alike should recognize the need to step up their game to avoid a potential run-in with the new cop on the beat.