Canadian Pension Returns Positive Despite Negative Equity Returns
Tracking service has reported five consecutive quarters of positive results.
Tracking service has reported five consecutive quarters of positive results.
Deadline extended until Tuesday evening.
Report projects that the multiemployer program's deficit will rise to $80 billion in less than nine years.
Including 2017, compound rate of return is 7.4% over the last four years.
More than 50% of six-figure pensioners are from police, firefighter units, Empire Center reports.
Despite signs of a rebound, sentiment turns negative on the asset class, bringing YTD inflows down to $20.65 billion.
Michelle Cunningham was also the fund’s first internal investment officer.
1.1 million fewer women are receiving a state pension due to an increase in pension age.
The state seeks to close a $5.1 billion shortfall in two years.
Funded ratio sees first increase since March.
ACG New York survey shows most expect private-equity investments will outpace hedge-fund and venture-capital investments in 2H.
Urges General Assembly to make “historic changes” to state education funding.
However, liabilities outpaced investments, increasing the fund’s deficit.
Nominations close Friday, August 4.