UK Recruitment Firm Prosecuted for Trying to Avoid Giving Pensions
SKL Professional Recruitment is also accused of lying to The Pensions Regulator.
News
Church Commissioners CEO to Retire After 25 Years
Andrew Brown helped diversify fund’s assets, progress responsible investment policies.
New York Continues Big Push into Infrastructure, Hand-in-Hand with Blackstone
Emerging markets, private equity get additional attention from one of the country’s largest pensions.
Stocks, MLPs Put a Hurt on Oklahoma Teachers’ Performance
Alts have a strong showing, but allocation mixes prove their fare is not enough for overweight equities.
UK Pensions Making ‘Fat Living’ Off of Hidden Fees
Scathing report says industry can’t be trusted to voluntarily disclose all fees.
New Mexico Governor Pitches Plan to Bring State Pension to Solvency
Task force sees cost-of-living adjustments as the necessary scapegoat for pension’s financial health.
Oh, Swell: August Is the Worst Month for Stocks
Bad things tend to happen this month, which tank the market, LPL’s Detrick warns.
Canadian DB Plans Return 2.7% in Q2 2019
Total returns for the first half of the year register a robust 10.2%.
Caesars Wins Withdrawal Liability Lawsuit Against Pension
Court rules casino operator not obligated to pay $2 million withdrawal fee.
Louisiana Pension Sues Cardinal Health over Cordis Acquisition
Class action suit alleges company misrepresentations led to ‘artificially inflated’ share prices.
Companies’ Towering Debt Might Not Bring Widespread Defaults
Junk bonds do better when interest rates are low, like now, Nataxis finds.
NYC Pension Funds Beats Target, Returns 7.24% in 2019
Higher return on actuarial asset value equates to $112 million in total savings
Amherst Names Letitia Johnson CIO, Moves Investment Office to Boston
Johnson joins $2.9 billion endowment from Cambridge Associates, but won’t have to relocate.
Despite State’s Hardline Stance, Tennessee Pension Holds Marijuana Stocks
Treasurer moves to sell after stock in IIP discovered in small-cap index investment.
Moody’s: Kentucky Pension Reform Is a Negative for State’s Credit Rating
Credit agency says the reform only pushes costs into the future. Gov. Bevin says he’s ‘not surprised.’