LACERA Explores PE Sale
RFP says $1.25 billion of private equity assets could be sold at a secondary sale.
News
Oregon Files Suit Against Wynn Resorts
Alleges ‘massive breaches of fiduciary duty’ caused damage to the company and the long-term value of the stock.
Church of England Joins Rio Tinto Resolution
Investors are calling on the company to disclose ties with mining industry bodies.
HOOPP Grows to $77.8 Billion, Remains 122% Funded
Fund exceeds benchmark by 2.99%.
Organizational Changes, New Roles Created for Australian Future Fund
Changes made to simplify structure, focus on performance.
Diocese of La Crosse Cuts Pension Plan
More than 1,000 pensioners to lose benefits; Fund had been frozen since 2007.
Former Congressman Named Chair of POWER Pension Coalition
Lack of Congressional reform could tank 100 multiemployer plans.
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.