UK Workplace Pension Members Saved £90.4 Billion in 2018
Pension participation surged to 18.7 million from 8 million since 2012.
News
ATP Gets a Bitter-Suite Shakeup
Danish pension plan’s Acting CEO Bo Foged finally gets the big promotion, but also loses his CIO, Kasper Ahrndt Lorenzen.
So, the Bull Market Will Keep Going. No, It Won’t
Optimists and pessimists butt heads amid outflows from equities.
Pennsylvania SERS to Cut Return Rates, Hedge Fund Allocations
Verdicts come amid political criticism, current market environment.
International Investors Shoot for Equities and Alternative Assets
Mercer report explores key trends in international investor activity, including a reduction in fixed income in favor of equities.
Goldman to Combine Four Private Market Groups into $140 Billion Giant
Firm plans to capitalize on industry’s private equity boom, raise stagnant stock price.
Geraldine Jimenez to Run CalSTRS’s New Risk and Strategy Unit
Program will leverage fund’s collaborative model for the total portfolio, says deputy CIO.
Deficit of UK Defined Benefit Plans Balloons in May
Aggregate deficit of the PPF 7800 increased more than tenfold to £69.9 billion.
House Committee Advances Multiemployer Pension Reform Bill
Butch Lewis Act aims to protect hundreds of pension plans at risk of becoming insolvent.
Trump’s Backdown on Punishing Mexico: Trade War Peak?
Republican lawmakers won’t let him slam China with more tariffs, says Pantheon’s Shepherdson.
Large Investor Coalition Pressures ESG Disclosure on 700 Companies
With backers worth $10 trillion, the group includes the Washington State Investment Board and the New York Common Retirement Fund.
Illinois Reverses Course on Salary Cap Bill that Would Mitigate Benefits
Gov. Pritzker does an about-face on last year’s 3% cap.
Supreme Court Agrees to Hear Case on ERISA Statute of Limitations
Lawsuit against Intel claims company plans included overly risky investments.
People Moves Roundup
GAM’s Australia business gets a new director, PGIM names a global head, and more
Active Investing Adds Billions to Canada’s Pensions Annually
Analysis shows a passive strategy could have cost CPPIB nearly C$50 billion since 2006-2007.