NJ Public Pension Fund Returns 13%, Approves Up to $525 Million to Private Asset Strats
$76 billion fund just misses benchmark for fiscal year 2017.
$76 billion fund just misses benchmark for fiscal year 2017.
Endowment gains 10.7%, grows to $24.8 billion.
Adjustments made to lower risk, and in anticipation of lower returns.
Scandal-plagued university, foundation face Moody’s downgrade.
New Act would direct Treasury to make loans to near-insolvent plans.
Official dates to be determined at Thursday’s union meeting.
The Bridgewater founder, co-CIO, and former co-CEO reveals some of his most important principles and their foundations in an exclusive interview with CIO.
Investment gains reverse fortunes of last year’s 4.3% loss, as fund hits $2.4 billion.
Investment and endowment income, net of fees, jumps to $285.2 million from $22.2 million.
Gov. Dannel Malloy said the budget would eliminate hundreds of millions of dollars in pension fund contributions.
Lifeboat fund reduces levy estimate for 2018-19 to £550 million from £615 million.