Kentucky Pension System Seeks New CIO
The organization wants a permanent chief to replace David Peden, who left two years ago.
News
CalPERS Can’t Find Enough Private Equity Commitments
CalPERS consultant finds without a huge increase in new private equity commitments, the fund will see a declining allocation to the asset class.
Sweden’s AP2 Sees a Green Bond Explosion in Public Sector
The country’s state pension buffer says government institutions should swap fossil fuels for alternative energies in the next 10 years.
More States May Turn to Lotteries to Fund Pensions
Untapped public assets could contribute ‘many billions of dollars’ to underfunded pensions.
Wealth Concentration Grows Among World’s Largest Asset Managers
The rich get richer as total assets under management of 500 largest managers nears $94 trillion.
Ukraine Names Yevhen Kapinus Head of National Pension Fund
Ousted Oleksiy Zarudnyi blamed for pension payment delay in July.
UK Pension Equalization Angers British Women, Ex-Minister
Activist groups, Altmann disregard Parliament’s ‘gender equality’ measure.
SEC Bags Almost $4 Billion in Fines for Fiscal 2018
Most disgorgement payments came from the Petróleo Brasileiro SA case.
US Corporate Funded Ratio Slumps in October
Wilshire Consulting’s managing director calls the month’s 1.9 percentage point dip the ‘largest pull back’ since June 2016.
San Francisco Makes $1.1 Billion in Commitments, Mostly to Hedge Funds
Private equity, real estate, and natural resources funds also represented.
Illinois Teachers’ Asks for 10.6% More in State Contributions
Pension plan’s chief says the $51.7 billion retirement system’s good investment returns aren’t enough to overcome unfunded liabilities.
New Actuary Rule for Assessing Pension Risk Kicks In
ASOP 51 requires looking at potential risks to plan’s future financial condition.
Norway’s Sovereign Wealth Fund Returns 2.1% in Q3
US equities help boost pension fund’s total market value to $1.02 trillion.
Venture Capital Investments May Be in Future for Two San Jose Pension Plans
Providing pensions to public workers in Silicon Valley’s largest city doesn’t mean investing in venture capital. The plans now are looking at whether they are missing an investment opportunity.