After $4 billion in losses and withdrawals, it reverses its ambitious hiring program.
A total of 25 managers received 26 commitments in the last half of the 2017-2018 fiscal year.
Wednesday’s rally helped recover some broad US equity losses, acting director of investment says.
Companies bolster pensions while taking advantage of lower tax rate.
The minuscule cut reduced the expected rate of return from 7.5%, the highest return projections of any pension plan in California.
Global economic forecasts offer somber, even gloomy, outlook for 2019.
Former Treasury chief sees risk from slumping stock market, Fed tightening, and international tensions.
Ratio of liabilities to personal income rises to 3.6%, according to Fitch Ratings.
Bridgewater superstar says a strategic asset mix will ‘distinguish the winners and losers’ in the next slump.
The space’s top dogs ditch the social media company’s stock during Zuck’s problematic year.
Private equity, infrastructure investments bring home the bacon while real estate takes a hit.
Exchange rates leave a 0.6% performance, despite strong showing in Canadian-denominated returns.
Stocks drive most of the Japanese mega-fund’s gains.
US equities help boost pension fund’s total market value to $1.02 trillion.
Providing pensions to public workers in Silicon Valley’s largest city doesn’t mean investing in venture capital. The plans now are looking at whether they are missing an investment opportunity.