Netherlands Metal Workers Pension Fund Pulls Investments in Coal
Fund says its producers have a grim future as society abandons the fuel as an energy source.
News
NYC Comptroller Calls for Exxon Mobil Board Disclosure
Scott Stringer is urging shareholders to vote for board transparency resolution.
Puerto Rico’s Governor, Oversight Board Find Common Ground on Economic Provisions
Sides still disagree on troubled public pension reform system.
Ohio Teachers’ Plan Nabs 20% Stake in New York Tower
Retirement system joins Allianz and Kuwait Investment Authority as Hudson Yards investors.
Report: Public Pensions Boost Government Revenues
Study finds public pensions added $137.3 billion to state and local coffers in 2016.
Canada Pension Plan Returns 11.6% in Fiscal 2018
CEO expects fund to report double-digit losses once every 10 years.
Luxembourg Pension Reserve Just Misses Its 2017 Benchmark
The small shortfall comes despite a bigger stress on risk.
Preqin: Hedge Funds Bounce Back in April
While most strategies recovered, liquid alternatives struggled for the third month in a row.
Aviva, Phoenix Take On $2 Billion of Marks and Spencer’s Pension Liabilities
The two insurers can take on more of the UK retailer’s obligations if needed.
SEC Charges Alternative Investment Firm with Fraud
Brent Borland is accused of stealing nearly $6 million to fund ‘lavish lifestyle.’
Report: University of Montana Endowment Allegedly Invests in Tax Havens
Paradise Papers reveal $30 million invested in offshore hedge funds and private equity firms.
Exclusive: Eliopoulos Discusses Details of CalPERS SoftBank-Styled Plan for PE and VC
Critics express fiduciary concerns.
Crypto Exchange Coinbase Expands into Institutional Market
The platform will offer digital asset storage, research, and trading.
High Court Ruling Fails to Settle Overpayment Recovery Issue
Decision offers some clarity, but adds confusion for pension trustees collecting overpayments.
US Public Pensions’ Funded Status Falls to 71.4% in Q1
Milliman reports a 1.7% drop in the funded ratio of US DB plans from the end of 2017.