Texas Pension Returns Nearly 10% in First Half of 2019
Investment portfolio gains 3.2% in Q2 to reach $31.9 billion in assets.
News
CalPERS Board Member Wants Internal Investigation into Leaks Made Public
Margaret Brown says she is not the one leaking information to the press about confidential CalPERS matters.
New Mexico ERB Beats Peers, Logging a 7.29% Return
Alternatives, US stocks, and bonds help fund value achieve new ‘high water mark.’
Arizona Blue Cross Blue Shield’s NextGen Nabs Job with Family Office
Terence Thompson’s financial career started in the Air Force.
US Negative Interest Rates Would Be a Disaster, El-Erian Warns
Allianz economist notes decline of yields and worries they might crop up in America.
Multiemployer Pension Lifeboat Sinking Fast
PBGC multiemployer program is expected to run out of money in six years.
People Moves Roundup
Hirtle Callaghan names private equity director, PGIM Fixed Income adds senior portfolio manager, and more.
Children’s Health Dallas’ Investments Director Departing
Ryan Bailey’s exit marks the first 2019 NextGen to further career.
New Mexico PERA CIO to Appear on CIO Podcast
Dominic Garcia to talk about David Villa’s mentoring, innovations, and more.
Hawaii ERS Blasts Past Its Benchmarks
Pension fund returns 5.8%, a whole point-plus more than the goal.
NY State Pension Returns 3.38% in Q2
$216.2 billion retirement system also names Anastasia Titarchuk CIO.
US Pensions Return 6.47% for Fiscal 2019, Miss Target
Market volatility, active management worked against all plan types.
Despite Trump Gesture, the Trade War Will Worsen, BofA Warns
White House delay on some new tariffs doesn’t convince analysts that peace is at hand.
No More Limos for LACERA Board’s Travels
Board votes to mandate additional restrictions on travel permissions after current practices draw scrutiny.
Merging Australian Supers Get a New CEO
Computershare chief Scott Cameron will head Equipsuper and Catholic Super prior to consolidation.