News
New Illinois Bill Would Consolidate more than 650 Police and Fire Pensions
Debates ensue over projected returns, transition costs, and throwing the fund’s impeccable funded ratio off-balance.
Senators Grill the Feds After Allowing Retirees to Receive Lump-Sum Benefits
Retirees sometimes left devoid of important information in buyout decision–making process, lawmakers argue.
ESG Grows More Popular with Asset Managers
Some 75% of asset owners and 62% of asset managers hold ESG funds, BNP Paribas study says.
Consolidation Among Top Priorities for UK’s PLSA
Pension industry trade group releases four-year work plan.
Mass PRIM CIO, Cliff Asness Talk Career Lessons at Pension Bridge
Michael Trotsky reveals early challenges at the Bay State fund, Cliff Asness describes vexations of serving on an endowment committee.
Pension Bridge: 3 State Pension Plans Bare All on Funding Messes
At Pension Bridge, Dick Ingram, Dominic Garcia, and Glen Grell reveal how their programs ended up underfunded.
Church Pension Invests $40 Million in Clean Energy Projects
Group also names Ellen Taggart as CFO, treasurer
Is an Earnings Recession Really Coming?
Morgan Stanley says yes, CFRA says no.
OP-ED: The Art and Science of the New-Age Unicorn CFO
The new-age CFO works closely with the CIO to pursue a company’s long-term strategic welfare and management of the organization’s investment portfolios.
CalPERS Investment Committee Rejects Tobacco Reinvestment Again
In a surprise move, investment committee member Jason Perez called for a vote on reinvesting in tobacco stocks, but his plan was shot down.
Cyber Attacks Are Financial World’s Worst Threat, Says Jamie Dimon
Chase CEO cites economic worries in annual shareholder letter.
Ex-Ontario Teachers’, ATP CIO Set to Launch New Firm’s First Product
Bjarne Graven Larsen’s new Qblue Capital enlists former Denmark fund colleagues.
Yale Alum Charged with Running Hedge Fund Scam While Student
Omar Zaki agrees to $25,000 SEC fine, three-year ban from investment industry.
SEC Releases Framework for Digital Assets
Guidance intended to help investors determine when a digital asset is a security.