Despite Protests, Argentina Passes Pension Reform
Dozens injured, 60 detained in demonstrations.
News
UK to Relax Rules for Fossil Fuel Divestment
Local authority pension plans expected to be earliest to implement new regulations.
Mercer Announces New Global Wealth Business President
Ferland, Haderer to co-lead firm’s global health business.
CalPERS Updates Portfolio Allocation After Vote
Fixed-income allocation increases to 28% in new portfolio.
Ahead of Asset Allocation Vote, CalPERS Bends Toward Simplicity
Allocation strategies changes could double investments in fixed-income or add significant risk to the overall investment strategy.
GPIF’s Mizuno Makes Bold AI, ESG Predictions
World’s largest pension fund CIO explains reasons for Sony Computer Science research partnership.
GPIF to Move to Performance-based Fees for Active Equities Managers
Change could be finalized by April.
Sweden to Raise Minimum Pension Age to 64 by 2026
Reforms will make it harder for companies to terminate pension-age employees.
Pirelli Secures Buy-in Agreement with PIC
Move to cover the total liabilities of three UK pension plans.
Brazil’s Temer Cancels Pension Meetings Due to Surgery
While administration is still optimistic for 2017 reform, cabinet considering 2018 delay.
Kroger Withdraws from Central States Pension Fund
Supermarket chain sets up new fund in labor deal with Teamsters.
Brazilian Congress May Push Pension Reform to February
President Temer warns of negative economy if reform is not done swiftly.
French Government Greenlights Blockchain
New rules permit crypto-tech unlisted security trading, cuts out middlemen.
CalPERS Reports 11.2% Return for Fiscal Year 2017
Portfolio gains led by public equities, which returned nearly 20%.