Table of Contents

Issue Date: Monday, February 5, 2018

News

Plan sponsors brace for a rough ride
Some U.S. plans are honing investment portfolios to ride out a decade of expected bad returns.
Largest U.S. retirement funds set record at $10.3 trillion in assets

PENSION FUNDS

PENSION FUNDS

Strong markets powered the P&I 1,000 to $10.33 trillion assets in 2017.
Most DC executives not aware of their fiduciary duties

DEFINED CONTRIBUTION

DEFINED CONTRIBUTION

Too many DC plan executives don't know or understand their fiduciary duties, research shows.
Conditions pointing to busy year for offloading defined benefit risk

PENSION RISK TRANSFER

PENSION RISK TRANSFER

Pension risk transfers are expected to spike in 2018 in both the U.K. and U.S.
Market increase not treating managers equally

MONEY MANAGEMENT

MONEY MANAGEMENT

Market appreciation and the newly approved tax cuts have positively affected public managers' bottom lines in the fourth quarter.
DC participants seen as next advocates of ESG mantra

Defined Contribution

Defined Contribution

ESG investing is getting a closer look as a way to increase engagement, diversify lineups, achieve higher returns and manage risks.
Asset managers set for China IRA market boom

MONEY MANAGEMENT

MONEY MANAGEMENT

Money managers are eyeing the imminent launch of 'third pillar' private pensions by Chinese regulators.
Investors embrace multifamily as demographic trends shift

REAL ESTATE

REAL ESTATE

Rising demand for apartments is pulling institutional investors back into the multifamily market.
ESG target-date funds aim for performance and sustainability

Defined Contribution

Defined Contribution

Natixis' ESG target-date fund family aims for performance as well as sustainability.
Insurers begin staking their claims in ETF territory

ETFS

ETFS

The ongoing expansion of the ETF market has spurred insurers to finally put stakes in the ground through a mix of acquisition and launches.
Defined contribution managers brace for flood of business from Europe

Defined Contribution

Defined Contribution

New firms are joining established money managers in an effort to serve the growing defined contribution market in Europe.
Insurer considerations key in all risk transfer scenarios

PENSION FUNDS

PENSION FUNDS

Insurer capacity, patience, could be issue in U.K. pension risk transfers.
Risk appetite increasing for institutions in Asia
Asian investors that built up cash positions last year are finding it increasingly painful to keep those low-risk, low-return allocations.
MiFID II compliance leaving FX conduct code on sidelines

Regulation

Regulation

MiFID II compliance has overshadowed adherence to the voluntary FX Code of Conduct.

Special Report

P&I 1,000 largest retirement plans: 2018
The total assets of the largest 1,000 U.S. retirement plans reached a record $10.326 trillion as of Sept. 30, up 10% from a year earlier, thanks in part to outstanding market returns, P&I's...

Frontlines

Editorial

Big shadow hangs over big data

OPINION

OPINION

Big data if misused could betray investors and traders enamored with its potential.
Defined contribution participants need equal access to the markets

OPINION

OPINION

The decline in the number of publicly listed stocks is a mixed blessing, and has a profound impact on DC plan investors.