Fitch Rebuts Kentucky Governor’s Ratings Allegation
The agency says the state’s lack of pension overhaul won’t hurt its rating, despite Bevin’s warning.
The agency says the state’s lack of pension overhaul won’t hurt its rating, despite Bevin’s warning.
Nuveen’s veteran stock strategist thinks it will surpass the 1990s’ record by summer.
Commission still grappling over plan to tap state assets like office buildings to feed ailing retirement program.
Historically, the S&P 500 has been flat when federal functions grind to a halt, and the index is up 7.5% since the latest closure.
Commitments primarily focused on real estate and infrastructure.
The OAK prefers a uniform interest rate for the public workers and two other retirement plans, which a lobbying group says is wrongheaded.
The pension is now studying the impact of a 2% to 4% allocation to managed futures on the total fund.
The asset management titan plans to make ‘additional changes’ in the coming weeks.
Companies merge as a consolidation move under their joint owner, Genstar Capital.
Disclosures show SFERS has invested in two Chinese venture capital funds and another China-based fund focused on media and entertainment.
Investment returns fell by 50% from 2017 for state and university educators.
The Public Institution for Social Security says the British firm made secret deals with one of its heads between 1996 and 2013.
Survey finds 55% of corporate financial chiefs expect a downturn, a marked decline in optimism.
Pacing plan expects the pension will make three $50 million to $75 million investments this year.
A second office tower is aimed to attract and accommodate new investment staff, part of a strategy to manage more of the plan’s assets in-house.