Four months into new CIO Jagdeep Bachher’s tenure, longtime deputy CIO Mel Stanton has set a retirement date.
The consultancy firm is closing two UK offices and one of its senior partners is exiting, while Cambridge Associates has appointed a new UK pensions chief.
Retired workers in the bankrupt city of Detroit, Michigan, have accepted cuts to the pensions as part of a plan to help the city re-emerge from bankruptcy.
Governor Jerry Brown has signed a bill forcing board members at CalPERS to brush up on their investment knowledge.
Angelien Kemna is to hand her role as CIO of Dutch pension fund manager APG to Eduard van Gelderen on September 1.
The former chairman of Lloyds Banking Group has urged more long-term thinking from investors and called for auditors to up their game.
The insurer has taken more than $350 million of auto part manufacturer Visteon’s $1.1 billion in pension liabilities.
de Franssu, former chief of Invesco Europe, has been named president of the
scandal-ridden Vatican Bank.
UK and European pensions must consider how interest rate hikes will affect them as central banks weigh up changes to ultra-low rates.
downgraded New Jersey public pension system is building out its alternatives
team in anticipation of future opportunities.