All Investment articles – Page 81
-
Features
Should schemes engage in more shareholder activism?
Analysis: Facebook has cancelled its plan to issue a new type of non-voting shares following pressure from investors, but some have said UK pension funds lack the size to exert similar influence.
-
Features
Where should tomorrow’s schemes allocate their assets?
Pensions Expert 20th Anniversary: In 1997, globalisation and increased investor sophistication powered a bull market that was meant to stretch beyond the confines of a regular business cycle.
-
News
Jersey teachers’ fund puts faith in active management
The States of Jersey Teachers’ Superannuation Fund has bucked the current trend away from active management and increased its exposure to active equities, reducing index shares.
-
Opinion
Patient capital consultation met with industry scepticism
The government closes its consultation on financing growth in innovative firms this week as it looks to increase scheme investment in ‘patient capital’, but concerns persist over the suitability of this asset class for pension schemes.
-
News
TPR campaign outlines governance basics
The Pensions Regulator has launched a new campaign directed at trustees and their advisers, as part of a wider push to raise governance standards, but experts say its success relies on collaboration and engagement from all stakeholders.
-
Opinion
DC Debate Q3: From platforms to post-freedom changes
In the second part of this quarter’s DC Debate, six experts discuss in-scheme drawdown, platforms, and the pros and cons of running a bundled or unbundled scheme.
-
News
CMA begins consultant investigation as FCA calls trustees 'weak'
The Financial Conduct Authority has finalised its referral of the investment consultancy industry to the Competition and Markets Authority, beginning an 18-month period of investigation into conflicts of interest in the sector.
-
News
Vested interests hamper fintech adoption, start-ups say
Industry interests stop technology from truly benefiting savers through low-cost products, members of the start-up community have said.
-
Features
How valuable are transition managers?
Analysis: Last week, State Street agreed to pay approximately $35m (£26m) to settle a pair of complaints by the Securities and Exchange Commission that it defrauded six institutional investors while conducting transition management services.*
-
News
Employers urged to review default offerings
Inconsistency in approaches taken to default defined contribution offerings among large contract-based providers could threaten member outcomes, according to a new report, as separate research confirmed the importance of investment returns later in the savings journey.
-
Opinion
How pension schemes allocate to EMD
The benefit of pursuing diversification and long-term risk-adjusted return opportunities is widely known.
-
Features
What can pension schemes learn from insurers?
Analysis: Prudent liability management features among the priorities of pension funds and insurers alike. Experts have previously called upon investors to think more like insurers, but differences in objectives, regulatory requirements and scale mean that total strategic convergence between schemes and insurers is unlikely.
-
Opinion
Don't end default at AE
Editorial: Another prominent industry figure has advocated introducing a default option at retirement this week, after last week’s informed comment piece was written with the same in mind.
-
Features
Nilgosc outvotes social infrastructure sceptics
The Northern Ireland Local Government Superannuation Committee has voted for social infrastructure as a suitable investment type, despite concerns among some committee members about political risk and the impact on public services.
-
Features
Schemes regain faith in fid man evaluators
Trustees have shown more inclination towards using third-party evaluators as part of the fiduciary management selection process, a new report has shown. Mid-sized schemes continue to flock towards fiduciary management.
-
Opinion
Positive EMD performance: Will it last?
EMD survey: More than four years have passed since the taper tantrum, when the US Federal Reserve started to gradually tighten its quantitative easing programme, leading to investor panic and sell-off in some emerging markets.
-
Opinion
Asset manager mergers: How they affect pension schemes
Analysis: The recent uptick in mergers and acquisitions activity in the asset management industry has sparked debate among experts over potential ramifications for schemes. Fees, innovation and relationships with managers could all be affected.
-
Features
Caterpillar default to target drawdown
Trustees of the Caterpillar Defined Contribution Pension Plan have decided to change the scheme’s default fund to target flexible drawdown, as industry experts highlight the importance of looking longer term and communicating default changes carefully.
-
News
BAA switches manager as LDI competition grows
The BAA Pension Scheme is implementing a full interest rate hedge, and has in a first step replaced its liability-driven investment manager to improve “efficiency”.
-
News
Manager stops single fund meetings as LGPS pools take shape
Fund manager Baillie Gifford has stopped attending and presenting at committee meetings of several Local Government Pension Scheme clients, demonstrating the trade-off between fees and face-to-face interaction that can come with asset pooling.