GRESB: Real Estate’s Sustainability Score Rose Globally for 2017
North American property firms did better than the global average, cutting down their energy consumption by 2.5%.
News
Capita to Strike over Attempt to Close Pension
Union says changes could cost some workers 70% of their retirement funds.
Swiss “Pension 2020” Reform to be Settled by Voters
Proposed two-part pension system mired in controversy.
UTIMCO Freezes Private Equity Expansion
CEO/CIO Harris to renegotiate fees with endowment’s managers.
FCA to Require Disclosure of Pension Transaction Costs
New rules apply to managers of defined contribution plans.
PwC Rebukes Hong Kong Pension Fund
Review says underperforming Mandatory Provident Fund is overdue for an overhaul.
CalPERS Appoints Asubonten as CFO
Interim CFO to return to previous role, become part of executive leadership team.
TPR Bans Trustees for Scamming Millions from Pensions
Regulator says trustees showed “reckless disregard” and a “lack of integrity.”
Sustainability Groups “Converge on Climate Risk” with G20 Task Force Recommendations
Paper reveals how corporations can adopt transparency around extreme weather events.
Harvard Endowment Returns ‘Disappointing’ 8.1% in 2017
CEO says portfolio has ‘deep structural problems.’
CalPERS to Declare Two Districts in Default
Committee proposes a reduction in benefits for state workers in two delinquent districts.
Malaysia’s EPF Investment Income Surges 36% in Q2
Equities provide the main profit driver for the $181 billion fund.
Mercer: Companies Changing DB Funding, Risk Strategies Due to PBGC Premiums, Capital Markets
Nearly 80% of all respondents are now contributing more than the minimum level of funding to their DB plans, survey says.