Treasury Dept. Approves Benefits Reduction for Two Pension Funds
Total number of funds cleared to enact benefits reductions rises to seven.
News
Milwaukee County Retirees Could Lose COLA Increases
Pension reform taskforce recommends cutting 2% adjustments until 2036.
Japan’s PM Wants to Raise Retirement Age Past 65
Shinzo Abe planning social security system overhaul over the next three years, pending re-election.
CalPERS Hits It Big with Infrastructure Returns
The program, however, represents just a little more than 1% of CalPERS’s AUM.
Why September Might not Be as Bad as Usual this Time
When the market has been good before the ninth month, its poor rep doesn’t matter.
Virginia Retirement System Returns 7.5%
Private equity investments help increase fund’s market value to $78.6 billion.
CalSTRS Takes First Steps to Restructuring Private Equity
The pension plan is getting ready for investments out of the traditional limited partner-general partner fund structure, including increases in co-investments.
Nevada Pension Fund Earns 8.6%
US stocks help raise system’s total asset value to nearly $41.3 billion.
Institutional Investors Have High Hopes for Hedge Funds in 2019
Despite mediocre returns in 2018, most investors are optimistic about the next 12 months.
Massachusetts Pension Reserve Fund Returns 9.5%
Investments beat benchmarks to raise total asset value to $72.9 billion.
ATP Returns 3.4% in First Half of 2018
Private equity helps boost Danish pension fund’s market value to more than $47 billion.
New Jersey Pension Fund Axes Stake in Private Prison Contractor
Action follows American Federation of Teachers’ critical report on Trump’s immigration policy.
Morgan Stanley Sees Weaknesses in Stock Rally
Value stocks are showing more life of late, which could signal a pullback, firm says.
PensionDanmark Sees 2.8% Asset Growth in Tough First Half
Real estate and private equity do OK, while stocks and bonds suffer.
New Private Equity Model Could Push CalPERS Up in Global Ranks
Preqin data shows California system could become fourth-largest PE investor.