aiCIO Magazine to Present Its First Lifetime Achievement Award to Fixed Income Innovators Jess Yawitz and Bill Marshall

NEW YORK, Nov. 29, 2011 /PRNewswire/ -- aiCIO magazine will present its first annual Lifetime Achievement Award to Jess B. Yawitz, Ph.D. and William J. Marshall, Ph.D. at the aiCIO 2011 Industry Innovation Awards on December 1, at Chelsea Piers in New York.

"Jess and Bill reinvented the art and science of fixed income investing with their path-finding research on minimizing pension plan risk," said Kip McDaniel, the magazine's editor-in-chief. He noted that as academics and investment professionals, they recognized decades ago that a focus on pension liabilities was often a more important determinant in constructing portfolios than a focus on the performance of assets relative to peers.

"The advantages of liability-driven investing may seem obvious today, but Jess and Bill were the first to demonstrate how it could be effectively implemented in pension plan portfolios," McDaniel added.

Yawitz is chairman and CEO and Marshall is president of St. Louis-based NISA Investment Advisors, which manages assets exceeding $80 billion for pension plans, insurance companies, nuclear decommissioning trusts and other institutional investors. NISA counts among its clients more than a third of the 50 largest corporate defined benefit plans in the US.

"Jess and Bill and their NISA colleagues have almost single-handedly changed the pension industry's approach to de-risking portfolios, and in the process have built a premier fixed income management firm," said Charles Ruffel, founder of PLANSPONSOR magazine and a member of the board of Asset International, Inc., parent company of aiCIO magazine.

About Asset International
Asset International is a privately-held provider of information and technology to global pension funds, asset managers, financial advisers, banking service providers, and other financial institutions in the private and public sector. Its industry-leading brands include Strategic Insight, SIMFUND, Plan For Life, PLANSPONSOR, PLANSPONSOR Europe, PLANADVISER, aiCIO, Global Custodian, and The Trade. The company has offices in New York, Boston, Hong Kong, London, Melbourne and Stamford, CT.  For additional information please visit www.assetinternational.com.

SOURCE Asset International