The fund also highlighted some of its largest individual investments over the past fiscal year.
The strategy was sold to approximately 114 institutional investors.
The SEC alleges that Synergy Settlement Services used funds from deceased beneficiaries’ accounts for golf tournaments and beach parties.
The pension fund has hired law firm Blank Rome to look into potential litigation.
Spawning more doubts: the shortfall on its stock price, a federal probe and a pension program lawsuit.
Last month had one of the highest single-month discount rate increases for many data collectors.
UBS’s Haefele says now is the time to belatedly board the low-cost train.
While profits have kept climbing, the rate of ascent is slowing, per FactSet.
The law is the latest in a series of legislative moves to improve struggling Illinois pensions.
Legislation would allow expenses related to changing a retirement plan’s design to be reimbursed from participants’ plan assets.
Experts predict that this trend will only accelerate throughout the year.
Future plans are vague, and it would take years for the central bank’s balance sheet to reach its pre-pandemic level.
At the Milken Institute Global Conference, institutional investors discussed rethinking their allocations, as the inflationary environment seems likely to be here for the long haul.
Turns out splitting helps a stock’s price: Cue Amazon, Alphabet, and Tesla.
CalSTRS Plans to Redefine ‘Diverse Managers’ and ‘Emerging Managers,’ in Accordance With New California Law
The investment committee will vote on whether to approve the recommendation at tomorrow’s board meeting.