Deals & People July 9, 2012

Callan Names VP for New Jersey Office

Callan Associates hired Yosangel G. Haddad as vice president.

 

 

Reported by

Haddad will be responsible for working with a variety of large public and corporate defined benefit (DB) and defined contribution (DC) fund sponsors. He will be based in Callan’s new location in Summit, New Jersey, and will report to Millie Viqueira, senior vice president and head of the firm’s New Jersey Fund Sponsor Consulting office.

Before joining Callan, Haddad was a relationship manager at Fisher Francis Trees & Watts Inc., in New York. His responsibilities included investment communications and support for central banks, official institutions and sovereign wealth funds. Additionally, he assisted in business development, client portfolio compliance and preparation of investment, benchmark and guideline analysis for clients and prospects.

Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.

Haddad also spent 11 years with Mercer Investment Consulting as principal, investment consultant, where he managed client relationships that included institutional fund sponsors in the U.S., Caribbean and a large sovereign wealth fund in Latin America. He also designed, implemented and monitored investment structures for DC plans and developed asset mapping strategies for DC plan integration projects to ensure they met Employee Retirement Income Security Act (ERISA) and Department of Labor (DOL) guidelines.

Haddad earned his bachelor’s degree and his master’s in business administration from The Zicklin School of Business. He is fluent in Spanish.

 

The Markets July 9, 2012

Real Estate Number One Alternative Asset of Pension Funds

 Total alternative assets managed on behalf of pension funds by the top 100 managers (ranked by pension fund assets) was $1.2 trillion in 2011.
Reported by

According to Towers Watson’s Global Alternatives Survey, this represents 49.2% of the approximately $2.5 trillion total assets under management (AuM). Of the asset classes in the survey, real estate remained the largest block of alternative assets for pension funds (39.7%), followed by private equity fund-of-funds (18%), private equity (14.1%) and hedge funds (9.8%).  

Total alternative assets managed on behalf of all clients by the top 100 managers was $3.14 trillion. Pension funds represent one-third of the total AuM, followed by insurance firms, sovereign wealth funds and foundations and endowments.  

Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.

Of all alternative asset classes report, real estate is the largest block (35%), followed by private equity (22%), hedge funds (21%), private equity fund-of-funds (9%), fund of hedge funds (6%), infrastructure (4%) and commodities (3%).  

As for where assets are invested, North America accounts for the largest share of alternative assets, followed by Europe and Asia Pacific.  

The Global Alternatives Survey report can be downloaded from http://www.towerswatson.com/research/7415. 
 

 

«