Table of Contents

Issue Date: Monday, May 1, 2017

News

Some money managers plan now for recession later

MONEY MANAGEMENT

MONEY MANAGEMENT

Alternative money managers are factoring in an economic downturn — in as few as three years — into investment decisions.
CalSTRS considering new engagement push
CalSTRS is considering its own activist investment program to improve management, profitability and stock prices of selected companies.
Midsized firms feeling squeeze in a landscape of big and small

MONEY MANAGEMENT

MONEY MANAGEMENT

Fewer clients, a low-return environment and increased regulatory costs are creating an increasingly challenging environment for mid-sized asset managers.
Updated mortality tables are raising concerns

DEFINED BENEFIT

DEFINED BENEFIT

The IRS hopes to finalize new mortality tables by 2018. If it stays on track, corporate pension plan sponsors will see a 2.9% jump in liabilities next year.
More governments eyeing sovereign wealth funds

DEFINED BENEFIT

DEFINED BENEFIT

Despite differing investment objectives, a move into alternatives may foster opportunities for money managers to play a role in asset management.
Trump's first 100 days — what has changed?

MONEY MANAGEMENT

MONEY MANAGEMENT

With the new administration hitting its first 100 days, P&I goes back to sources to gauge opinions about President Donald Trump's policies.
European funds still seeing U.S. real estate market as place to be

ALTERNATIVES

ALTERNATIVES

European pension funds continue to increase allocations to U.S. real estate, seeking to diversify and hunt down yield that remains scarce domestically.

MONEY MANAGEMENT

MONEY MANAGEMENT

Many industry participants believe fixed-income ETFs represent the greatest opportunity for growth across the ETF ecosystem.
Sometimes, being big or small is the real problem

MONEY MANAGEMENT

MONEY MANAGEMENT

While midsized money managers might be struggling with myriad pressures, some say being midsized has many benefits over boutique and larger firms.
Institutions at odds with retail over SEC's Order Protection Rule

TRADING

TRADING

Many traders think the Order Protection Rule should go, but some see value in directing trades to exchanges based on the best price.
Pensions & Investments' Best Places to Work in Money Management program is now open.

Special Report

Canadian DC plans
DC retirement plan executives and service providers in Canada worry that the first wave plan participants are unprepared — and things may only get worse.
Illiquidity in DC plans
Defined contribution executives like the diversification and return prospects but focus on daily valuation and fees hurts illiquid investments.

Online

Frontlines

Editorial

Washington shouldn't mess with tax deferrals for 401(k) plans

DEFINED CONTRIBUTION

DEFINED CONTRIBUTION

President Donald Trump says his tax reform and tax cut plan leaves 401(k) plans untouched, but that doesn't mean Congress will agree.

Letters to the Editor