Former Congressman Named Chair of POWER Pension Coalition
Lack of Congressional reform could tank 100 multiemployer plans.
News
Tobacco, Weapons Exclusions Reduce Norway Fund’s Returns
Fund manager reports that some ‘ethical exclusions’ have lowered the fund’s performance.
Oregon Passes Law to Boost Public Pensions
Two funds will be created to help reduce the state’s $25 billion in unfunded liabilities.
A.G. Beshear Declares KY Pension Substitute Still Illegal
Cites issues with teachers’ COLA reductions.
UK Pension Liabilities Surge to £7.6 Trillion
State pension liabilities claim £4 trillion.
Ray Dalio Is Freaked Out by Trade War with China
The hedge fund magnate calls for negotiations between Washington and Beijing.
Connecticut Considers Gun Divestment
State treasurer says she may ‘divest or not make further investments in gun companies.’
Discount Rate Increase Helps Grow Pensions in February
LGIMA expects heavy fixed income contributions to come.
CAAT Pension Plan Hits 118% Funded
CEO says plan is ‘in discussions with several organizations and employee groups’ about joining the fund.
Private Equity Buyout Value, Exits Rise in 2017
Report says asset class closes out best five-year stretch in industry history.
Preqin: 80% of Institutional Investors Bet on Alternatives
Investors seek to allocate more to private debt, infrastructure in coming year.
UVA Investment Management Firm Names New CEO, CIO
Robert Durden has been tapped to head up Virginia’s $9.2 billion endowment.
NJ Treasurer to Raise, then Lower, Assumed Rate of Return
Move to help reduce costs for state, local governments.
CPPIB Enters Merger with Brazilian Wind Farm
Merger sees both entities holding all shares capital, allows for use of the put option.
UK Pensions Funded Level Accelerates in February
Total deficit for private sector DB plans shrinks 41% over the past year.