Many of the alleged victims scammed out of retirement funds were former San Antonio police officers.
The two collectively hold around $200 million in shares in Boeing, which they charge with ignoring safety issues around the 737 MAX for years.
Funds with significant exposure to equities outperformed during the second quarter.
At issue: allegations of unreported stock transactions and also his holdings in three private equity firms the plan invested in, including Blackstone and Carlyle.
He helped grow the university’s endowment by nearly $10 billion over nine years.
Duke’s Campbell Harvey charts the wacky ups and downs of the precious metal.
A surge in liabilities from low discount rates dropped aggregate ratios 1.3 percentage points to 79.9%, Wilshire says.
Hedge fund chief thinks a small amount of inflation is coming, so he goes for TIPS derivatives, among other plays.
Large plans underperformed small plans, likely due to significant exposure to alternative investments.
Deputy chief Dan Bienvenue will take over until the retirement system finds a replacement.
Thailand, Argentina, and Turkey were ranked as having the worst pension systems in the world by Visual Capitalist.
New research finds a 60/40 passive benchmark has outperformed the average endowment over nearly six decades.
She will replace Edward Mason, who left earlier this year.
The sovereign wealth fund beat a passive index benchmark, but missed its return target.
What to consider with COVID-19 accelerating an already steady baby bust.