Newsmakers
CalPERS: Ring’s Flippant Claim of ‘Tricky Accounting Gimmicks’ Is False
CalPERS responds to Ring’s column.
UK Pension Incomes Hit Pre-Recession High
Retirement incomes have surged 30% in the past five years.
What Lured Pellegrino?
Recruiters say Pellegrino’s choice demonstrates a trend in more crossover CIO hires.
Chappell Guilty of Failing to Give Information to TPR
Retail Acquisitions owner who bought BHS for £1 to be sentenced on Jan. 19.
CalSTRS Releases Statement on Letter to Apple
Letter calls for tech giant to offer parents more tools to curb children’s “screen” behavior.
Kentucky Pension Reform Bill Could Be Imminent
Bill is being analyzed in accordance with impact on state budget.
Arconic to Freeze US DB Plans in April
Freeze to affect 7,900 US employees.
IBM, Comcast Sponsor Blockchain Startup Fund
Fund to also connect startups with Fortune 500 clients.
UK’s USS Reaches $2.95 Billion Settlement with Petrobras
Universities pension fund reaches partial settlement of class-action suit.
Houston Issues $1 Billion in Pension Obligation Bonds
Issuance is final piece of Houston Pension Solution reform package.
Bridgewater Executive, Family Perish in Plane Crash
Family was heavily engaged in the Jewish community.
Kentucky Group Sues Funds, Alleges ‘Black Box’ Investing Led to KRS Woes
Plaintiffs allege the retirement system should have stayed with more vanilla index investments.
CalPERS Calls ESG Criticism ‘Laughable’
Report accused system’s ESG practices of ‘jeopardizing the retirement fund.’
