Skip to main content

Main menu

  • Home
  • Past Guides
  • About the Guides
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • LinkedIn
  • Twitter

User menu

  • Sample our Content
  • Subscribe Now
  • Log in

Search

  • ADVANCED SEARCH: Discover more content by journal, author or time frame
PMR Guides
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Sample our Content
  • Subscribe Now
  • Log in
PMR Guides

PMR Guides

ADVANCED SEARCH: Discover more content by journal, author or time frame

  • Home
  • Past Guides
  • About the Guides
  • LinkedIn
  • Twitter
Article
Open Access

Editor’s Letter

Brian R. Bruce
Special Issues Fall 2014, 2014 (1) 2-3
Brian R. Bruce
Editor-in-Chief
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • Article
  • Info & Metrics
  • PDF
Loading

In the report on World Population Aging, published in 2013 by The Department of Economic and Social Affairs of the United Nations,it stated:“The global share of older people (aged 60 years or over) increased from 9.2 percent in 1990 to 11.7 percent in 2013 and will continue to grow as a proportion of the world population, reaching 21.1 percent by 2050. Globally, the number of older persons (aged 60 years or over) is expected to more than double,from 841 million people in 2013 to more than 2 billion in 2050.” Bank of America’s Sarbjit Nahal and Beijia Ma are quoted in the June 12, 2014 Business Insider as saying “Longevity risk is hugely underestimated. Longevity risk will be one of the most significant challenges facing retirement systems over the next 50 years, with global annuity and pensionrelated exposure estimated to be as high as US$1525 trillion.”

With our goal for the guides to provide a single reference to the investment community on cutting edge topics in mind, we bring you the guide to Pension and Longevity Risk Transfer for Institutional Investors. The guide includes discussions about the first steps in longevity risk management, balancing longevity risk, terminated vested cashouts, analyzing the costs and benefits of pension risk transfer, mortality plateaus and the pricing of longevity insurance,longevity risk assessment for defined benefit pension plans,and the riskreturn appraisal of longevity swaps.

As always, we hope you find the information presented in the guide useful and insightful.

BRIAN R. BRUCE

Editor

BRIAN R. BRUCE

Editor

Brian is CEO and Chief Investment Officer of Hillcrest Asset Management,an institutional equity management firm based in Dallas. He is also an adjunct professor at Baylor University.

Brian previously was Chief Investment Officer in charge of equity management and research at PanAgora Asset Management. PanAgora has over $23 billion in institutional equity assets. Prior to joining PanAgora, Brian was a professor at Southern Methodist University and President and Chief Investment Officer of InterCoast Capital, a Dallasbased subsidiary of a Fortune 500 energy company.He previously worked at State Street Global Advisors,the Northern Trust Company,and Stein Roe & Farnham.

Brian received his M.B.A. from the University of Chicago, M.S. in Computer Science from DePaul University,and a B.S.in Business Administration from Illinois State University.He is a member of the Illinois State University College of Business Hall of Fame and is winner of the University of Chicago Graduate School of Business CEO Award.

Brian has published numerous scholarly articles and books including “Analysts,Lies,and Statistics,“ which he coauthored with Harvard Business School professor Mark Bradshaw. He is also the EditorinChief of Institutional Investor’s The Journal of Investing, Editor of The Journal of Trading, Editor of The Journal of Index Investing,and Editor of the Journal of Behavioral Finance.Brian frequently appears in the media including NBC, ABC, CNBC, The Wall Street Journal, Bloomberg, The Washington Post, The New York Times, Associated Press, Reuters, The Financial Times, and Business Week. Brian also serves on many boards of directors including The Center for Investment Research, the Cushing investment funds, the Dreman family of mutual funds, the CM family of mutual funds, and the Institute of Behavioral Finance. Email: bbruce{at}investmentresearch.org

Footnotes

  • Publisher’s Note:

    In appreciation for being a valued subscriber to one of Institutional Investor’s thoughtprovoking publications,pleaseenjoy this issueof our GuideSeries—Pension & Longevity Risk Transfer for Institutional Investors. Institutional Investor Journals publishes the Guide Series; authoritative industry practitioners and academics write the timely and informative articles.

    I thank the sponsor for its support of this indepth research publication. Please note that no sponsor has influence on the editorial content found in Pension & Longevity Risk Transfer for Institutional Investors. Editorial content is at the sole discretion of the editor.

    I hope that this issue finds a place in your library now and as a reference for years to come. For more information, please visit www.iiguides.com.

    Allison Adams, Group Publisher Institutional Investor Journals aadams{at}iijournals.com

  • © 2014 Pageant Media Ltd

PreviousNext
Back to top

Explore our content to discover more relevant research

  • By topic
  • Across journals
  • From the experts
  • Monhtly highlights
  • Special collections

In this issue

Special Issues: 2014 (1)
Special Issues
Vol. 2014, Issue 1
Fall 2014
  • Table of Contents
  • Index by author
Print
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on PMR Guides.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
Editor’s Letter
(Your Name) has sent you a message from PMR Guides
(Your Name) thought you would like to see the PMR Guides web site.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Citation Tools
Editor’s Letter
Special Issues Sep 2014, 2014 (1) 2-3;

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Save To My Folders
Share
Editor’s Letter
Special Issues Sep 2014, 2014 (1) 2-3;
del.icio.us logo Digg logo Reddit logo Twitter logo Facebook logo Google logo LinkedIn logo Mendeley logo
Tweet Widget Facebook Like LinkedIn logo

Jump to section

  • Article
    • Footnotes
  • Info & Metrics
  • PDF

Similar Articles

Cited By...

  • No citing articles found.
  • Google Scholar

More in this TOC Section

  • Index Investments That Shine
  • Evolution of European ETFs
  • Editor’s Letter
Show more Article
LONDON
One London Wall, London, EC2Y 5EA
United Kingdom
+44 207 139 1600
 
NEW YORK
41 Madison Avenue, New York, NY 10010
USA
+1 646 931 9045
pm-research@pageantmedia.com
 

Stay Connected

  • LinkedIn
  • Twitter

MORE FROM PMR

  • Home
  • Awards
  • Videos
  • About PMR

INFORMATION FOR

  • Academics
  • Agents
  • Authors
  • Content Usage Terms

GET INVOLVED

  • Advertise
  • Publish
  • Article Licensing
  • Contact Us
  • Subscribe Now
  • Log In
  • Update your profile
  • Give us your feedback

© 2022 Pageant Media Ltd | All Rights Reserved

  • Site Map
  • Terms & Conditions
  • Privacy Policy
  • Cookies