Table of Contents

Issue Date: Monday, May 26, 2014

News

United Technologies puts final touches on 401(k) plan overhaul

United Technologies puts final touches on 401(k) plan overhaul

United Technologies this week will introduce two core options in its 401(k) plans that are designed to reduce portfolio volatility and address the impact of inflation.

Corporate pension plans slow to adopt derisking

Corporate pension plans slow to adopt derisking

Many corporations have not moved to derisk their pension plans, leaving them vulnerable to widening funding deficits if equity markets and interest rates decline, according to asset management strategists.

Money managers put financial crisis behind them

Money managers put financial crisis behind them

U.S. institutional tax-exempt assets under management by the largest 500 managers reached $13.22 trillion at year-end 2013. That 13.9% gain finally put the assets above the pre-financial crisis peak of $12.42 trillion at year-end 2007.

MSCI revision alters frontier markets' makeup

MSCI revision alters frontier markets' makeup

Institutional investors' exposure to emerging markets and frontier markets is set for big changes following the reclassification of two Middle Eastern countries by MSCI Inc.

ETF returns more than just indexes, expense ratios

If recent regulatory filings are any indication, large exchange-traded fund transactions are increasingly commonplace among North America's largest pension funds and endowments. Yet, for any holding period, returns can be significantly influenced by factors beyond the index return and the expense ratio.

Event-driven strategies are shining this year

Event-driven strategies are shining this year

Event-driven hedge fund managers expect big opportunity — and big profits — in the growing level of merger, acquisition and other corporate activity this year.

Theories rife over prospects for LSE-Russell deal

Theories rife over prospects for LSE-Russell deal

Speculation abounds that the London Stock Exchange Group PLC is on the verge of making the biggest acquisition in its 213-year history with a potential deal to buy Russell Investments, allowing the LSE to gain a bigger U.S. foothold.

Urban real estate investing is back with a new name, look

Urban real estate investing is back with a new name, look

Urban investing — real estate investments made in densely populated, ethnically diverse communities — is making a comeback, but under new names such as impact, millennial or hipster investing.

Money managers remaining vigilant against FSOC

Money managers remaining vigilant against FSOC

Money managers watching the Financial Stability Oversight Council grapple with systemic risk breathed more easily after being given a chance at a recent Washington conference to explain what they do. Still, they're not letting down their guard or putting away potential weapons just yet.

Executives split over possible pension risk transfer crunch

Executives split over possible pension risk transfer crunch

A growing number of large pension risk transfer deals in the U.K. and U.S., coupled with an anticipated influx of deals across both markets, have left industry executives split over the potential for a capacity crunch.

Deadlines extended for P&I projects

Deadlines extended for P&I projects

Deadlines for registering for Best Places to Work in Money Management and the Innovator Awards have been extended.

AustralianSuper's growth putting pressure on infrastructure firm IFM

AustralianSuper's growth putting pressure on infrastructure firm IFM

The deep alignment of interests that IFM Investors Pty Ltd. has long maintained it shares with its superannuation fund owners might be fraying.

Pensions rule changes to increase market capacity

Pensions rule changes to increase market capacity

While executives working in the risk transfer market argue over whether a capacity crunch is approaching, they agree on one thing: Recent changes to the U.K. pensions market could encourage new players to the bulk annuity market.

Other options in revamped UTC 401(k) lineup

In addition to the inflation-sensitive assets option and multimarket risk-parity option added to United Technologies Corp.'s investment lineup, here's a look at the rest of the menu for the companies' two 401(k) plans.

Savvier investors taking bigger role with managers

Savvier investors taking bigger role with managers

Institutional investors increasingly have been demanding both more transparency and more of a dialogue over how their assets are being invested and portfolios are being constructed and the pace at which asset owners want more of a dialogue with their asset managers is continuing to rise.

Special Report

Online

Frontlines

Editorial

The advancement of a bad idea

The advancement of a bad idea

Eleven member countries of the European Commission are planning to introduce a financial transactions tax in 2016. If it takes effect as planned, the tax could cost pension funds, not only in Europe but also in North America, billions of dollars every year.

Other Views

TVA falls through cracks as plan funding deteriorates

TVA falls through cracks as plan funding deteriorates

With widespread improvements in pension plan funded levels reported for U.S. corporations, it was alarming to learn the Tennessee Valley Authority's pension plan was only 63% funded at the end of its fiscal year Sept. 30.

Letters to the Editor