Move is expected to eliminate mandatory pension funding through 2021.
Managers see increase in negotiating leverage as investors flock to asset class.
In addition, Credit Suisse survey shows more than 70% of institutional investor portfolios incorporate hurdle rates and founder’s share class structures.
The proportion of self-employed workers in the UK continues to grow.
The 10th-largest US public pension fund reported solid Q2 results just last week.
Acting chief executive replaces Joanne Segars, who resigned in April.
Firms’ short-term cash holdings have moved away from money-market prime funds towards government funds.
Many see US equity valuations as stretched, and emerging markets offering the most opportunities in the next few years.
Fund’s new investment model emphasizes active management over indexing.
Union doesn’t offer a recommendation, but calls proposals “best achievable” package.
Says US fiscal policy will be less expansionary than previously assumed.
Only $4 billion raised in Q2, with record $19 billion raised in Q1 likely eating into demand.
Pension becomes only the second fund to be approved for cuts under Klein-Miller.
Goldman Sachs Asset Management: Continued Emerging Market Outperformance, Rising Inflation in Second Half
The firm sees widening economic expansion, higher volatility in 2H2017 in its Q3 investment outlook.
Award nominations close August 4.