Research Insights
Funded Status and Investment Policy
The financial crisis resulted in severe declines in the funded status of most U.S. corporate pension funds resulting in almost universal pension deficits....
Defined Contribution plans have come a long way!
CEM has been collecting data on DB and DC plans since 1991 and 1997, respectively. As calculated in our 2006 study, DB funds outperformed DC plans from...
Hedge Fund Reality Check 2016
Pension funds need investment strategies with attractive risk and return characteristics to fund their liabilities. Hedge funds are increasingly popular...
Comparing Pension Plan Operating Costs: Correcting the Fraser Institute’s Faulty Analysis and Conclusions
The Fraser Institute recently published a paper titled “Comparing the Costs of the Canada Pension Plan with Public Pensions Plans in Ontario”.1 Based on a...
The Time Has Come For Standardized Total Cost Disclosure For Private Equity
Given the level of detail and timing of private equity manager reports, can pension funds disclose investment costs in a consistent manner across the...
Does Better Governance Produce Better Outcomes? New Evidence From The Corporate Sector
In this study, we explore the organizational and performance implications for organizations that integrate (sustainability into their) corporate policies. Our...