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Categories | Business |
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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 |
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.
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]