“If you were advising your son/ daughter today on a career in finance/ investing, would you recommend the FoHF industry?”
As someone who has been a strong advocate for the industry this takes some saying.
That said, I have no doubt that the large institutional quality names will survive and thrive – the [...]
“In short, private equity buyouts catalyze the creative destruction process in the labor market, with only a modest net impact on employment.”
US Census Bureau for Academic Studies, October 2011
For a publicity shy industry, private equity has been attracting an enormous amount of attention lately. Given Governor Mitt [...]
The debate over whether private equity is a force for good or evil is particularly maddening because no-one is taking the time to clarify what we are talking about. I want to take a quick look at that before, on Monday, responding to some of the attacks leveled against the industry, and suggesting where the political [...]
If you are underwhelmed by the accounting and regulatory hocus-pocus enabling public sector plans to hide the the true scope of their funding challenges with aggressive discount rates, you will be even more disappointed, but I venture not surprised, to discover that things are even murkier in the poorly covered world of Taft-Hartley (or multi-employer) [...]
I read the latest report by the Center for Retirement Research (Boston College), titled ‘The Funding of State and Local Pensions: 2011-2015′, with interest. CRR always produces a useful analysis of the current state of (under) funding covering approximately 90% of the assets in U.S. state administered plans and 30% of those plans [...]
With apologies for the extended blogging hiatus. I became a father to a beautiful baby girl in January and was recently married in Sydney, Australia. Both life-changing and exhilarating events that have taken all my energy and attention!
Back to reality this week. I’ll take a look at the recent CRR report on the funding [...]
Give me six hours to chop down a tree and I shall spend the first four sharpening the axe. Abraham Lincoln
Given their intertwined histories, global influence and shared democratic and social principles, it has become commonplace to compare and contrast the experiences of the U.S. and the U.K. Given the competitive nature of Wall [...]
Data from a new report by Greenwich Associates reveals that the average U.K. defined benefit (DB) pension plan is funded at approximately 84% (slightly up on 2010). There is significant dispersion across the public and private sector. Greenwich Associates’ survey puts mean funding of local government plans at 79% (whereas the
The Top 10 thought leaders within the asset management industry for 2011 are:
- No public Twitter messages.