China Pension Fund Seeks Foreign Investments
Chairman of $316.6 billion fund cites diversification as motivation for overseas assets.
Newsmakers
University of Michigan Endowment Returns 13.8%
Long-term portfolio assets rise to $10.9 billion from $9.7 billion.
Alaska Pension Withdraws Benefits Suspension Application
The Alaska Ironworkers Pension Plan says it will reapply before the end of the year.
TCRS Sees 11.4% Returns in Fiscal 2017
Pensions, state budgets “are as vulnerable as they have ever been,” PEW Retirement Officer says.
IRS Raises Pension Contribution Limits
Changes include increased contribution limits for 401(k), 403(b), and most 457 plans.
Administrator Takes Over Sears Canada Pension Plan
Ontario Superintendent of Financial Services appoints Morneau Shepell to oversee pension.
In Depth: Growth in Virtual-Only Meetings a Concern for Institutional Investors
Although companies cite the cost savings, shareholder advocates see virtual meetings more as a means to better control the agenda at annual meetings.
Treasury Aims to Promote Capital Markets by Reducing Restrictions
While the proposals intend to make it less onerous for public companies, market participants have concern about the impact of reduced disclosures for investors.
Germany to Free Up €1.3 Billion in 2018 Pension Contribution Cuts
Once the updated tax revenue is published, reduction can be formally agreed to on November 22.
IPERS Reveals New Search Process to Find Alpha
The $31 billion fund sheds light on its new three-phase search for investment management firms.
Dutch Pensions Adapt Blockchain Tech for Fund Administration
APG and PGGM aim to use the cryptocurrency technology to lower costs and improve services.
Church of England Pensions Board Chief Executive Bernadette Kenny Passes Away
Kenny oversaw innovative changes to the board as well as the National Church Institutions.
Two Pensions Withdraw Applications for MPRA Benefits Reduction
Teamsters Local 805 and Southwest Ohio Regional Council of Carpenters rescind suspension requests with Treasury.