Between 2000 and 2002, US pension funds and endowments/foundations registered dramatic changes in their asset allocations, according to a report by Greenwich Associates. Through changes in portfolio strategies, active rebalancing, asset diminishment or a combination of these factors, funds greatly reduced their investment in domestic equity while proportionally increasing their fixed-income holdings. Although still a small part of overall assets, the move into alternative investments – private equity, hedge funds and equity real estate – has also been dramatic. The report also noted that 2002 saw the continuation of a dismal story for corporate pension funds. Among a sample of 380 large corporate pension funds, total assets declined 14.6 per cent in one year, from $1.35 trillion in total assets to $1.15 trillion.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more