Chicago

Pricing geopolitical risk

Geopolitical risk is largely priced in to markets according to the John P. Birkelund ’52 Professor in History and International Affairs at Princeton University, Stephen Kotkin.

Amanda WhiteDecember 22, 2015

Roger Urwin of Towers Watson and Jaap van Dam of PGGM, report on a productive workshop at the Fiduciary Investors Symposium where delegates brainstormed ideas for the ideal investment model for the future.

Amanda WhiteDecember 17, 2015

Uncategorised posts

Demystifying private equity

US public pension funds, on average, have around 9.4 per cent allocated to private equity but for many public funds monitoring the firms that manage these investments – including the transparency of underlying investments, fees, performance and benchmarking – as well justifying these investments to boards and stakeholders, takes up more than 10 per cent […]

Amanda WhiteAugust 12, 2015

WPF Risk Summit

How to solve Chicago’s pension pain

Moody’s recent downgrade of the City of Chicago was because of its pension liabilities, according to the city’s treasurer, Stephanie Neely, who says the current actions to fix the funding deficit problems are just “re-arranging the furniture”. “The benefits and contributions are the problem: we cannot invest our way out of this,” she says, adding […]

Amanda WhiteAugust 27, 2013

Opinion

The smoking gun at CalSTRS

For a pension fund that describes itself as “ponderous”, the $154-billion California State Teachers’ Retirement System, CalSTRS, has moved uncharacteristically swiftly in recent months. The second largest public pension fund in the United States, the plan for teachers and faculty is in the process of divesting its holdings in gun manufacturers following the massacre at […]

Sarah RundellMarch 6, 2013