A new KPMG report, ‘Renewing the promise: Time to mend relationships in investment management”, shows the investment management industry should work to rebuild trust with investors through a ‘back-to-basics’ client relationship approach, increase knowledge sharing, and bolster corporate
governance and risk management transparency.
ReGroup is one of four firms providing resources to CalPERS as it embarks on its governance/risk management initiative. President and chief executive of the firm, Ann Oglanian, speaks with Amanda
White about risk management best practice and how pension funds can initiate organisational risk management change.
Having moved its strategy to a more defensive position in the lead up to the global financial crisis, Cbus, the A$13 billion (US$10.4 billion) Australian pension fund for the construction and building industry, is preparing to put risk back on the table. Kristen Paech talks to investments and governance manager, Trish Donohue about how the fund has dealt with the adverse markets and liquidity stresses facing pension funds globally.
Tony Rocker, partner global head of infrastructure funds at
KPMG in the UK,
reviews infrastructure funds in light of the current market downturn and
concludes that, with a little realism and improved transparency, the sector can look
forward to a sound future.
The NT$700 billion ($21 billion) Taiwanese Labor Pension Fund is tendering for Asia ex-Japan and global equities mandates, with a combined asset value of $1.2 billion, for its new and old pension funds in what is the first overseas discretionary search for this year.
South Korea’s sovereign wealth fund (SWF), the $25 billion Korea Investment Corporation (KIC), has signed cooperation agreements with Queensland Investment Corporation (QIC) and Malaysia’s Khazanah Nasional Berhad to share resources and pursue investments with the government-owned entities.