Maryland State Retirement System Returns 8% for Fiscal 2018
Private and public equities lead the way with double-digit gains.
News
Andrew Allright Named CEO of State Street’s Hedge Arm
Allright replaces InfraHedge’s co-founder Bruce Keith, who left in January.
UK’s CDC Proposal Panned by Think Tank
Report says ‘superfluous’ CDC pensions could cause ‘irreversible intergenerational injustice.’
US Remains Center of Hedge Fund Universe
Report finds US holds 72% of the global hedge fund assets.
Does Value Stocks’ July Rebound Mean the Expansion Is About Over?
Historically, value outperformance happens when an economic boom has played out.
Switzerland’s Largest Pension Fund Trims Equities for Real Estate
Publica has cut some stocks to de-risk, and will also sell some of its bonds as part of a new strategy.
Malaysia’s Largest Pension Fund Names New CEO
Tunku Alizakri Alias will take over Shahril Ridza Ridzuan’s responsibilities at the end of the month.
Canadian Pension Plans Return 2.16% in Q2
Despite positive returns, nearly all asset classes fell short of their benchmarks.
GAM Suspends Investment Director Tim Haywood
Firm says issues relate to risk management procedures, record keeping.
World Bank to Give Nigeria Additional $4.5 Billion Through 2021
The funding will support the nation’s power industry, health, and governance projects.
Top 100 US Public Pensions Lose $23 Billion in Q2
Contributions and lackluster returns outweighed by benefits payments.
Tepid Job Report: Likely Just a Blip
Labor demand likely strong enough to keep pushing unemployment down.
US Hedge Fund Assets Reach $2.58 Trillion
Growth of holdings climbed 8% last year, Preqin data indicate.
Malaysia’s Khazanah Enlists Retirement Fund CEO
Shahril Ridza Ridzuan will become the sovereign wealth fund’s new managing director on August 20.
World’s Largest Pension Fund Nears $1.5 Trillion
Foreign equities drive Japan’s Government Pension Investment Fund’s 1.68% returns in its first fiscal quarter.