While indexes finally should rise above 2%, structural forces should keep it low.
Democratic AG seeks to overturn GOP-passed measure that would move teachers into a hybrid retirement plan.
Pension funds are looking for expert advice on how to extract fossil fuels from portfolios.
Fund’s investments had been managed by consultants since August.
UBS said it expects Chinese mutual fund assets to reach nearly $7.5 trillion.
Report says pension cuts reduce the public sector’s ability to compete for new employees.
Referendum calls for social objectives to be factored into investment decisions.
Spate of applications brings 2018 total to five funds seeking permission to reduce benefits.
Private equity saw the biggest drop, 9.6%.
Responsibilities will be divided between two newly created independent companies.
Special fiduciary warned the fund would be depleted by 2025 without action.
Fund calls social media juggernaut’s current governance style an insufficient ‘whack-a-mole approach.’
Union warns a strike is likely if the company shutters the defined benefit plan.
CFO calls decision an ‘an important milestone.’
Four-plus hour debate leaves Democratic, Republican leaders equally dissatisfied with reform.