Canadian Pension IMCO Loses 8.1% in 2022
The pension fund’s C$69.1 billion portfolio was weighed down by fixed-income and public equity investments.
The pension fund’s C$69.1 billion portfolio was weighed down by fixed-income and public equity investments.
CalPERS had the largest under-allocation, missing its target by more than $11.3 billion.
The delay follows violent protests spurred by the French government’s decision to increase France’s pension age to 64 from 62.
Shipping off DB assets and beneficiaries to insurers can be a tricky business. What about those private equity holdings?
Bipartisan legislation is intended to attract workers to fill state job vacancies.
Despite decline, the British market topped £25 billion for the fourth straight year.
Investment losses dragged aggregate funded levels 12 percentage points lower in 2022.
Research finds education retirement costs are significantly outpacing education spending.
Higher interest rates lowered liabilities, as average asset losses reach 21% for the fiscal year, a Russell Investments study shows.