Providence, Firefighters Union Reach Pension Contribution Deal
Plan participants will contribute up to 16% of their salary under a five-year agreement with city.
Newsmakers
Mass PRIM Surpasses $100 Billion in Assets
The milestone was reached after the pension reported the highest annual returns in its 35-year history.
Ontario Pension Fund Pledges Net-Zero Emissions by 2050
The $89 billion OMERS will follow the advice of the Task Force on Climate-related Financial Disclosures.
Will Jolly Old Saint Nick Visit the Stock Market This Holiday Season?
Statistically, there’s usually a Santa Claus rally right after Christmas, and it’s a good one, says LPL’s Detrick.
Who Are the New Candidates for CalPERS’ Spring 2022 Special Board Election?
One candidate has a background in tax assessment, while the other comes from public transit.
Allocator Insights Webinar Dec. 21: Debriefing Tools and Tactics
Four top allocators will vet ideas they’re considering for an evolving investment landscape.
UK Regulator Anoints Clara-Pensions as First DB Superfund
The consolidation of pension funds is intended to provide a more efficient alternative to bulk annuities.
Penn SERS Changes Its Travel Rules to Prevent Excessive Spending by Staff
Ambiguities in travel policies have caused issues at other Pennsylvania funds.
Britt Harris and UTIMCO’s Next CIO Rich Hall Discuss Plans for the Endowment’s New Era
The CEO and CIO are planning for a secular change ahead.
Real Estate PE Firm Founder Sentenced to 5 Years for Fraud
Eric Malley pleaded guilty to scamming over 300 investors out of approximately $58 million.
6.8% Inflation Is Highest in 39 Years—What Does It Mean for Investors?
One CIO says this is an ‘inflection point.’
Detroit Pension No Longer Suing Dan Gilbert
The fund had accused the businessman of insider trading.
Breaking News: Penn SERS Names Joseph Torta Executive Director
The top two positions at the $39 billion pension fund have turned over in less than half a year.
Ontario Pension Fund Pledges Net-Zero Emissions by 2050
The $89 billion OMERS will follow the advice of the Task Force on Climate-related Financial Disclosures.