Today's top news stories
Pension dashboard should display impact information, says taskforce
Social impact investing ‘implementation taskforce’ responds to government consultation
Chart of the Week: DC overtakes DB in top seven pension markets
€35.6trn invested in 22 markets, Willis Towers Watson reports, with DC making headway in the UK, Canada and Japan
Alecta beats benchmark in 2018 despite 3.5% loss
Group solvency falls; employer costs reduced at biggest Swedish pension fund
How the financial crisis took the shine off the Dutch pensions system
Ultra-low interest rates mean the state pension is now the best element of Dutch system, says pensions law professor Yves Stevens
Compenswiss moves to tackle mounting cashflow problem
Compenswiss feels ‘forced’ to increase monthly divestment to meet pension payments
Property, fixed income boosts KLP’s 2018 result
Norwegian municipal pensions giant “well prepared” for new competition
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On the record: Asset management fees
We asked two European pension funds about their attitude to asset management fees and costs
How we run our money: Laborfonds
Ivonne Forno (pictured), the CEO of Laborfonds, the Trentino-Alto Adige/Südtirol regional pension fund, talks to Carlo Svaluto Moreolo shortly after the fund’s 20th birthday
US economy: Overpricing recession risk
Financial markets have suffered a nasty bout of indigestion since October. The interplay of sentiment and volatility induced widespread pessimism, with added concern that market tantrums could subsequently bleed into the real economy
CLO supply outstrips demand
Do reports of a growing wariness over collateralised loan obligations (CLOs) mean that the good times are over for the investment vehicle?
Briefing: Collateral challenges
Rising interest rates put collateral management strategies to the test
Investment self help
Many people start their new year with diets, exercise, or perhaps a dose of self-help. Bookshops are well stocked with guides to better working, living, thinking, sleeping and even breathing.
Wrong on the recession
The clouds darkened last month. Forecasts of the world’s economics prospects became distinctly gloomier.
Private equity: An expanding universe
A significant growth in direct lending has helped boost the private equity market
High yield: Coping with a new environment
This year high-yield investors will have to weather not only the winding up of quantitative easing but additional political challenges
Global Equities: Valuation vagaries
Mean reversion is useful in valuing stocks, but there are many unpredictable factors that can disrupt long-term assumptions
Guest viewpoint: Lisa Brüggen & Thomas Post
”Pension funds, insurance companies and policymakers should limit choices to 6-22 option”
Guest Viewpoint: Sviatoslav Rosov, CFA Institute
The statistics on public market participation by corporations over the past two decades make grim reading. The US had 14% fewer exchange-listed firms in 2012 than in 1975
Long Term Matters: What do Facebook’s investors care?
Mark Zuckerberg “is a bigger threat to American democracy than Donald Trump”, says David Runciman, professor of politics at Cambridge University
Guest viewpoint: Simon Lewis, AFME
Europe’s capital markets are facing some of their toughest challenges since the global financial crisis
Long Term Matters: What should investors do about authoritarian governments?
In October, I wrote that investors would soon have to choose between backing social justice or going along with authoritarian- ism. I was not expecting that the choice would come so quickly
