The coronavirus pandemic has pushed emerging European countries and Russia further away from reforming their DC systems.
The COVID-19 crisis stressed emerging market retirement funds, narrowing their path forward as demographic pressures loom.
Mexico managed to make major reforms to its retirement system last year despite the distractions of the coronavirus pandemic.
The economic impact from the COVID-19 pandemic leads the top 10 stories in 2020 covered by P&I.
The annual ranking by P&I and Willis Towers Watson PLC's Thinking Ahead Institute showed that passively managed assets increased 25.3%.
Despite market turmoil, total DC mutual fund assets rose slightly for the 12 months ended June 30; DC target-date funds grew much faster.
North American money manager assets increased 20.3% in 2019 to $62.32 trillion, boosted by a bull market in the U.S.
The pandemic has not shut down all real estate lending, propping up asset values, but making it tough for mezzanine lenders.
Despite the COVID-19 pandemic, a strong 2019 helped buoy managers' worldwide assets under management to $1.73 trillion.
Farmland and timber assets under management fell again, with growth stymied by lack of supply.
Money managers should remain watchful of phishing emails targeting employees as they adjust to remote working.
Increased volatility and concerns about portfolio risk might push U.S. pension funds to take over their risk management process.
The 2018 ranking shows a very different picture of money management to that in 2008.
Assets under management for the world's largest firms fell as equity markets across the globe took a tumble in 2018.
The popularity of target-date funds fueled the growth of mutual funds assets in defined contribution plans for year ended June 30.
Worldwide real estate assets and assets managed for U.S. tax-exempt institutions were pinched during the year ended June 30.
Investors are flocking to credit and new construction rather than high-priced core properties.