CalPERS Continues to Talk with Private Equity Teams
The pension plan is still intent on building its own private equity organization.
News
Ohio School Pension Fund Tilting to Infrastructure
Officials expect the space to return 8%-10%, outperform commercial real estate by 200 basis points.
2Q Earnings Growth Might Not Go Negative After All
But even if they stay in the black, they will be puny compared to 2018’s blowout.
Church Commissioners Nab Sawdust Director
Mary-Pat Barron will be the Anglican fund’s new head of public equities.
Supreme Court Declines to Hear Two Pension Fund Cases
Lower court rulings involving an automotive, mineworkers’ pensions maintained.
IRS Issues Endowment Tax Regulations
Higher education foundations finally get guidance on 2017 excise tax.
TPR: Badly Run Plans Must Improve or Consolidate
UK regulator says fewer, but better governed plans will benefit pension savers.
Exclusive: New Mexico Anticipates ‘Shallow Recession,’ Possibly by Next Year
CIO Vince Smith discusses how the council is insulating its portfolio against near-term market fluctuations.
CalPERS Just Misses Investment Target
CalPERS investment returns of 6.7%, below its 7% target, will likely be part of the discussion this week at retreat meeting.
AustralianSuper Warns of ‘Low or Even Negative’ Returns
Despite healthy 8.67% annual return, CIO Delaney cautions not to focus on short-term results.
Korean National Pension Fund Returns 6.81%, Hits $600 Billion in AUM
Pension tops 700 trillion won for first time in 31-year history.
Netherlands’ MN Pension CIO Heading to Goldman Sachs
Gerald Cartigny merged the fund’s asset management and fiduciary businesses, helped start its ESG investments.
Chicago Governor Says No to Statewide Pension Crisis Fix
J.B. Pritzker claims a statewide pension consolidation would hurt the state’s credit rating.
People Moves Roundup
State Street names EMEA head, Ascensus president to become CEO, and more.
Brazil’s Pension Reform Clears First-Round Vote
Lower house must approve bill a second time before the Senate gets a chance.