News
Public Pensions Turn to Private Assets in 2018
Expected lower return environment spurs interest in private equity, real assets.
TPR Investigates Suspected £18 Million Pension Fraud
Regulator also charges account manager of concealing workplace pension failures.
CalSTRS Funding Report Offers Hope for the Future
While system is on track to full funding by 2046, investment volatility could throw a wrench into the process.
Lawmakers Introduce Bill to Exempt Cryptocurrencies from Securities Laws
Proposed legislation aims to provide light-touch regulatory guidance for digital tokens.
SEC Charges Audit Firm in Failure to Detect Unpaid Taxes
Crowe LLC let $100 million in unpaid taxes slip under its radar, SEC alleges.
CalPERS Restructures Infrastructure Guidelines
Pension officials hope more flexibility to invest in international infrastructure projects in developed countries will give the program more diversification and help results.
Higher Education Endowments Underperform the Market
Study of more than 28,000 endowments says ‘wisdom’ of top universities is ‘a myth.’
CalPERS Engages Private Prison Companies
The review could lead to divestment of CoreCivic and The GEO Group.
Canadian Pension Steps Up Gender Board Diversity Advocacy
CPPIB will use its voting power to increase presence of women on boards.
UK Private Sector Pensions to Pay More than £300 Billion by 2021
Record amount attributed to rapidly growing buy-in, buy-out market.
Danish Pension Excludes 14 Countries for Human Rights Violations
Denmark’s MP Pension said it will exclude from investments 14 countries that it accuses of systematically violating human rights. The move includes divesting DK400 million ($61 million) worth of...
Pennsylvania Pensions Could Save Nearly $10 Billion over 30 Years
Report says annual fees were greater than all employee contributions.
Texas ERS Terminates Decade-Old Relationship with Investment Consultant
ERS also brings a new infrastructure private equity consultant on board.