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Pensions & Investments
Pensions & Investments (P&I) is a business magazine that focuses on pensions and investment management for institutional investors. It is owned by Detroit-based Crain Communications. HistoryIn 1973, Crain Communications President Rance Crain established P&I as a spin-off from Business Insurance , an insurance journal established by his father in 1917. While Business Insurance had covered pensions, Crain thought a new publication was required to cover the growing complexities of pension investments.[1][2] The first issue of P&I came out on October 29, 1973, just about a year before the Employee Retirement Income Security Act of 1974 was signed into law by then-President Gerald Ford. The main emphasis was on news with the first issue running a front-page story headlined, "IH dumps Harris, two other managers."[2][3] P&I expanded beyond pensions to cover other forms of institutional investments such as defined contribution plans, endowments and foundations, and sovereign wealth funds.[3] In October 2004, Morningstar, Inc. acquired a separate account database from P&I.[4] In October 2012, P&I opened an editorial bureau in Singapore to provide more coverage on Asia.[3] From its first issue onwards, P&I publishes on a biweekly basis.[2][3] References
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