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“Risk-Free” Liabilities: Efficient Pension Management Requires The
“Risk-Free” Liabilities: Efficient Pension Management Requires The

... is relatively transparent due to the migration toward markingto-market assets and liabilities. This leads sponsors to make more conscious decisions about risk, which often results in taking less risk. When that happens, the smoothing mechanism in funding regulations can be counterproductive and actu ...
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... As you saw on page 1, fixed income as a broad asset class typically does not move in lockstep with the stock market. Because of its low correlation to equities, fixed income provides a good source of diversification and can help manage the volatility of the stock market. It’s important to also under ...
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... Last year did not disappoint when it came to drama in global financial markets. Investors were forced to endure some pretty big swings in asset prices, and those who require income from their investments learned that generating yield became harder instead of easier as the year progressed. In fact, t ...
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... •Payments to be made no later than 7 days after the month which they are due •Data in respect of reductions to be made by 15th day •Interest is payable on outstanding contributions •Monitoring duty placed on PO or any party appointed by Fund •Should non payment continue for 90 consecutive days, moni ...
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Investment management

Investment management is the professional asset management of various securities (shares, bonds and other securities) and other assets (e.g., real estate) in order to meet specified investment goals for the benefit of the investors. Investors may be institutions (insurance companies, pension funds, corporations, charities, educational establishments etc.) or private investors (both directly via investment contracts and more commonly via collective investment schemes e.g. mutual funds or exchange-traded funds).The term asset management is often used to refer to the investment management of collective investments, while the more generic fund management may refer to all forms of institutional investment as well as investment management for private investors. Investment managers who specialize in advisory or discretionary management on behalf of (normally wealthy) private investors may often refer to their services as money management or portfolio management often within the context of so-called ""private banking"".The provision of investment management services includes elements of financial statement analysis, asset selection, stock selection, plan implementation and ongoing monitoring of investments. Coming under the remit of financial services many of the world's largest companies are at least in part investment managers and employ millions of staff.Fund manager (or investment advisor in the United States) refers to both a firm that provides investment management services and an individual who directs fund management decisions.According to a Boston Consulting Group study, the assets managed professionally for fees reached an all-time high of US$62.4 trillion in 2012, after remaining flat-lined since 2007. Furthermore, these industry assets under management were expected to reach US$70.2 trillion at the end of 2013 as per a Cerulli Associates estimate.The global investment management industry is highly concentrated in nature, in a universe of about 70,000 funds roughly 99.7% of the US fund flows in 2012 went into just 185 funds. Additionally, a majority of fund managers report that more than 50% of their inflows go to just three funds.
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