Newsmakers
Connecticut Governor Strikes Deal to Save State Pension
New deal would provide ‘hundreds of millions of dollars in budgetary relief’ for the troubled state pension.
Last Days to Nominate Your Picks for the 2019 CIO Innovation Awards
CalSTRS CIO Says Trump Tweets are a ‘Key Market Risk’ to Monitor
Despite the present ‘Goldilocks’ economy, Christopher Ailman is keeping a sharp eye on the president’s Twitter page.
Illinois Pension Buyout Program Falls over $400 Million Short of Goal
Buyout plans were expected to save $423 million, but only saved $13.1 million.
CalPERS In-State Investment Program is Up More than 11%
Meanwhile, plan is winding down its money-losing in-state private equity program.
Last Week to Nominate Your Picks for the 2019 CIO Innovation Awards
Gary Bruebaker to Appear on Next CIO Podcast
Washington State pension CIO to talk career highlights and challenges, advice from CalSTRS chief Chris Ailman.
Kentucky Finally Passes a Pension Reform
Bill targeting quasi-governmental agencies gets state Senate OK, and Gov. Matt Bevin, its author, signs shortly after.
The 3 Things that Threaten the Stock Rally
Look out below if the Fed doesn’t ease much, earnings dip, or the trade war heats up.
Facebook to Pay $5.1 Billion to FTC, SEC over Privacy, Data Violations
Regulators accuse social media giant of deceiving users and investors.
Less than 2 Weeks to Nominate Your Picks for the 2019 CIO Innovation Awards
Dutch Pension Plans to Merge, Creating a $23.4 Billion Fund
Push to join two public transit retirement programs fell through in 2016, but SPF recently restarted discussions.
First State Super, Vic Super to Merge
Combined Australian mega-fund expected to take shape by June 2020.
Sonoco Terminates US Defined Benefit Pension Plan
Firm contributed $190 million to plan to boost funded level to 97%.
