Amnesty International Scolds University Endowments for Human Rights Indifference
The report gives failing grades to several major university investment offices due to a lack of ‘human rights due diligence.’
Pensions
Corporate Pension Funds Are in Good Shape, So What’s the Worry?
Goldman’s Michael Moran warns against complacency and issues some warnings.
UK Regulators Warn Pensions to Check Data After Capita Breach
TPR, FCA and ICO are urging Capita clients to find out if any of their data has been stolen.
Illinois Nears Completion of Statewide Police Pension Consolidation
IPOPIF CIO Kent Custer reported that 324 of 357 pension funds have consolidated, totaling $9.1 billion.
Institutions Log Second Consecutive Quarter of Positive Returns
After a punishing 2022 ended on a slight upswing, allocators posted a 4.1% increase in this year’s first period, per a Northern Trust study.
CalSTRS Targets Carbon Emitters, Board Diversity This Proxy Season
The pension giant announces it will vote against the biggest polluters and all boards that have no women members.
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.
Longer Life Expectancy Puts Pressure on Global Pension Systems
The sustainability of public pension plans comes into question, as average life expectancy is projected to rise to 77.3 years by 2050, data from Allianz shows.
Volatility Has Little Effect on Public Pension Funded Levels in March
The funded ratio of the 100 largest U.S. public pensions rose despite interest rate hike, banking failures.
Global Pension Funds Fall Short of Private Equity Targets in Q1
CalPERS had the largest under-allocation, missing its target by more than $11.3 billion.
NYC Pension Funds Call On Chipotle to Adopt Noninterference Policy
Comptroller Brad Lander alleges the company has demonstrated a pattern of anti-union tactics.
UK Shelves Decision on When to Raise Pension Age to 68
The delay follows violent protests spurred by the French government’s decision to increase France’s pension age to 64 from 62.
US Pension Risk Transfer Market Hit $51.8 Billion in 2022
Higher interest rates drove a spike in transactions, Aon reports.
Corporate Pension Funding Ratios See Slight Increase in February
Volatile equity market performance mostly offset the impact of lower liability values in February, resulting in a modest boost in corporate pension funded ratios.
How to Navigate Pension Risk Transfers, per 2 Experts
Shipping off DB assets and beneficiaries to insurers can be a tricky business. What about those private equity holdings?