Towers Watson

Government-owned Australian specialty manager QIC has entered the U.S. market to build its infrastructure portfolio and take on U.S. investors.
Chinese stocks swing wildly; revised U.K. GDP figures show improvement; Puerto Rico seeks bankruptcy protection.
New products from Pantheon Ventures and Partners Group are part of a push by private equity firms to tap the defined contribution market.
Although employees want guaranteed income solutions, defined contribution plan sponsors fear the legal risks of offering such benefits.
Ford, General Motors and Verizon are among a growing number of U.S. companies taking measures to reduce the risk in their pension plans and, according to Ari Jacobs of Aon Hewitt, increase the liquidity of their assets.
Firms specializing in foreign exchange now offer institutional investors beta strategies that can lower equity risk and diversify portfolios.
Traditional pension plans are being preserved in strong, competitive industries like utilities, energy and big pharma.
Audit, tax and advisory services firm KPMG has boosted its pension team in South of England by hiring Philip Baker as director.
Towers Watson has appointed EVestment Alliance as hedge fund data collection partner.
Professional services company Towers Watson has appointed Peter Lewis as head of its U.S. real estate investment manager research team.