New Mexico Overhauls Pension System for Public Workers
The state retirement fund is injecting $55 million to pay down liabilities, while also changing COLAs and increasing contributions.
News
PLSA Calls for Pensions to Hold Companies Accountable for Climate Change
New regulations require trustees to disclose ESG investment considerations.
Milwaukee Could Learn a Thing or Two from Wisconsin’s Healthy Pension
Research from Wisconsin Policy Forum dissects the disparities between the state’s three largest pensions and lessons to be learned from its best.
Study Bolsters Case for Endowments’ Sustainable Investing
Growing body of evidence finds ESG investing can match or beat traditional investing.
Anti-Fossil Fuel Protests Hit Australia Pension’s Doorstep
Members of Australia’s UniSuper Fund protest against the fund’s fossil fuel investments.
Sanders, Van Hollen Introduce Bill to Cut Executive Tax Break to Shore Up Pensions
Presidential hopeful says legislation would free up $15 billion to help fund struggling multiemployer pensions.
Milliman Launches Index to Track Pension Risk Transfer Market
Buyout index estimates cost to transfer retiree pension risk to an insurer.
Washington State Treasurer Says Keep Hands Off Windfall
Predicting a $1.1 billion surplus, finance chief asks lawmakers to let him channel the money to a rainy day fund.
CalPERS Loses around 4% in Last Week’s Stock Dive
Largest US pension plan drops at least $15 billion as retirement programs worldwide suffer.
Is the Worst of the Virus Market Rout Close?
Commonwealth’s McMillan says 10-year Treasury yield dive is close to those in previous outbreaks.
Singapore Sovereign Wealth Fund Slices Pay Due to Virus
Even senior management at Temasek may find their bonuses trimmed as much as 15%, as investors contend with the disease’s impact.
SEC Lets Steven Seagal Know He’s Not Above the Law
Actor and ‘Zen master’ agrees to pay more than $300,000 to settle charges he unlawfully touted an ICO.
Pennsylvania SERS Returns 18.8% in 2019
$30.9 billion fund also earmarks $500 million in new investments.
Hong Kong Pension Warns Coronavirus Will Hurt 2020 Returns
$124.6 billion Mandatory Provident Fund says virus ‘has affected the investment market worldwide.’
Research Finds Large Variations in Performance Across LPs Investing in the Same Funds
Harvard/Stanford paper finds pensions would have earned an aggregate $45 billion more if private equity fund distribution waterfalls were uniform.