Oregon PERF Posts 3.2% Q2 Return
The $95 billion Public Employee Retirement Fund outperformed its benchmark by 2 basis points.
Pensions
US Public Defined Benefit Returns Beat Targets By A Mile
The median return of 11.3% for fiscal year 2025 topped the funds’ assumed rates of return by 430 basis points.
Canada Pension Plan’s Allocation to Energy Stocks Surges In Q2
Tech stocks remained the $527.3 billion pension fund’s top holdings, led by Nvidia, Microsoft, and Apple, despite dumping 22% of its Alphabet shares.
La Caisse’s Equities Portfolio Leads 4.6% First Half Return
The Québec pension fund’s asset value rose to $357.5 billion.
Maryland SRPS Returns 9.83% in Fiscal 2025
Assets of the State Retirement and Pension System rose to $73.5 billion.
Berenberg, Lurse Awarded First OCIO Mandate
The two firms had previously partnered to offer outsourced CIO services to German occupational pensions.
Multiemployer Pensions See Asset Surpluses for First Time
The funding ratio of U.S. defined benefit multiemployer plans reached 100% at the end of June, according to Milliman.
Corporate Pensions See Funding Ratio Gains in July
The funded status of corporate plans increased for the fourth consecutive month, primarily due to a decline in the value of liabilities.
PRT Market Outlook Remains Strong, Despite Mega-Deal Slowdown
The U.S. and U.K. will continue to be the center of the $1 trillion pension risk transfer boom, according to Legal & General.
Norway’s $1.9T SWF Divests 11 Israeli Investments, More Possibly to Come
The country’s central bank has also terminated its contracts with external managers in Israel.
Kodak Seeks Pension Reversion Proceeds to Pay Down Debt, Avoid Insolvency
The company has terminated its retirement income plan in favor of a cash balance plan amidst going concern warnings.
South Carolina Retirement System Returns 11.34% in Fiscal 2025
Assets managed by the Retirement System Investment Commission increased to $50.34 billion.
National Grid Completes Third Pension Risk Transfer via Rothesay
The $1.2 billion annuity buy-in, the third in five years conducted by the pension and insurer, will cover 7,130 uninsured scheme members.
New York City Pension System Returns 10.3% in Fiscal 2025
The city’s five retirement systems collectively managed $294.6 billion as of the end of June 30.