Public Equity Allocations Lead the Way for Public Pension Funds
The top-performing public pension funds this year are likely to thrive with a higher allocation to equities, according to Markov Processes International.
Pensions
Dallas Pensions’ Low Returns, Funded Ratios Blamed on Private Equity Performance, Allocation
A city-commissioned analysis found Dallas will have to contribute ‘significant' amounts of money to improve the pensions’ funded status.
CPP Promotes New Chief Risk Officer
Priti Singh, the fund’s capital markets factor investing head, has been promoted to CRO, while Heather Tobin succeeds her.
NYC Pension Adopts ‘First in Nation’ Guidelines for Private Real Estate Investments
The Responsible Property Management Standards are intended to increase the quality and sustainability of residential real estate investments across seven core principles.
Qantas Super, Australian Retirement Trust Plan Merger
The combination would give Qantas members access to a broader choice of investment options and enhanced member support and services, including digital and education tools, per Qantas.
Public Pension Plan Funded Status Increased 0.5% in Q2, per Wilshire
That makes three consecutive quarters with an increase in funded status for public plans.
REST Pension Core Strategy Returns 8.67% in Fiscal 2024
The Australian fund manages more than $53 billion in assets.
Episcopal Church Pension Fund’s Asset Value Rises to $17.5B in 2023
The fund’s portfolio also surpassed its benchmark with 10-year annualized returns of 7.3%.
Pennsylvania PSERS Reports 2.95% Return in Q1
The $74.6 billion Pennsylvania pension saw strong returns from U.S. equities.
TPR ‘Evolving’ to Shift Focus to Defined Contribution Master Trusts
The pension watchdog’s CEO says a ‘radical evolution is taking place’ among U.K. pensions.
CalPERS Announces 9.3% Return in Year Ending June 30
Equities, which comprise 41.9% of the fund's portfolio, led the way with a 17.5% return.
Robust June in Stocks Puts an ‘Exclamation Point’ on Pension Funding
U.S. corporate funding levels stay high as the likelihood grows of an interest rate cut later this year.
Ohio State Representative Proposes Consolidation of State Pension Systems
In response to governance issues at STRS Ohio, a consolidation of the state’s five retirement systems was proposed at an Ohio Retirement Study Council meeting.
Funding for UK Pension Protection Fund Plans Rises Slightly in June
The aggregate funding ratio for the more than 5,000 British pension plans remained unchanged at 149.4%.
CalSTRS Allocates $200M to Kennedy Lewis for Credit Investments
The pension behemoth will invest assets in secured lending with the debt-oriented asset manager.