Table of Contents

Issue Date: Monday, November 26, 2018

News

Risk transfer activity still barreling ahead

PENSION FUNDS

PENSION FUNDS

U.S. corporations continue to derisk their pension plans through annuity purchases from insurance companies.
Washington down on proxy advisers

REGULATION

REGULATION

Calls for more transparency could produce new regulations for proxy advisory firms.
M&A action, OCIO trend set new tone

CONSULTANTS

CONSULTANTS

Traditional investment consulting has witnessed increased consolidation as more investors have delegated portfolio management.
New CalPERS private equity model keys on staff delegation

Private Equity

Private Equity

CalPERS' revises efforts to reinvent its private equity model without a permanent leader of the 18-month-old program.
GPIF currency hedging could help in downturn

INVESTING/PORTFOLIO STRATEGIES

INVESTING/PORTFOLIO STRATEGIES

Currency hedging could help Japan's Government Pension Investment Fund weather a global economic slowdown.
Multiasset strategies victims of their own success

INVESTING/PORTFOLIO STRATEGIES

INVESTING/PORTFOLIO STRATEGIES

Multiasset strategies and managers seem to be suffering, but whether the source is their own success or poor performance is debatable.
Fidelity's reaping major dividends from focus on managed accounts
Fidelity Investments has bolstered its managed accounts business through product and marketing changes and a big record-keeping presence.
Struggling multiemployer plans see help ahead at expense of healthy funds
The special congressional committee on multiemployer pension plans is in a race to come up with solutions that balance competing interests.
JP Insurance seeing now as good time to add more risk

INVESTING/PORTFOLIO STRATEGIES

INVESTING/PORTFOLIO STRATEGIES

Japan Post Insurance's managing executive officer says a looming slowdown makes this "the best time to buy" U.S. investment-grade bonds.
Salary history ban won't be problem for money managers, recruiters say

MONEY MANAGEMENT

MONEY MANAGEMENT

Asset managers are doing away with salary history questions in an effort to comply with new laws and evolving recruiting standards.
Managers see retail channel as next growth opportunity in Europe

Defined Contribution

Defined Contribution

Money managers are set to tilt defined contribution business in Europe toward retail distribution channels.
Investors urged to hold tight on emerging markets investments

INVESTING/PORTFOLIO STRATEGIES

INVESTING/PORTFOLIO STRATEGIES

Money managers have had to reposition in emerging markets this year amid elections, economic adjustments and challenging returns.
EBRI issuing call for Ray Lillywhite Award candidates

AWARDS

AWARDS

EBRI seeks nominations for its Lillywhite Award, which honors those who contributed to retirement security through work or research.
Investor coalition setting its sights on firearms industry
A coalition of 13 institutional investors issued a set of investor principles to improve safety and responsibility in the firearms industry.
Canadian employers not prepared for pension plan design changes

PENSION FUNDS

PENSION FUNDS

Employer payroll, not retirement benefits, could be hit by expansion of Canada, Quebec pension plans.
Securities lending, collateral transformation and optimal trading programs are on the agenda for sovereign wealth funds.

Special Report

Investment consultants
Increased consolidation is occurring within the traditional investment consulting industry while more investors are looking to delegate portfolio management.

Frontlines

Editorial

Pension reform can't afford further delay

EDITORIAL

EDITORIAL

Congress needs to pass proposals to solve the multiemployer plan crisis and expand who can participate in multiple employer plans.
Finding the few good apples getting harder and harder

EDITORIAL

EDITORIAL

Asset owners should reconsider the balance of their equity portfolios between active and indexed management.

Other Views

The alignment of need and new tools makes the management of geopolitical risk fertile ground for progress.
Emerging markets going mainstream along with the end of the great disinflation will see investors worldwide pursuing the best opportunities.