Magazine Articles

Table of Contents |October 1993

Reluctant Internationalists

Smaller Canadian pension plans are not taking advantage of relaxed rules which raise their international ceiling to 20%
Table of Contents |October 1993

Back From the Brink

LTV's bankruptcy meant seven years of crisis for pensioners and the PBGC. The company's reemergence marks a major victory for the private pension insurance system.
Table of Contents |October 1993

Benefits Restored

The new LTV's pension structure actually provides somewhat better benefits than the old one. It also helps the company get better control of costs
Table of Contents |October 1993

Who Wraps What, and Why

New-style GICs put the focus on flexibility, credit quality, and the provider's profile.
Table of Contents |October 1993

Timber Bulls

US timberland funds are harvesting profits like so much fresh pine. Some are already looking at other ways to make trees into money.
Table of Contents |October 1993

The Market-Neutral Move

Worried about what will happen when the bull equity market ceases to rage, some sponsors are taking a new look at market-neutral investing.
Table of Contents |October 1993

Taking the Fall

Were pension funds the fall guys of the real estate market's boom and bust? Maybe, if you look at the numbers.
Table of Contents |October 1993

The Fatal RFP

The hiring of six managers who did not meet its RFP standards has resulted in upheaval and a political battle for a big Massachusetts state pension fund.
Table of Contents |October 1993

Decade of the Upstart

Performance is slipping at Canada's big private money managers. Their pension clients are giving an ear to a new generation of challengers.
Table of Contents |October 1993

Not Dead Yet

The European Pension Directive still has a chance to make it in 1993. If it doesn't, pension unification in the EC could be years away.
Table of Contents |October 1993

New Deal for Mexican Pensions

Multinationals with pension plans in Mexico are analyzing the impact of a new obligatory state-sponsored program.
Table of Contents |October 1993

DB Managers Come Calling

Despite hurdles, some institutional money managers are making inroads in the 401(k) marketplace.
Table of Contents |October 1993

Participant’s Preference

A new analytic tool, developed by JP Morgan Investment Management and four plan sponsors, attempts to quantify plan participants' priorities.
Table of Contents |October 1993

Funds and Games

Foundations and endowments are using mutual funds to extend professional money management over as much of their portfolios as possible.
Table of Contents |October 1993

Taking Aim

CALPERS' corporate governance team produces a target list of a dozen "low-performing" companies to work with every year. Here is how they do it.
Table of Contents |October 1993

Local Hero

David Bronner, Alabama's public pension chief, is a maverick investor and political kingpin. How far will he go?
Table of Contents |July 1993

Desperately Seeking Safe Harbor

404(c) now gives defined contribution plan sponsors limited safeguards against lawsuits by beneficiaries. But compliance standards are vague, and no one knows just how far the protections extend.
Table of Contents |July 1993

School’s In

Employee sophistication is a big concern for plans that want to qualify for 404(c) protection. Some are exploring more than one route to bring their participants up to...
Table of Contents |July 1993

One Big Pension Fund

Some leading multinationals are finding ways to consolidate their North American and foreign pensions.
Table of Contents |July 1993

The Case for Marketing Reps

A new industry has grown up to serve investment managers seeking tax-exempt business. How well they serve plan sponsors is another question.