Table of Contents

Issue Date: Monday, July 24, 2017

News

Japan's GPIF emphasis on low fees giving way to search for alignment

Japan’s GPIF emphasis on low fees giving way to search for alignment

Money managers say a fundamental reconsideration of fee arrangements is underway at the world's biggest pension fund.

Class-action lawsuits face tougher road after court ruling, federal positions

Class-action lawsuits face tougher road after court ruling, federal positions

Class-action lawsuits are key legal tools for investors, but a recent Supreme Court decision and government positions could make them harder to pursue.

CalPERS wants a place for 'in-between' managers

CalPERS wants a place for ‘in-between’ managers

CalPERS has set aside $7 billion to give to smaller managers who are eligible to graduate from its emerging managers program.

States take varied routes to solving pension woes

States take varied routes to solving pension woes

Hybrid DB/DC plans aren't the only solution to fixing pension underfunding troubles.

Perfect match: Investors need revenue, banks need collateral

Perfect match: Investors need revenue, banks need collateral

European pension funds are finding a welcome stream of returns by lending out high-quality fixed-income assets.

Pennsylvania's hybrid plan seen as falling short

Pennsylvania’s hybrid plan seen as falling short

Though some industry observers say Pennsylvania's new hybrid plan is a step in the right direction, others say it doesn't fix the state's underfunding problem.

Executives urged not to delay use of best practices

Executives urged not to delay use of best practices

A new DCIIA report urges plan sponsors to step up efforts to enhance employees' retirement security.

Investors ready to move energy back from dark

Investors ready to move energy back from dark

Money managers are taking a hard look at oil, with some making strategic allocations to energy companies while others are watching for the right opportunities.

EnerVest isn't alone feeling the pain from oil price drop

EnerVest isn’t alone feeling the pain from oil price drop

EnerVest situation underscores the perils of leverage in energy funds.

Low-cost demands spurring managed futures evolution

Low-cost demands spurring managed futures evolution

Price pressure on managed futures strategies is creating investor opportunities.

New president named at Northern Trust asset unit

New president named at Northern Trust asset unit

Shundrawn Thomas, the newly named president of Northern Trust Asset Management, played a pivotal role in revitalizing the manager's ETF business.

Manager optimism growing on European stocks

Manager optimism growing on European stocks

European equities — caught between improving economic data and ECB hints of ending loose monetary policy — have money managers in a quandary.

Divergent themes seen as buying opportunity

Divergent themes seen as buying opportunity

Money manager believes it pays to be selective in European stock picks.

P&I Eddy Awards lauds best practices in DC education

P&I Eddy Awards lauds best practices in DC education

Pensions & Investments is accepting entries for the 2018 Eddy Awards, recognizing the best in defined contribution education efforts.

Connecticut increases fee transparency in 403(b) plans

Connecticut increases fee transparency in 403(b) plans

A new Connecticut law aims to increase transparency on fees and potential conflicts of interests covering non-ERISA 403(b) plans.

Special Report

Infrastructure and real assets

Infrastructure and real assets

Falling yields and the growing demand for infrastructure have resulted in lower average returns for infrastructure in recent years, but some investors are looking beyond returns.

Frontlines

Editorial

State programs essential for workers' retirement security

State programs essential for workers’ retirement security

The latest report of the health of Social Security highlights the need for strengthening retirement systems for private and state and local government workers.

Fab Four, Nifty Fifty and history repeating

Fab Four, Nifty Fifty and history repeating

Institutional investors should review managers' portfolios to see if they are overweight, market weight or underweight in four key stocks.

Letters to the Editor

People Moves