Calif. High Court to Hear Appeal Against San Diego Pension Cuts
City could be forced to create pensions for 3,000 workers if overturned.
News
New Workers Must Save 20% of Income to Match Baby Boomers’ Retirement
Report finds new workers face “hostile economic environment.”
International Paper to Make $1.25 Billion Pension Contribution
The move is part of a long-term de-risking program at the company.
eVestment: Public Pension Plans Gravitating to Real Assets, Private Equity
The trend may help introduce more transparency in these private markets since public plans are held accountable, firm says.
KPMG Survey Finds ‘No End to Growth for LDI’ in UK
UK pensions have more than £900 billion of exposure to LDI.
Oregon PERS to Lower Fund’s Assumed Rate 0.3%, Increasing Unfunded Liability
New rate suggested by Milliman based on study.
CIO’s Transition Manager Survey Deadline Extended
Transition Managers can now be rated by clients via online questionnaire until August 4.
Trump Administration Removes Scaramucci
“The Mooch” removed from White House position as new chief of staff appointed.
Maryland SRPS Returns 10% in FY2017
Private, public equity reap the majority of gains.
Church of England Pension Board Posts Best Year on Record with Returns of 21.2%
Fund doubles down on ethical investing, returns highest since record keeping started in 2003
$1.3 Billion Needed for Chicago Pension Funds, Debt Payments, KBRA Says
The bond rating agency suggests positivity, despite rocky road ahead.
GSAM’s Moran: Surging PBGC Fees Incentivize Pension De-Risking
Companies are increasingly considering annuitization and lump sums due to sharply rising premiums.
Preqin: Asia-Pac Institutional Investors Increase Hedge Fund Investments by 12% in 2016
Australia, Japan, and Hong Kong lead the pack.