Turkish Army Pension Fund Unit to Buy British Steel
However, fund was recently accused of corruption by Turkish parliament.
News
SEC Charges Former CFO with Defrauding Thousands of Investors
1 Global Capital’s Alan Heide allegedly knowingly signed off on overvalued statements.
Walgreens Sued for $300 Million over Alleged 401(k) Mismanagement
Suit says poorly performing funds were ‘devastating’ to retirement accounts.
So the Federal Reserve Doesn’t Care About the Stock Market? Baloney
Fed Chairman Powell’s words belie the official mandate, State Street’s Arone finds.
CalPERS Introduces New Trust Portfolio to Ease Employers’ Woes
State delivers a unique avenue for employers to mitigate contribution volatility.
Ontario Teachers’ Next Key Markets: Asia, Europe, and Infrastructure
CEO Ron Mock discusses plans to potentially triple Asian headcount and push $8 billion into infrastructure.
Respond to CIO’s Transition Management Survey Today
Survey tracks best practices and vendor experience/capabilities.
CalPERS Heads Toward Restructuring Investment Committee
Board’s governance committee gave first approval Tuesday night to a plan that reduces the size of the investment committee and the number of meetings.
Blame the Computers for Last Week’s Market Wipeout
So says JP Morgan’s trading honcho, Marko Kolanovic, who thinks more than half the moves were due to algos.
CPP Fund Returns 1.1% in Q1 of Fiscal 2020
Canadian pension giant earned three- and five-year annualized returns of 10.5%.
US Corporate DB Pension Funding Falls $11 Billion in July
Funded rate of 100 largest DB corporate plans drops to 87.9% during month.
CIO’s LDI Survey Now Open
Survey tracks liability driven investment practices and vendor experience/capabilities.
Major Restructuring of CalPERS Investment Committee Could Become a Reality
A plan would reduce investment committee members and the number of meetings. It is being objected to by at least one board member.
Exclusive: New Mexico ERB CIO Jacksha Is Worried About the Trade War
The $13.3 billion fund’s chief has very large portion of the portfolio in alts, as a buffer against bad times.
UK DB Plans’ Deficit Widens to £90.7 billion in July
Funding level falls to 95% from 97%.