Pensions & Investments
Financial magazine
From Wikipedia, the free encyclopedia
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.
| |
| Categories | Business |
|---|---|
| Frequency | Biweekly |
| Circulation | 40,000 |
| Publisher | Nikki Pirrello |
| Founder | Rance Crain |
| Founded | 1973 |
| First issue | October 29, 1973 |
| Company | Crain Communications |
| Country | United States |
| Based in | New York City |
| Language | English |
| Website | pionline |
| ISSN | 0095-4772 |
History
In 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]