Table of Contents

Issue Date: Monday, June 12, 2017

News

In search for growth, private equity firms go shopping

MONEY MANAGEMENT

MONEY MANAGEMENT

Private equity firms' portfolio companies are increasingly growing by acquisition rather than increasing earnings organically.
One size doesn't fit all in dealing with DOL's rule

DEFINED CONTRIBUTION

DEFINED CONTRIBUTION

Amid uncertainty over the Labor Department's fiduciary rule, record keepers offer varied services.
More challenges promised despite church-plan victory

COURTS

COURTS

Even with a recent Supreme Court ruling, the fight over church-plans exemption from federal pension law expected to continue.
Managed futures setting stage for dramatic growth

ALTERNATIVES

ALTERNATIVES

Asset owners believe in the downside protection of systematic managed futures strategies, pouring money into the space
Investors leery of easing private equity regs

REGULATION/LEGISLATION

REGULATION/LEGISLATION

Congress is moving forward with efforts to ease regulation of private equity firms.
Passive shift a boon for transition management

ASSET SERVICING

ASSET SERVICING

Transition managers are seeing a spike in moves to passive equities from active strategies among public defined benefit funds since the start of the year.
Picture remains fuzzy a year after Brexit

ASSET OWNERS

ASSET OWNERS

A year after U.K. citizens voted to leave the European Union, more questions than answers remain for European pension funds and other asset owners.
Markets so far shrugging off daily dose of global surprises

RISK MANAGEMENT

RISK MANAGEMENT

Asset owners are becoming more concerned with geopolitical risks, but they're also more bullish about global investing.
Asian insurers developing appetite for taxable munis
A growing number of insurance companies in Tokyo, Seoul and Taipei are doing their part this year to make American infrastructure great again.
Officials urge careful steps in dealing with fiduciary rule

REGULATION/LEGISLATION

REGULATION/LEGISLATION

Plan sponsors' fiduciary rule mantra: Read the fine print.
Investors willing to take risks for overseas return

RISK MANAGEMENT

RISK MANAGEMENT

Some money managers say clients are bullish about investing overseas and willing to take more risks internationally than in the past few years.
Money managers brace for life after Brexit

MONEY MANAGEMENT

MONEY MANAGEMENT

Supervisory authorities in London and on the Continent are preparing for what comes next for money managers in adopting Brexit.

Special Report

The power report: Institutional investing in oil and energy
The momentum behind investor moves to address climate-related risks and opportunities in institutional portfolios continues to build.

Frontlines

Editorial

Europe's regulatory system proves it works, even with a loss

REGULATION/LEGISLATION

REGULATION/LEGISLATION

The first real test of Europe's post-financial-crisis bank resolution rules shows that regulation can mete out a victory.
Diversification helps, but for money managers it's still scary out there
Markets have shown surprising resilience and even growth after upsets such as Brexit and the U.S. presidential election, but is that the result of a quirk or real strength?

Other Views

Did Buffett stack the deck?
Warren Buffett, one of the world's greatest active managers, recommends a passive approach to investing — and shows why it's far more complicated than many people assume.

Tradewatch