Rising Rates Boosts Corporate Pension Funded Status by $38 billion
The funded ratio of the 100 largest US corporate pensions rises to 85.4%.
News
Alaska Contemplates Market Trends for Next Asset Allocation Strategy
CIO Marcus Frampton discusses the implications of each asset class while preparing for a new strategic asset allocation.
The S&P 500 Keeps Singing the Sour Earnings Song
After two small drops in 2019’s first two quarters, CFRA sees a 4.2% net income dive for the third period.
Majority of Companies Not in Line with Paris Agreement Goals
Only 9% of 161 companies on Climate Action 100+ watch list meet minimum climate change requirements.
Leading Democrats Press Private Equity Leaders over Controversial Private Prison Operation
Scrutiny of five PE firms’ involvement in private prisons begins with an information request.
The University of California Pension Fund Lowers Expected Rate of Return
The giant fund is succumbing to lower inflation assumptions.
Pension Debt Accounts for Over Half of All Debt for US States
The best, the worst, and the unfunded liabilities totaling $824 billion, according to report.
New General Electric CIO Freezes Pension Fund
The new chief investment officer has been overseeing the underfunded plan for two weeks.
Cornell, Penn State Endowments Return 5.3%, 7.7% for Fiscal 2019
Cornell endowment hits record $7.3 billion, Penn State tops $3.1 billion.
Michigan Pension Fund Seeks Benefits Reduction
Detroit Carpenters plan to become insolvent in 15 years without government intervention.
Tumbling 10-Year T-Note Yields Have Lower to Go, Moody’s Says
Now 1.51%, the research unit says it could slide to between 0.5% and 1% in a recession.
Breaking News: CalPERS Board President Henry Jones Beats Challenger
Jones beat former board member J.J. Jelincic in a heated race that dealt with CalPERS investment policy and past sexual harassment charges
Falling Bond Yields ‘Warning Sign’ for Canadian DB Plan Sponsors
Aon says the window for de-risking opportunities ‘seems to be closing.’
Blockchain Firm to Pay SEC $24 Million for Unregistered ICO
US investors participated in ICO in which had not been approved by the regulator.
Norway’s Pension Fund Divests from Upstream Energy Companies
The Scandinavian country is the latest entity to run scared from oil-dependent firms.