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. 
China’s growth not so lopsided but markets are
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. 
DiNapoli’s first snag at NY State fund as markets sour again
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
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. NYSTRS defends defined benefit funds
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.
SimCorp research focuses on pension fund best practice
SimCorp Strategy Lab, a private research institution, designed to challenge industry best-practice on issues relating to mitigating risk, reducing cost and enabling growth in the investment management industry, has set up four new sector-specific research groups including a separate group focused on pension funds.
Water a new focus area for Canadian fund
Water is the latest focus area for the Canadian Pension Plan’s responsible investing initiative, with the fund planning to target big Canadian and global companies this year to gather information on their water usage. Click here to read more.
