University of Missouri Endowment Returns 13.7%
Investment and endowment income, net of fees, jumps to $285.2 million from $22.2 million.
News
Conn. Gov Vetoes Budget over Pension Concerns
Gov. Dannel Malloy said the budget would eliminate hundreds of millions of dollars in pension fund contributions.
Pension Protection Fund Lowers Levy by 10%
Lifeboat fund reduces levy estimate for 2018-19 to £550 million from £615 million.
Los Angeles Pension System Cuts Rate of Return Assumption
LACERS lowers investment guidance to 7.25% from 7.5%.
Swedish Pension Fund Thwarts Zuckerberg
AP7 calls Facebook abandoning C shares plan an ‘important success for minority owners.’
Hong Kong MPF Plans more than Double in a Decade
Average benefits surge to HK$154,000 in 2016 from HK$68,000 in 2006.
Report: US Commercial RE Investments Down 12% Despite Market Being ‘Awash in Capital’
The sector continues to attract foreign investors, led by the Canadians, as well as Asian buyers, Avison Young says.
PLSA Taskforce Proposes Defined Benefit Fix
Reports says 3 million Britons currently have only a 50% chance at receiving their full benefits.
Rhode Island Pension Fund Earns $64.2 Million in August
Despite outperforming its benchmark, the returns were less than half that of July.
BlackRock: UK Unprepared for Retirement
Report finds that four in 10 Britons are not saving for retirement.
CIO Exclusive — Ray Dalio: Why I Came Out of the Woodwork
The hedge fund titan discusses his emergence from the shadows into the limelight, comments on current market issues.
Consultants Back TPR’s ESG Guidance
Twelve major advisory firms call for support of pension regulator’s sustainability guidance.
Oregon PERS Changes Investment Strategy
Individual account programs will be shifted into target-date funds in 2018.
Swiss Voters Reject Pension Reform Plan
Proposed package would have raised the retirement age for women.