Is Chicago’s $10 Billion Pension Bond Sale Decision the Answer?
State’s bond history and already badly funded pension shows little room for maneuver.
News
Why US-Mexico Trade Deal Still Must Include Canada
America’s neighbor to the north has been sidelined on NAFTA talks, amid Trump-Trudeau acrimony.
Norway Commission Recommends Against Oil Divestment
Panel says divestment would not protect against a permanent drop in oil prices.
Weyerhaeuser Purchases Annuity to Reduce US Pension Liabilities
Move is expected to reduce liabilities by 30%, and participants and beneficiaries by 50%.
Rhode Island Pension Returns 1.51% in July, 7.8% for Year
Fund adds $125 million to reach $8.4 billion, beats benchmarks.
Canada’s Public Sector Pension Manager Adds New Private Debt Chief
Francis Blair will help PSP Investments debt division’s focus on distressed companies.
Sibson, Segal Marco Model Pension Funding Status Rises to 93%
Increasing high-quality corporate yields help reduce pension liabilities.
Yale Blocks Future Gun Investments
Endowment confirms adoption of new firearm policy, introduced in the spring.
Exclusive: An Inside Look at CalPERS’s New Direct Private Equity Organization
Investments of $20 billion in two CalPERS-backed independent pension organizations would change the face of institutional investing in private markets.
Uh-Oh, Stock Buybacks Exceed Capital Spending in 2018
This further fuels the debate over whether corporate America favors investors now or its long-term future.
Australian Fund Head Moves to Mercer
Campbell McCulloch is the first of three new executives who will fill the void left by longtime deputy CIO Phil Graham.
We’re in the Longest Bull Market in History, or Are We?
While Wall Street proclaimed a new record on Wednesday, another view holds that the celebration must wait until 2021.
Ontario Teachers’ Nets a 3.2% Return in 2018’s First Half
Public, private equity and inflation-linked assets bolster the Canadian pension plan.
Cincinnati Retirement System Hits Its 7.9% Fiscal Target
But gains are down from previous year’s 14.6%. Domestic stocks, private equity did the best.