Report Finds Pension Costs Poised to Explode

According to a report issued by the Empire Center for New York State Policy, taxpayer-funded employer contributions to public pensions in New York State will rise by billions of dollars in the next few years, threatening to divert scarce resources from other essential public services.

Winners of aiCIO's Industry Innovation Awards for Asset Owners

aiCIO congratulates asset owners -- public and corporate pensions, endowments and foundations, and insurance general accounts -- that have successfully understood and acted upon material risks in today's markets, delivering long-term and consistent results to establish a solid foundation for future returns.

CalPERS Sheds LaSalle of Industrial RE Portfolio

The country's biggest public pension fund has transferred most of its CalEast Global Logistics industrial real estate portfolio to private investment firm GI Partners from LaSalle Investment Management.