UK DB Plans Funded Ratio Rises to 96.1% in November
Deficit for UK defined benefit plans fell to £71.1 billion.
News
Danish Pension, Insurance Assets Grow to $712 Billion
Asset value of sector is more than twice the country’s GDP.
Seth Kelly Resigns, MOSERS to Launch Search for New CIO
Seth Kelly departed the $11.6 billion pension after replacing 21-year CIO Rick Dahl in 2016.
Look Out, Volatility May Be Making a Comeback
Why? The era of low VIX readings has lasted longer than normal, and there’s the unending trade war.
Proposal Denied! SEC Rejects Plan to Allow New Capital Raises Through Direct Listings
NYSE’s new idea hits a roadblock.
2019 Funding Ratio Drops Despite November Lift in US Corporate Pension Investment Returns
Milliman warns a December correction could be ‘disastrous’ for pensions.
UK Pension Risk Transfer Market to Quadruple in Decade
Mercer expects UK bulk annuity market to top £40 billion this year.
SEC Approves Bitcoin Futures Fund
The NYDIG Bitcoin Strategy Fund is not for high-risk averse investors.
One-Fifth of CalPERS Equity Portfolio Faces Climate Change Risk
In inaugural report mandated by state, pension details four sectors in which climate change could affect its portfolio.
Texas Teachers’ Planning for Next CIO
Jerry Albright to take on a new role at the $156 billion retirement system.
Stand-Pat Fed May Get ‘Punch to the Mouth,’ Warns Top Analyst
Evoking Mike Tyson, Jim Bianco says a market dive could bring big pressure to more rate cuts.
Governments Urged to Bolster Pensions to Adapt to Aging World
OECD warns that countries may not deliver on adopted pension reforms.
CalPERS CIO: No Divestment of Fossil Fuel Companies
Addressing climate change advocates directly, Ben Meng says divestment is not the fiscally sound path.
Pennsylvania SERS Returns 0.32% in Q3, 12.39% Year-to-Date
Board addresses transparency concerns, and hires firm to find new CIO.
Small Caps Start Climbing, at Long Last
Beaten down for much of the current bull run, smaller stocks out-pace the big boys.