Kentucky Gov. Hints Tax Reform May Take Back Seat to Pension Issues
Tells WEKU he must “focus first on the pension issue.”
News
SMUD to Power 50% of CalPERS Electricity Via SolarShares Program
20-year agreement to help demonstrate the program’s greenhouse gas reduction opportunities, cost-effectiveness.
Hartford HealthCare Increases Allocations to Private Strats
Searches for niche opportunities within emerging markets.
UK Defined Benefit Plans’ Deficit Shrinks
Reports from Pension Protection Fund and Mercer show improved DB funding.
MSCI EM Index Up 25% YTD
WTI Crude prices hit $50 for the first time since May.
Despite Increased Competition, VC Fund Managers Confident in Future Opportunities
Preqin study finds main concerns are the exit environment, fundraising, and performance.
UK Baby Boomers Living Large Off Pensions
Report shows retirees’ disposable income more than quadrupled since 1977.
Valvoline to Make $400 Million Pension Contribution
Company launches debt offering to raise funds for pension.
Tremendous July Flooding Costs Asia Over $10 Billion in Damages
China felt biggest impact, primarily in Yangtze River Basin.
Wilshire TUCS Reports Longest Institutional Assets Hot Streak Since 1998
Strong performances from all major asset classes leads to seventh quarter in a row of positive gains.
Kentucky Employees Retirement System Reports Double-Digit Gains
The state’s main pension funds’ returns ranged from 12.5% to 13.81%.
Brazil’s President Temer Seeks Votes for Pension Reform
Taps House speaker Maia to strategize bill, which would increase minimum age for pensions and cut benefits.
Automatic Enrollment Boosts UK Pension Participation
TPR report finds the overall percentage of eligible employees saving into a workplace pension increased to 78% from 55%.
CalSTRS Praises S&P Dow Jones Multi-Class Shares Decision
Dow Jones’ decision made after committee’s market reviews, consultation responses.