Table of Contents

Issue Date: Monday, April 3, 2017

News

Oregon seeks to embark on a big overhaul

Oregon seeks to embark on a big overhaul

Oregon Investment Council is seeking to bulk up staff to insource more assets and lower costs as it seeks to derisk its portfolio.

Brexit market fears still haunt investors

Brexit market fears still haunt investors

As the U.K. government begins Brexit negotiations, investors are split on whether the risks associated with exiting the European Union have yet been priced into equity markets and the currency.

China fund-of-funds industry beginning to blossom

China fund-of-funds industry beginning to blossom

China's fund-of-funds industry is set to play an increasingly important role in shaping its fledgling hedge fund sector, but can China keep it in check.

P&I looks to honor DC quality, innovation

The 2017 Excellence and Innovation Awards contest, sponsored by Pensions & Investments and the Defined Contribution Institutional Investment Assn., is accepting nominiations.

European growth, regulatory changes drive asset moves

European growth, regulatory changes drive asset moves

Cometa, ERAFP and other European pension funds welcome unrestricted access to investing in more volatile asset classes.

BlackRock puts more of its future in tech

BlackRock puts more of its future in tech

In technology race, BlackRock reorganizes active equity platform, turns to quantitative computer models.

Canadian budget light on details for infrastructure bank

Canadian budget light on details for infrastructure bank

The Canadian government's 2017 budget is big on grand plans for infrastructure improvements in transportation, social needs and environmentally friendly utilities.

Corporate pension plans push demand for Treasury STRIPS

Corporate pension plans push demand for Treasury STRIPS

Demand for U.S. Treasury STRIPS is soaring, fueled by rising interest rates and U.S. pension plans' desire for asset-liability matching, industry sources said.

City centers left behind for new hot spots

City centers left behind for new hot spots

Real estate managers are moving out of the city center, investing in new areas to escape the crowd of capital looking to invest in the urbanization trend.

Firms already set for T+2 implementation

Firms already set for T+2 implementation

Most traders and market structure analysts foresee a smooth transition to a T+2 settlement cycle in the U.S., although some custody services as well as securities lending could have some difficulties in adjusting to one less settlement day.

Sustainable strategies on growth track in U.S.

Sustainable strategies on growth track in U.S.

Sustainable investing, which has long had a foothold in Europe, is growing rapidly in the U.S., driven by women and millennials.

Managers prepare for MiFID II by shifting gears with research

Managers prepare for MiFID II by shifting gears with research

New rules in Europe are forcing money management firms to scrutinize the way they pay for investment research. Some are overhauling their business models, using their own money instead of client dealing commissions to pay for insights; others are building in-house capabilities to cope with the demands.

Institutions not afraid to move beyond biggest players

Institutions not afraid to move beyond biggest players

BlackRock, Vanguard and State Street command 80% of ETF assets under management in the U.S., but smaller institutional investors continue to look beyond the Big 3 for unique products.

Management firms gain big attention with upgrades

BlackRock is far from the only asset manager focusing on technology upgrades to adapt to an increasingly evolving investment landscape.

New Oregon Investment Council chairwoman wants to focus on the big picture

New Oregon Investment Council chairwoman wants to focus on the big picture

The new chairwoman of the Oregon Investment Council would like the panel to focus on the big picture, including the complexity and illiquidity in its portfolios.

CCB Principal takes aim at China's retail market

CCB Principal takes aim at China’s retail market

CCB Principal is looking to lead the way in offering risk-based funds of funds to a quarter-billion cohort — and rising — of Chinese retirees.

Special Report

DC record keepers: 2017

DC record keepers: 2017

Defined contribution plan record-keeper assets hit $5.5 trillion for the year ended Sept. 30, according to the latest Pensions & Investments survey of the largest record keepers.

Eddy Awards 2017

Eddy Awards 2017

Read about this year's winners and view a complete list of Eddy Award winners from the last six years.

DC East 2017

Read highlights and watch videos from Pensions & Investments' 2017 East Coast Defined Contribution Conference in Miami.

Features

Eddy winners double, triple their fun

Eddy winners double, triple their fun

Eddy Awards for retirement education show humor and more use of social media to encourage participants to plan better and save more.

Eddy Awards 2017

Eddy Awards 2017

Read about this year's winners and view a complete list of Eddy Award winners from the last six years.

Frontlines

Editorial

Walling off assets is wrong

Walling off assets is wrong

A bill introduced in the California State Assembly would require the state's two largest public pensions to divest of companies involved in the construction of a border wall between the United States and Mexico. But is it smart?

Other Views

Longevity risk and systemic challenges to retirement

Longevity risk and systemic challenges to retirement

Realistic plan design, structured for the long term, is key to addressing the longevity and market risks that might otherwise stand in the way of broad-based retirement security.

People Moves