496px-Canada_blank_map.svg

CPPIB Can Invest Like “An 18-Year-Old”, Says CEO As Fund Looks to Cut Bond Allocation

Canada Pension Plan Investment Board (CPPIB) CEO Mark Wiseman told Bloomberg this week that his fund can invest like “an 18-year old” as he looks to cut the fund’s bond allocation and move more money into riskier assets. CPPIB allocates 28 percent of assets to fixed income. That’s down from 95 percent 15 years ago. More from the Bloomberg interview: With ...
japan tokyo

Japan Pension CIO Gets 60 Percent Pay Raise

Japan’s Government Pension Investment Fund (GPIF) has already indicated they will increase salaries for their money managers in a bid to attract more talent. But the fund’s chief investment officer is getting a raise, as well. Hiromichi Mizuno, the fund’s CIO, will get a 64 percent pay bump this year. The GPIF hopes the gesture will demonstrate ...
japan tokyo

Japan Pension Begins Search For New Money Managers

The end of 2014 was a busy period for Japan’s Government Pension Investment Fund (GPIF). The fund overhauled its asset allocation and will be putting 50 percent of its assets in equities while cutting its bond holdings. In a related move, the fund will be looking for a new crop of money managers to handle investment duties, and the GPIF is willing ...
roulette

Biggs: Public Pensions Take On Too Much Risk

Andrew Biggs, former deputy commissioner of the Social Security Administration and current Resident Scholar at the American Enterprise Institute, penned a column for the Wall Street Journal this week in which he posed the thesis that public pension funds invest in too many risky assets. To start, he compares the asset allocations of an individual versus ...
Graph With Stacks Of Coins

The Effect of Age On Portfolio Choices

Does a person’s willingness to hold risky assets diminish as they grow older and get closer to retirement? How does aging affect portfolio choices? A paper published in the October issue of the Journal of Pension Economics and Finance aims to tackle those questions. The authors analyzed administrative data from an Italian defined-contribution plan ...
Privacy Policy | © 2020 Pension360 and © 2014 Policy Data Institute | Site Admin · Entries RSS ·