CEO expects fund to report double-digit losses once every 10 years.
The small shortfall comes despite a bigger stress on risk.
While most strategies recovered, liquid alternatives struggled for the third month in a row.
The two insurers can take on more of the UK retailer’s obligations if needed.
Brent Borland is accused of stealing nearly $6 million to fund ‘lavish lifestyle.’
Paradise Papers reveal $30 million invested in offshore hedge funds and private equity firms.
Critics express fiduciary concerns.
The platform will offer digital asset storage, research, and trading.
Decision offers some clarity, but adds confusion for pension trustees collecting overpayments.
Milliman reports a 1.7% drop in the funded ratio of US DB plans from the end of 2017.
‘CalPERS Direct’ would help largest US fund to bypass high fees.
In the largest NFL deal to date, hedge fund wiz will keep the team, general manager, and coach in Charlotte.
After news leak, jurist skeptical of reductions retires early in protest.
Shannon Saccocia is promoted to role after serving as chief investment strategist.
Spokesman said cities will not be able to pay monthly contributions if returns are that low.