Dominic Hobson reviews Global Pension Crisis: Unfunded Liabilities and How We Can Fill the Gap

Rich Marin's new book is reviewed by Dominic Hobson.

Rich Marin,  Global Pension Crisis: Unfunded Liabilities and How We Can Fill the Gap, John Wiley & Sons 2013 

Posted on: 05 Sep, 2013
Posted in: Asset Safety

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FundForum International 2013

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Local Insights: Bringing Countries Closer to Our Clients

In an increasingly complex world, there’s no substitute for being local. Particularly in emerging markets..

Reduce capital rules for clearing brokers, says ISDA

Industry lobby calls for BCBS to loosen requirements on direct clearing member banks

Posted on: 04 Apr, 2013
Posted in: Derivatives

Canadian pension funds reveals 13% rate of return for 2012

Total assets up to £130bn following bumper year for Ontario Teachers

Posted on: 03 Apr, 2013

EU regulators will struggle to digest data provided by algos and HFTs following MiFID II

European regulators will struggle to digest much of the data they receive from algorithmic traders and high-frequency-traders (HFTs) once the Markets in Financial Instruments Directive II (MiFID II) takes effect.

Posted on: 23 Oct, 2014
Posted in: Regulation

Fund managers' exit strategies from service providers still inadequate

Asset managers are still struggling to implement adequate exit strategies at their outsourced service providers despite the UK Financial Conduct Authority’s (FCA) tough stance on the issue.

Posted on: 23 Oct, 2014
Posted in: Regulation

Hedge fund managers to increasingly defer performance fee pay-outs

The decision by California Public Employees’ Retirement System (CALPERS) to exit hedge fund investing coupled with the Internal Revenue Service’s (IRS) ruling that now permits managers to charge performance fees cumulatively without falling foul of a 2008 tax law change, could lead to more firms deferring performance fee pay-outs.

Posted on: 23 Oct, 2014

Capital adequacy regime under Solvency II could be extended to pensions

Pension funds could dramatically reduce their exposures to alternative asset classes should the Solvency II capital adequacy regime currently imposed on insurance companies be extended to pensions. 

Posted on: 23 Oct, 2014
Posted in: Regulation

Russia continuing with pension reform

Russia is committed to pushing through pension fund reforms amid concerns the government was rolling back on its liberalising measures, according to the Deputy Minister of Finance of Russia, speaking at the Moscow Exchange Forum in London. 

Posted on: 23 Oct, 2014
Posted in: Regulation

Regulators must take preventative not reactive approach to mitigate CCP failures

Global regulators and financial institutions should focus on preventative rather than reactive measures to mitigate the knock-on effects of a central counterparty clearing house (CCP) running into difficulty if one of its clearing members defaults.

Posted on: 16 Oct, 2014
Posted in: Regulation

AIFMs outsourcing Annex IV to fund admins could be forced to disclose data to investors

Firms outsourcing the compilation and submission of their Annex IV to fund administrators could find themselves under pressure to disclose the document to investors if administration costs are borne by the fund.

Posted on: 15 Oct, 2014
Posted in: Regulation

FICC seeks regulatory approval to offer clearing in tri-party repo market

The Fixed Income Clearing Corporation (FICC) is seeking regulatory approval from the Securities and Exchange Commission (SEC) and Federal Reserve to provide centralised clearing for the $1.6 trillion institutional tri-party repo market.

Posted on: 15 Oct, 2014
Posted in: Regulation

GAIM Ops: Managers urged to collect static Annex IV data

Fund managers impacted by the Alternative Investment Fund Managers Directive (AIFMD) should begin collecting static data from their counterparties to start populating the Annex IV report so as to avoid a mad rush when the deadline approaches.

Posted on: 10 Oct, 2014
Posted in: Regulation

GAIM Ops: Asian fund passporting schemes could threaten UCITS

A source close to the Central Bank of Ireland (CBI), the Irish regulator, has said fund passporting schemes in Asia could facilitate reduced access for UCITS managers to investors in the region.

Posted on: 10 Oct, 2014
Posted in: Regulation
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Posted on: 11 Jun, 2014

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Posted on: 12 Mar, 2014
Posted in: Regulation