Fla. Bill Increases State Pension Contributions
Proposed legislation calls for an additional $178.5 million a year.
News
Mercer Buys Japan’s BFC Asset Management
US consulting firm’s acquisition marks expansion in the Japanese investment management realm.
Hedge Fund Investor Inflow Brings New Asset Record
New capital of $59 billion comes as funds log strong returns.
Moody’s: Higher Treasury Yields Expected as Equities Surge
The firm points to stock rally and lower junk yields as key to New Year market sentiment.
San Francisco to Vote on Fossil Fuel Divestment
Move would be largest global divestment of fossil fuel stocks for San Francisco.
Carillion Collapse Leaves Pensions’ Fate in Doubt
Construction company’s 28,000 pension members transferred to lifeboat.
San Francisco to Increase Investment in VBA
Investment may increase by $200 million.
CalPERS: Ring’s Flippant Claim of ‘Tricky Accounting Gimmicks’ Is False
CalPERS responds to Ring’s column.
CalSTRS’ Ailman Gives BlackRock’s Fink an “Ovation”
Larry Fink’s letter to business leaders calls for higher ESG standards and better board communication.
UK Pension Incomes Hit Pre-Recession High
Retirement incomes have surged 30% in the past five years.
Norway Pension Fund Drops Nine Companies
Human rights violations and involvement in nuclear weapons production among reasons for exclusion.
Judge Rules Baltimore Violated Pension Contract
Court says 2010 pension overhaul ‘breached its contract’ with city police and firefighters.
What Lured Pellegrino?
Recruiters say Pellegrino’s choice demonstrates a trend in more crossover CIO hires.
Exclusive: Karyn Williams Leaves Two Sigma
Williams was hired in 2016 as the hedge fund’s first head of client solutions.