Ontario Teachers’ Pension Plan CIO Ziad Hindo to Step Down at Year’s End
The C$249.8 billion pension fund has named Stephen McLennan acting head of investments.
Pensions
New Jersey Police, Fire Pension Seeks CIO, Plans to ‘Dramatically’ Expand Staff
The $31 billion pension fund has also issued an RFP for a custodial services provider.
Illinois Police Fund Announces Search for Active Bank Loan Strategy Managers
The IPOPIF wants to add exposure to the bank loan strategy asset class.
Milliman Sees Public Pension Funding Ratios Decline to 75.3% in August
Poor performance in equities was to blame for the dip in pension funding levels.
Global Equities Rebound Propels NZ Super to 11.87% Return
The pension fund’s asset value increased by NZ$9.7 billion to NZ$65.4 billion during the fiscal year that ended June 30.
Netherlands Leads Europe in Green Bonds, While Dutch Pensions Cut Asia Investments in 2022
Dutch pension funds’ assets in Asia have declined by nearly 28 billion euros since the end of 2021.
Pension Giants Lost $3T in 2022, Steepest Drop in 20 Years
Despite losses, the 300 largest funds’ share of global pension assets rose to 43% in 2021.
New York State Pension Cashes Out of $2.1B Public Equity Fund
The $254.1 billion pension giant also committed nearly $1 billion in July to a pair of investments within its credit portfolio.
Los Angeles County Pension Fund Returns 6.4% in Fiscal Year 2023
LACERA outperformed its benchmark by 140 basis points to raise its portfolio’s asset value to $73.6 billion.
Equities, Fixed Income Fuel 9.1% Return for Korean Pension Fund in 1st Half of 2023
The strong performance raised the National Pension Service’s asset value to approximately $740 billion.
US Corporate Funding Ratios Decline Slightly in August
Corporate pension funding decreased for the first time since December 2022.
CalSTRS Promotes Julie Donegan to Real Estate Investment Director
Previously a portfolio manager, Donegan is the system’s first woman to hold the position.
Phoenix Pension Fund Returns 5.4% in Fiscal 2023
The City of Phoenix Employees' Retirement System’s asset value grew to nearly $3.4 billion as of the end of June.
Australia’s Cbus Unveils New Leadership Team
The construction and building industry superannuation fund announced changes to its executive leadership structure.
BAE Systems Outsources Management of 2 UK Pension Funds to Goldman Sachs
At 23 billion pounds, the OCIO mandate is the largest in UK history, according to the asset manager.