Schemes are underestimating the risks they are exposed to by up to 20% by basing their assumptions on "normality" and limiting their definition of risk, J.P. Morgan Asset Management says.
BlackRock has sharpened its focus on the defined contribution market with the appointment of a head of pensions administration services to develop its DC administration proposition.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
J.P. Morgan Asset Management has boosted the European operations of its strategic investment advisory group with a senior hire in a newly created role.
EUROPE - J.P. Morgan Asset Management has appointed Professor Paul Sweeting as European head of the Strategic Investment Advisory Group (SIAG).
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
JP Morgan Asset Management, UniSuper, BNY Mellon, International Asset Management, Russell Investments
JAPAN - Japanese pension funds plan to increase investments in alternative assets and pare their holdings of domestic bonds and stocks this fiscal year to diversify portfolios and bolster returns, a survey showed.
The £1.4bn Superannuation Arrangements of the University of London pension fund is looking at changing its benefits structure, PP has learned.