SWEDEN - AP7's Premium Savings and Premium Choice funds both bounced back last year after a torrid 2008.
GLOBAL - Pension funds are questioning the efficacy of traditional liability driven investment (LDI) strategies as the indices used to construct the strategies proved to be too backward-looking, Pacific Investment Management Co. (PIMCO) chief executive...
Denver-based asset manager Janus Capital Group has hired Richard Weil from rival Pimco as its chief executive officer.
US - Denver-based asset manager Janus Capital Group has hired Richard Weil from rival PIMCO as its chief executive officer.
US/UK - PIMCO is reducing its holdings of UK and US government bonds because of fears over increased borrowing and the withdrawal of quantitative easing programmes.
PIMCO is reducing its holdings of UK and US government bonds because of fears over increased borrowing and the withdrawal of quantitative easing programmes.
US - The California Public Employees' Retirement System will nearly halve its allocation to AllianceBernstein's international bond mandate and PIMCO's high yield mandate in response to market conditions. The pension fund also plans to sell US$8bn in fixed...
Giovanni Legorano looks at how pension funds' approach to portable alpha has had to evolve
Giovanni Legorano looks at how pension funds' approach to portable alpha has had to evolve
Giovanni Legorano explores the outlook for the ABS market, and the need for pension funds to take a long-term view while retaining an awareness of the short-term volatility of the market