Penn SERS Returns 3.3% in Q2
Board approves up to $700 million in private equity, multi-strategy real estate commitments.
News
IRI: Americans Are Not Prepared for Retirement
Report finds less than half of Baby Boomers and GenXers have any retirement savings.
Milliman: Corporate Pensions Report Largest Monthly Loss in August
Funded ratio falls to 83% for month, but is up from 77% in 2016.
TD Asset Management Launches Two Funds
Fund manager debuts dividend growth fund, and small-cap equity fund.
PLSA Says TPR Should Change Its Approach
Trade association argues that regulator is too focused on process, and not enough on people.
New Ceres Report Calls for Sustainability Practices Across All Corporate Boards
Builds on 2015 report, while highlighting key characteristics, practices.
Northern Trust: Global Economy to See 2.4% Annualized Growth over Next Five Years
Despite elevated valuations, investment outlook predicts attractive stocks, no bond bubble.
FTSE 350 Pension Deficits Rise £12 Billion in August
Mercer says decline may be due to uncertainty over Brexit negotiations.
US Annuity Sales Rise in Q2, But Still Down Nearly 10% from 2016
Non-qualified sales buoyed variable annuity market, IRI reports.
Preqin: Institutional Investors Increasingly Concerned with High Pricing
Private equity, private debt are most well-received asset classes.
CalPERS Staff Pushes for Quick Replacement of Infrastructure Consultant StepStone
Former infrastructure consultant, real estate consultant named as potential immediate replacements.
TPR to Prosecute Firm for Not Providing Pensions
Manchester bus company and managing director could face unlimited fine.
Canadian Institutional Investors Seek More Women on Boards
Groups call for boards and executives to be at least 30% women in less than five years.
Business Group Urges Use of Pensions to Fund Retiree Startups
Institute of Directors calls on UK government to help retirees become entrepreneurs.