September 2018
13Sep

The world’s largest pension funds – year ended 2017

Assets under management of the world's largest pension funds totalled US$18.1 trillion in 2017. Funds increased their value by 15.1% in 2017, compared to an increase of 6.1% in 2016. Strong market returns for all major asset classes helped boost pension assets during the year. The top 20 funds experienced a higher increase than the overall ranking (17.4%), thus increasing their relative size to 41.1% of total assets. North America remained the largest region in terms of AUM, accounting for 42.3% of all...

September 13, 2018
Books, Corporate Governance, Management, Pension design, Slider-Left, ,
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08Sep

Retirement Savings Policy: Past, Present, and Future

By Michael P. Barry "Mike brings to this work his comprehensive experience and consummate technical talent in a beautifully readable book. A treasure." --Frank Cummings, Former Adjunct Lecturer in Law at UVA Law School, Columbia Law School, NYU Law School, and ALI-ABA Retirement Savings Policy reviews the basic policies that govern retirement savings plans, and their real world application, focusing on the key issues of finance, taxation, fiduciary conduct, and employee choice. The discussion is framed around the three fundamental challenges confronting...

September 8, 2018
Books, Regulation, Savings,
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08Sep

2018 Retirement preparedness survey: A Generational Challenge

By Prudential The U.S. retirement landscape has changed dramatically over the past few decades. Fewer workers today are eligible to receive a pension and instead must save for their own retirements, typically through workplace savings plans. Replacement rates for Social Security are declining due to the increase in the “full retirement age.”1 Income is becoming less predictable, thanks in part to new employment models. Health care costs are increasing, and so is longevity—which means workers today don’t just have more...

September 8, 2018
Aging, Books, Labor Market, Savings, , ,
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03Sep

China's Pension Reforms: Political Institutions, Skill Formation and Pension Policy in China (China Policy Series)

By Ke Meng Existing literature has looked at many factors which have shaped Chinese pension reforms. As China’s pension reform proceeds in an expanding and localising fashion, this book argues that there is a pressing need to examine it in the context of China’s political institutions and economic transformations. The book takes a unique approach by looking at political institutions of the Chinese state and the changing conditions of the Chinese economy, which rarely receive proper treatment in the current...

September 3, 2018
Books, Pension design, Regulation, , ,
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03Sep

China’s Pension Reforms: Political Institutions, Skill Formation and Pension Policy in China (China Policy Series)

By Ke Meng Existing literature has looked at many factors which have shaped Chinese pension reforms. As China’s pension reform proceeds in an expanding and localising fashion, this book argues that there is a pressing need to examine it in the context of China’s political institutions and economic transformations. The book takes a unique approach by looking at political institutions of the Chinese state and the changing conditions of the Chinese economy, which rarely receive proper treatment in the current...

September 3, 2018
Books, Pension design, Regulation, , ,
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03Sep

Advances in the Practice of Public Investment Management: Portfolio Modelling, Performance Attribution and Governance

By Narayan Bulusu ,‎ Joachim Coche,‎ Alejandro Reveiz,‎ Francisco Rivadeneyra,‎ Vahe Sahakyan,‎ Ghislain Yanou This book covers the latest advances in the theory and practice of public investment management. It includes the most up-to-date developments in the implementation of public asset management - including multiple contributions on portfolio allocation in varying interest-rate and credit-risk environments. Other highlights include implementation, performance attribution and governance issues surrounding reserves management, portfolio construction techniques appropriate for public investors and an in-depth discussion of the...

September 3, 2018
Books, Investing, Management, Pension design,
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August 2018

25Aug

Social Security Programs and Retirement around the World: The Relationship to Youth Employment (National Bureau of Economic Research Conference Report)

By por Jonathan Gruber ,‎ David A. Wise  Many countries have social security systems that are currently financially unsustainable. Economists and policy makers have long studied this problem and identified two key causes. First, as declining birth rates raise the share of older persons in the population, the ratio of retirees to benefits-paying employees increases. Second, as falling mortality rates increase lifespans, retirees receive benefits for longer than in the past. Further exacerbating the situation, the provisions of social security...

August 25, 2018
Aging, Books, Labor Market, , ,
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25Aug

Financial Literacy: Empowerment in the Stock Market

By Ali Saeedi &‎ Meysam Hamedi  This book provides an overview of current issues associated to financial literacy improvement. In selecting and structuring the material to include, the primary criterion has been applicability of topics and recommendations and accuracy of trends toward better financial literacy level. Each chapter is dedicated to a particular component of financial literacy from education to capability. Throughout the book, there are many practices initiated around the world which, regardless of their superiority, are all useful initiatives...

August 25, 2018
Books, Investing, Labor Market, , ,
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18Aug

The Economics of Artificial Intelligence: An Agenda

By Ajay Agrawal, Joshua Gans, and Avi Goldfarb Artificial intelligence (AI) technologies have advanced rapidly over the last several years. As the technology continues to improve, it may have a substantial impact on the economy with respect to productivity, growth, inequality, market power, innovation, and employment. In 2016, the White House put out several reports emphasizing this potential impact. Despite its importance, there is little economics research on the topic. The research that exists is derived from past technologies (such...

August 18, 2018
Aging, Books, Labor Market, ,
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18Aug

Corruption and Fraud in Financial Markets: Malpractice, Misconduct and Manipulation

By Professor Carol Alexander Identify and stop potential issues before they become finable offences Corruption and Fraud in Financial Markets offers financial industry professionals with a comprehensive study on malpractice, misconduct and manipulation. Chapters cover detection, prevention and regulation of corruption and fraud within different financial markets. Written by experts at the forefront of finance and risk management, this book details the many practices that bring potentially devastating consequences, including insider trading, price manipulation, bribery, false disclosure, volume manipulation, spoofing, options...

August 18, 2018
Books, Investing, Regulation, Supervision,
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