Two major pension funds from the Netherlands and Canada – ABP and OMERS – have seeded an innovation and technology program to invest in their domestic knowledge economies. Called inkef capital, it has already begun searching for the success stories of the future. 
(more…)
The largest 20 pension funds globally, which make up 39.2 per cent of the largest 300 funds, have underperformed the rest of the universe measured by the Towers Watson/Pensions & Investments survey for the first time. 
(more…)
Internal investment committees and teams should be given an investment management agreement by their boards, in order to define accountability, according to Russell Investments expert, Sorca Kelly-Scholte. 
(more…)
You get immune to rapid change in China, with the pace of development clearly visible all around. One wonders how long it will still be considered a developing nation. 
(more…)
After three tumultuous years of reforms including a raft of new policies and procedures at the third-largest pension fund in the US, culminating in a 25.9 per cent return last year, Thomas DiNapoli, the New York State Comptroller, has hit a snag in the last quarter
. (more…)
The defined-benefit New York State Teachers’ Retirement System is defending its 8 per cent assumed rate of return at a time in the US when the limelight is focussed on pension fund structural issues. (more…)