Canadian Pension Funds Tread Water in Q3
Declining Canadian equities, weakness in energy stocks weigh down returns.
News
Kentucky Teachers’ Shows 2nd Year of Funding Growth
The $19.8 billion pension plan increases its funded status to 57.7%.
Institutional Investors Launch Firearms Industry Framework
Coalition with nearly $5 trillion in assets under management aims to engage industry to improve gun safety.
NY Comptroller Optimistic on Amazon HQ2 Deal
But Scott Stringer says arrangement must also benefit New Yorkers.
Chief of Malaysia’s Employee Provident Fund Delays Retirement
Mohamad Nasir Ab Latif will stay on another year to help the leadership transition.
CalPERS Scraps Outsourcing Private Equity Program
BlackRock and other investment firms were vying to manage all or part of the largest private equity program in the US.
CalPERS CIO Leaves Friday, but Replacement Delayed
Ted Eliopoulos is leaving Friday, but new CIO Yu Ben Meng can’t start until January because of a non-compete agreement. Eric Baggesen will become interim CIO.
Bolsonaro Waffles on Pension Reform Passing in 2018
After a meeting with top economic advisor, Brazil’s President-elect says overhaul bill unlikely to pass before January inauguration.
Climate Change Risk a Threat to Scottish Pension Funds
Report says two of Scotland’s largest funds are not addressing climate change risks.
Public Pension Return Assumptions Fall to All-Time Low
Lowered projections could increase financial burden on state, local governments.
New CalPERS CIO Can’t Start Until January
Yu Ben Meng’s start date is being held up by the Chinese government, which could delay a vote on the launch of a $20 billion direct private equity investment organization.
Alaska Permanent Fund Increases 2.1% in First Fiscal 2019 Quarter
Private equity, infrastructure investments bring home the bacon while real estate takes a hit.
Pensions Account for 61% of Top 100 Asset Owners
Willis Towers Watson unit ranks the largest funds, with Japan’s Government Pension Investment Fund on top.
Five FTSE 100 Firms Pay More in Pension Contributions than Dividends
But most large companies still allocate far more to shareholder dividends.
Textron’s Van Vleet to Be Next CIO Podcast Guest
Textron CIO talks LDI, public vs. private pensions, and how to set up your retirement.