Pension funds
Hedge funds poorly positioned for DC
unds could suffer from DB de-risking, consultants claim
Pension funds snub swaps over margin demand
Liabilities now being matched with bonds or property, says AllianceBernstein
State Street fines put spotlight on transition management firms
Review of overlooked sector follows £22.9 million penalty for overcharging customers
Pension funds call for clearing exemption extension
Funds cite inability to post non-cash variation margin as grounds for further relief
Why collateral research misses the point
There may be an aggregate collateral surplus, but pension funds and other firms that would face big margin calls in a rising-rate environment are not reassured
Fear the repo: funds face up to rate-contingent liquidity risks
As interest rates rise, big fixed-rate receivers such as pension funds will all slide out-of-the-money at the same time, potentially triggering huge margin calls. Some are already trying to soften the blow, rather than relying on a repo market that could…
Pooled funds in clearing limbo
Pension funds will not have to clear in Europe until at least mid-2015, but what about the vehicles some use to scale up their hedging transactions? As things stand, lawyers are giving different answers – and the industry wants regulators to clarify the…
Pooled fund clearing questions vex CVA desks
Dealers and pension funds still waiting for clarity on whether hedging vehicles are covered by Europe's swap clearing exemption
Longevity risk under Solvency II
Longevity risk under Solvency II
Hedge funds can rescue pension fund industry, says Cern pension chief
Radical conservative
Cern Pension chief urges others to ‘think like global macro hedge funds’
CEO of the Cern Pension Fund Theodore Economou says pension funds should use the techniques of the best global macro hedge fund managers to control risk and volatility while producing absolute returns
Insight Investment: The need for non-cash variation margin
Pension funds tend not to have a lot of cash lying around, making it difficult for them to meet clearing house margin calls. Specialist asset manager Insight Investment is pressing for a solution. By Tom Osborn
36 South opens volatility hedge fund for US pensions
US pension funds are attracted by the low correlation to mainstream asset classes offered by 36 South's flagship fund, says its CIO. He says European funds should not ignore the US market
Defined benefit pension strategy with stochastic volatility
Defined benefit pension strategy with stochastic volatility
Insurers eye longevity risk trades with Canadian and Dutch pension schemes
Influx of new swap intermediaries and improved risk modelling to spur expansion
DOL paves way for US pension funds to clear swaps
FCMs and pension funds welcome long-awaited Department of Labour advisory opinion
Huge RPI swaps move catches market flat-footed
Some dealers said to have suffered losses after surprise decision to leave RPI methodology unchanged
Collateral clawback fears leave US pension funds unable to clear
Banks and pension plans are waiting for the US Department of Labor to clarify whether initial margin counts as plan assets
The unintended consequences of the UFR
Annuity dawns
Sponsored statement: Standard Chartered
Asia’s local capital markets stand on the verge of a boom