Pensioners are defying the worst fears around the pension freedom reforms and are holding on to their wealth in retirement, research by Institute of Fiscal Studies reveals.
Every month, Trusted Insight reveals a roundup of five premier career opportunities unlocked and accessible for all non-paying members. This month, we are highlighting a few institutions looking for directors. Some prominent institutions include Pomona College, Indiana Public Retirement System and Johnson & Johnson.
Pension plans are very familiar with working with outside asset managers, but the Montreal-based Walter Group of companies wants to give them the opportunity to invest in the asset management business as well. "This opportunity is unique for institutional investors," says Rene Fournier, president and chief investment officer of Walter Financial Inc. With its new fund, ...
A large creditor of Abraaj Group wants a Cayman Islands court to oversee the debt restructuring of the private-equity firm, adding more legal pressure on a once-rising star of the Middle East investment world.
Texas Municipal Retirement System Is Betting On Smaller, Emerging Managers | Christopher Schelling, Director Of PE | Q&A
Christopher Schelling is the director of private equity at the Texas Municipal Retirement System, where he designed the IPS for private equity, hired consultants and staff, sourced over 500 general partners and committed $1.4 billion across 30 limited partnerships. In this interview, Schelling discusses how smaller, emerging managers helped TMRS beat their return benchmark, why machine learning might not be as effective for TMRS' decision-making process; and why public pensions need to change and innovate to be successful.
Brian Collett is the chief investment officer of Missouri Local Government Employees Retirement System. In this interview, he discusses the importance of transparency within the investment office; his technical background and how it helps his role; why MOLAGERS seeks more exposure to real assets rather than venture capital; and why aspiring CIOs should become experts across all areas.
As we live longer, the associated rise in the old-age dependency ratio puts pressure on pension systems and perhaps our standard of living. The column argues that, on average in the OECD, stabilising the old-age dependency ratio between 2015 and 2050 requires an increase in retirement age of a stunning 8.4 years. This number far exceeds the projected increase in longevity and increases in retirement age driven by pension reforms alone.
Two of the largest U.S pension funds announced the retirements of their respective chief investment officers, the CIO Council added yet another leader to their team, and Emory continues to expand its investment office. Meanwhile, Kleiner Perkins' long-time general partner is parting ways to launch her own life sciences venture fund. Here are the top moves made by asset allocators and asset managers in May 2018:
TORONTO - Ontario Teachers' Pension Plan (Ontario Teachers') today announced the appointment of Dale Burgess to the position of Senior Managing Director, Infrastructure & Natural Resources (INR), effective immediately. Based in Toronto, Mr. Burgess will be responsible for overseeing our infrastructure acquisitions and asset management globally, along with our investments in agriculture, oil and gas, timberland and minerals. He has been serving as interim head of INR since mid-February.
Every month, Trusted Insight reveals a roundup of five premier career opportunities unlocked and accessible for all non-paying members. From analyst positions to senior-level and director roles at leading public pensions, university endowments and sovereign wealth funds, here are five institutions hiring today: