News
CalSTRS CIO Says Trump Tweets are a ‘Key Market Risk’ to Monitor
Despite the present ‘Goldilocks’ economy, Christopher Ailman is keeping a sharp eye on the president’s Twitter page.
FCA Fines Standard Life Nearly £31 Million over Annuities Sales
UK regulator says incentives to sell annuities led to conflict of interest.
Oregon PERS Keeping Assumed Rate at 7.2%
Past returns over five years are lower, at 6.5% annually. The fund cites investing uncertainty in standing pat.
UK Universities Superannuation Scheme Underperforms in Fiscal Year
Brexit woes, global economic uncertainty amid fund’s top concerns.
Falling Bond Yields Push Model US Pension Funded Status Lower
A 7% rise in liabilities offset a 4% gain in assets during Q2.
Illinois Pension Buyout Program Falls over $400 Million Short of Goal
Buyout plans were expected to save $423 million, but only saved $13.1 million.
SFERS Posts 7.81% Return
The San Francisco retirement system has managed to beat its annual expected rate of return for the 2018-2019 fiscal year despite a volatile equity market.
Proposed Bill to Require Companies to Disclose Climate Risk
Legislation would require SEC to issue climate risk disclosure guidelines.
Real Estate Advisory Firm, Execs Pay over $60 Million to Settle SEC Charges
SEC alleges firm wrongfully inflated incentive fees for two mergers.
New Jersey Pension Fund Just Shy of 3.09% Benchmark
Real return is the $76 billion plan’s best-performing asset class.
CalPERS In-State Investment Program is Up More than 11%
Meanwhile, plan is winding down its money-losing in-state private equity program.
Last Week to Nominate Your Picks for the 2019 CIO Innovation Awards
Why Is the Fed Cutting Rates in a Good Economy?
Alan Greenspan and others say it’s for insurance, just in case things go wrong.
TPR Cracks Down on UK Firms Changing Names to Shirk Pension Duties
Regulator is hunting employers that rebrand to try to dodge workplace pension responsibilities.
