A slow but steady evolution in best practice on cost disclosure and reporting is changing the way pension funds think about the asset management industry as well as the way they structure their internal resources.
The international shift from an emphasis on monetary policy to a focus on fiscal policy is a dangerous diversion. Pumping money into the economy cannot resolve the underlying weaknesses that have long plagued western economies
The international reaction to the result of the recent Italian referendum on constitutional reform was curious. Voters rejected the reform wholeheartedly, and commentators around the world hailed the result as another victory for populism
In 2001, the Myners report raised the issue of the investment value chain and how pension funds could improve outcomes through their governance structure. It also highlighted market inefficiencies in areas like peer-group herding and investment consulting
The long-running debate in the Netherlands over how to build a sustainable and acceptable pension system has taken another step towards its final destination
The UK’s Financial Conduct Authority (FCA) is seeking regulatory powers over investment consultants following a damning review of the sector
Early on Wednesday 9 November we learnt that Donald Trump would be president of the US, and two days later I heard I may have a cancer.
Our investment committee members had quite a few questions at the final meeting of 2016. Brexit, Trump, the equities rally, long-bond yields, emerging markets: the trustees kept the topics coming thick and fast
An explosion of providers and events promise to turn investors into low-carbon heroes. Even campaigners use it to benchmark managers. What will it deliver? Raj Thamotheram writes
Registered users are entitled to the first digital issue of IPE with the compliments of the IPE.com team.
“Successful managers are hard to find but those that do exist generally share some common characteristics”
The pensions world is constantly changing. In the UK, more DC savers, coupled with recently introduced flexibility of access, will increase the levels of risk and complexity for many
Pension funds are not about politics, but their investment portfolios include political risk
“It is time the authorities addressed the serious side effects of monetary policy on UK pensions”
“Easier, cheaper fund distribution would help build stronger capital markets”
“The cost for a German young person to provide for a pension has roughly tripled since 2008”
“Let’s stop using the term de-risking altogether and use the right words for what we are doing”