Table of Contents

Issue Date: Monday, June 26, 2017

News

Infrastructure in good graces of managers again

Infrastructure in good graces of managers again

Interest in infrastructure is growing, thanks to investor demand and a focus on private investment in infrastructure by President Trump.

Working the stacks at the library from A to Z

Working the stacks at the library from A to Z

Summer, winter, spring or fall, PSCA's Tobi Davis uses a time-tested strategy to reap an unlimited supply of great reads.

Summer reading: space, sports and actuaries!

Summer reading: space, sports and actuaries!

If you're looking for summer reading, here's a sampling of what is on the lists of P&I readers.

New law restricts investment discretion of Texas Employees' staff

New law restricts investment discretion of Texas Employees’ staff

Legislature restricts staff discretion over Texas Employees Retirement System's alternative investments.

Regulation puts U.K.-based money managers at risk of losing EU business

Regulation puts U.K.-based money managers at risk of losing EU business

Money managers without EU-based portfolio management capabilities might lose the right to service asset owners on the Continent.

MSCI inclusion moves China onto global investment stage

MSCI inclusion moves China onto global investment stage

Market participants foresee mighty oak tree growing from MSCI's China A shares acorn.

Contribution gap for auto-enrollment narrows, record keepers report

Contribution gap for auto-enrollment narrows, record keepers report

Smarter plan designs help defined contribution sponsors close the auto-enrollment savings gap

Federal Reserve unwinding has​  managers, investors at ready

Federal Reserve unwinding has​ managers, investors at ready

As the Fed prepares to unwind its massive balance, fixed-income managers are preparing for anything.

Tick-size pilot disappointment has experts searching for alternatives

Tick-size pilot disappointment has experts searching for alternatives

With many thinking the SEC's tick size pilot hasn't benefited small-cap stocks, what other ways are there to increase liquidity — and potential returns?

Dimensional sets sights on growing its DC business

Dimensional sets sights on growing its DC business

As assets continue to flow to DC, Dimensional Fund Advisors is working to bolster its presence in the defined contribution market.

QuadReal Property has eye on future prize

QuadReal Property has eye on future prize

British Columbia's real estate investment management unit is looking to boost its international portfolio while hanging on to its Canadian investments.

Complex portfolios spur increased use of outsourced CIOs

Complex portfolios spur increased use of outsourced CIOs

Increasingly complex investment portfolios, and the lack of in-house staff, is driving institutional investor appetite for OCIO services.

Tired of too little alpha? Try going high-conviction

Tired of too little alpha? Try going high-conviction

At a moment when passive equity managers are gaining ground on active, Willis Towers Watson touts the joys of high-conviction stock picking.

Caledon deal gives CBRE infrastructure strength

Caledon deal gives CBRE infrastructure strength

CBRE Global Investors bulks up on infrastructure by acquiring majority interest in Caledon Capital Management.

1 year in, SSGA and GE integration on smooth plane

1 year in, SSGA and GE integration on smooth plane

SSGA executives say the integration of GE Asset Management will be completed by year-end.

Special Report

Governance best practices

Governance best practices

U.S. pension boards are under scrutiny, fueling discussions about governance at conferences, retirement boards and statehouses alike.

Investment outsourcing

Investment outsourcing

The current low-return environment combined with a recognized need to build more diversified portfolios is driving increased institutional investor appetite for outsourced chief investment officer services.

Frontlines

Editorial

Transforming retirement savings into wealth

Transforming retirement savings into wealth

Helping employees convert savings in retirement plans into wealth they can draw on in retirement must be a key focus for the industry.

Other Views

Carbon risk, not climate risk is better framework for future

The risk for investors of government intervention to reduce future emissions is much more significant than the underlying risk of climate change itself.

Enhancing governance requires attention to detail

To excel, endowment stewards must be as attentive to potential land mines in governance as they are to those in global markets.

The pursuit of effective pension solutions

The pursuit of effective pension solutions

"Pension underfunding is the climate-change moment of social systems" – the line that struck a chord at media outlets across the globe in May, when Michael Drexler said it accompanying the release of the World Economic Forum's white paper on retirement investment systems. A "global pension time bomb with a funding gap set to dwarf the world GDP" read the news release headline.

Letters to the Editor

People Moves