US Public Pensions Boost Stock Exposures Back to Pre-Recession Levels
Investors’ plan allocations to US equities averages 47.3%, the highest level since 2007, says Wilshire.
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2 More Aussie Pensions Eye Merger, Forming Down Under’s Largest Fund
Sunsuper and Qsuper hold consolidation talks on creating an A$183 billion portfolio.
Ohio Retirement System Eyes Reduced Benefits for New Workers
Proposed retrenchment would apply to workers hired in 2022 and beyond.
US Pensions Report Weak Q3 Returns
Plans returned 1% for quarter, 4.58% for year, says Wilshire Trust Universe Comparison Service.
Top 20 Endowment and Foundation CIOs
2019’s most innovative and influential corporate women and men.
No Recession Before the 2020 Election, Goldman Chief Predicts
David Solomon gives odds of a downturn next year as just 25%, which would be good news for Donald Trump.
Investors Put Out Welcome Mat for Hospitality Real Estate
Onetime niche sector has been attracting investor interest in recent years.
Fire Managers Who Ignore Climate Change, Says UK Pension Regulator
Guy Opperman insists plan trustees must ensure that investment managers employ ESG tenets.
SEC Accuses Company of Withholding Investor Money to Squelch Whistleblowing
Online auction portal allegedly made investors sign confidentiality agreements prior to distributing returns.
Daniel Loeb Doubles Down on Activism
Hedge fund provocateur to devote even more resources to shaking up companies.
Green Coalition: Pension Plans Miss Billions by Not Divesting from Fossil Fuels
Environmental groups say CalPERS, CalSTRS, and Colorado PERA missed $19 billion by keeping fossil fuel stocks in their portfolios.
The Debate Over Warren’s Tax on Investments and Medicare for All
Democratic presidential contender garners criticism that her plan is an indirect tax on the middle class.
Canadian Pension Funds Return 1.5% in Q3
Despite strong year-to-date returns, falling rates have increased liabilities.
Report: Public Pension Funding, Education Not Mutually Exclusive
Report says argument that state pension funding eats into education is false.
Cohen & Steers Names Jon Cheigh CIO
Cheigh succeeds Joseph Harvey to oversee investment of firm’s $70.8 billion AUM.