Norges Bank Real Estate Management Names New CIOs
Per Løken and Romain Veber to oversee the US and Europe, respectively.
News
AWE Employees Agree to Settle Pension Dispute
Workers end industrial action for what union calls ‘best possible deal available.’
Baltimore Council Votes Unanimously to End “Double-Dipping” Policy
New bill will take effect next month.
Ascension Health to Guarantee $29.5 Million in Pensions Following “Church Plan” Lawsuit
Payments will come from Ascension if the Wheaton Franciscan plan can’t cover them.
Natixis: Portfolios Favoring Active Management See Strong First Half
Active asset management strategies came out ahead in the first half of 2017, with the portfolios that had higher allocations to US and international equities, and active managers over...
MOSERS Offers Lump-sum Payment Option to 17,000 Former Employees
Program could save $7 million per year for the fund.
Alabama Bill Seeks to Revive Deferred Retirement Program
Proposed legislation would benefit teachers and state employees missing out on cost-of-living raises.
Wilshire: US Corporate Pensions Funded at 83.2% in August
Despite a 0.9% decrease, plans up 7.3% in past 12 months.
World’s Top 300 Pensions Grow 6.1% in 2016
The largest annualized growth over past five years is from North American funds.
Chile Reports 13.2% Hike for Pension Funds in Q2
Total assets under management rise to more than $190 billion.
Russell Investments Names Michelle Seitz as New CEO
30-year industry leader to succeed Len Brennan, who will become strategic advisor to the firm.
US Single Premium Pension Buyout Sales Surge in Q2
Report finds most companies are interested in pension risk transfers.
UK Pension Deficits Rise in August
Growth of liabilities outpaced assets, however, deficits are down from a year ago.
PBGC to Provide Furniture Workers’ Plan Early Financial Assistance
Approval is the first under the Multiemployer Pension Reform Act of 2014.
“Historic” Chicago Education Funding Reform Signed
SB 1947 to provide relief for cash-strapped school districts as well as employee retirements.