LCP Expects Record Year for UK Pension De-Risking in 2023
Buy-in and buy-out volumes are forecast to top 2019’s record of £43.8 billion
News
U.S. State, Local Public Pensions Saw Funding Statuses Fall in 2022
The Equable Institute recently released its year-end update to State of Pensions 2022, covering the funding status of public pensions across the country.
Diversity Improves for Foundation Asset Managers
Some 18% of assets were managed by women- and minority-owned firms in 2022, a Knight Foundation survey finds.
What Does SECURE 2.0 Mean for Pension Plans? Dead Trees and Migraines.
Though SECURE 2.0 primarily focuses on defined contribution plans, it also contains changes relevant for traditional pension plans.
Teachers’ Retirement System of Illinois Issues RFP for Investment Consultant
The $60.7 billion pension system is seeking a firm to assist in investment decisions after RVK’s 5-year term expires this year.
Poor December Equity Performance Reduces Pension Funding Status
Corporate pension funding statuses marginally retreat from record funding levels to end 2022.
Earnings Will Stink, but Not All of Them
Despite a punk Q4 profit picture, some companies should do fine, says Bank of America.
Florida’s Pension Posts $14 Billion Investment Loss in Fiscal 2022
Portfolio’s 6.7% loss misses benchmark by a mile, as funded ratio sees double-digit drop to 82.9%.
Looks Like Just a Quarter-Point Fed Hike Up Next
As inflation eases, investors think the central bank’s next move will be small.
Norges Bank Investment Management Launches Climate Advisory Board
Group will advise Norway’s $1.3 trillion sovereign wealth fund on climate-related financial risks.
How the Investing World Is Changing for Good, and for Bad, per JPM’s Savant
An end to artificially low rates and globalization will have mixed results, strategist Michael Cembalest finds.
Scrutiny as a Return Driver
Allocators need to re-think due diligence in the wake of write-downs in private markets.
Crypto Bloodbath Won’t Stop Spreading, as Some Lose the Right to Their Money
A bankruptcy judge’s ruling against customers in the Celsius case is the latest blow.
New York State Comptroller Calls for Political Spending Disclosures
Thomas DiNapoli files shareholder proposals with nine companies held in the state pension fund’s $233.2 billion portfolio.
Agecroft Partners Predicts Top Hedge Fund Industry Trends for 2023
Don Steinbrugge released his top expected trends for the hedge fund industry in 2023.