For the world’s largest asset owners
January 10, 2020
CalSTRS Rejects Fossil Fuel Divestment

A  report details CalSTRS policy of engaging fossil fuel companies rather than dumping their stock, which it sees as a last resort and potentially harmful to the portfolio.

 CalSTRS Rejects Fossil Fuel Divestment
Good Job Growth Shows Bosses’ Trade War Fear Has Ebbed, Economist Says

Pantheon’s Shepherdson finds that need for hiring amid solid economic growth calmed worries.

Good Job Growth Shows Bosses’ Trade War Fear Has Ebbed, Economist Says
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Cedars-Sinai Appoints CIO for $8B Portfolio
SEC Seeks Final Judgment Against Former Western Asset Management Exec Ken Leech
CPP Investments Partners With AT&T, GIP on Fiber Joint Venture
Octagon Credit Investors Names Investor Relations Head
San Diego Seeks CIO
Cresset Capital Names Joe Zidle as Chief Market Strategist
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Multi-Sector Credit: Outlook 2020

Seeking value amid low rates, rising risk and political uncertainty

Despite Robust Returns, Funding Level for Top 100 US Corporate Plans Drops in 2019

Record-low rates negate plans’ 15.66% investment return for the year.

Despite Robust Returns, Funding Level for Top 100 US Corporate Plans Drops in 2019
Musicians’ Pension Fund Applies for Benefits Cut

Proposed reductions would affect nearly half of plan’s 51,000 participants.

Musicians’ Pension Fund Applies for Benefits Cut
Innovation Award Winner: Jim Grossman of Pennsylvania Public School Employees’ Retirement System (PSERS)

Keystone State pension program chief honored for public defined benefit plan between $20 billion and $100 billion.

Innovation Award Winner: Jim Grossman of Pennsylvania Public School Employees’ Retirement System (PSERS)
Editorial: CIOeditors@issmediasolutions.com
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