Table of Contents

Issue Date: Monday, August 21, 2017

News

Global investors are cautious of China's 'One Belt, One Road'

Global investors are cautious of China’s ‘One Belt, One Road’

Overseas investors remain wallflowers at "One Belt, One Road" infrastructure party.

Investors start to prep for market disruptions

Investors start to prep for market disruptions

A growing number of asset owners and money managers are repositioning their portfolios to ride out market turbulence.

Tax reform efforts put retirement plans at risk

Tax reform efforts put retirement plans at risk

Retirement industry lobbyists are bracing for the worst as Washington prepares for the next big battle over tax reform.

UC adds collective investment trusts to its 403(b) plans

UC adds collective investment trusts to its 403(b) plans

University of California investment lineup restructuring includes rare use of collective trusts in 403(b) plan.

More liability could fall to sponsors as fiduciary rule tweaked

More liability could fall to sponsors as fiduciary rule tweaked

As the DOL continues to make changes to a fiduciary rule originally expected to be finalized by January, plan sponsors will have to step into the breach.

Quebec's Caisse restructures fixed-income portfolio

Quebec’s Caisse restructures fixed-income portfolio

Caisse de Depot et Placement du Quebec restructured its portfolio to take advantage of opportunities in private credit and specialty finance.

LDI portfolios could face risks in move away from LIBOR

LDI portfolios could face risks in move away from LIBOR

Scrapping LIBOR in 2021 could affect the derivatives market, with a knock-on effect for pension funds' LDI portfolios.

Technology disruption now a pressing issue for investors

Technology disruption now a pressing issue for investors

Technology and its potential to disrupt and impact investments is making its way up the agenda for institutional investors.

Infighting at Uber puts governance risks in spotlight

Infighting at Uber puts governance risks in spotlight

The public battle over Uber Technologies has raised concern among venture capitalists about corporate governance.

American Century shifting gears, turns to acquisitions

American Century shifting gears, turns to acquisitions

American Century Investments expects to finalize in the next few days a private placement debt offering that will give it the funding for planned purchases of two asset managers specializing in quantitative equity and fixed-income strategies, respectively, CEO Jonathan Thomas said in an interview.

Volcker changes might have little impact with Basel III still around

Volcker changes might have little impact with Basel III still around

Proposals to scale back the Volcker rule won't impact the corporate bond market still working under Basel III capital requirements.

Market experts focused on political risks

Market experts focused on political risks

Investment experts are weighing in on threats to global markets.

Hawaii taking a hard look at venture capital

Hawaii taking a hard look at venture capital

Disappointed by returns, Hawaii Employees' Retirement System reconsiders its investments in venture capital.

China infrastructure a tricky investment

China infrastructure a tricky investment

Global money managers are weighing the risks and opportunities presented by China's "One Belt, One Road" program.

Special Report

Defined contribution money managers: 2017

Defined contribution money managers: 2017

Defined contribution plan money managers saw a surge in passive assets under management last year compared to 2015, according to Pensions & Investments' latest survey.

Top-performing money managers: Q2 2017

Top-performing money managers: Q2 2017

High-yield strategies dominate the list of top-performing fixed-income managers in the second quarter.

Frontlines

Editorial

It's time for the Fed to raise interest rates

It’s time for the Fed to raise interest rates

The Fed's low-interest-rate policy must end. While it helped the broad economy, it was harmful elsewhere, particularly its impact on DB plans.

A welcome push for climate-risk disclosure

A welcome push for climate-risk disclosure

Two of the largest institutional investment management firms are focused on an issue of corporate governance. How will others respond?

People Moves