If the Rich Think a Recession Is Coming …
UBS survey of family offices says a majority foresee an economic slump in 2020.
Risk
Ohio Public Pension Seeks Legislative Approval to Reduce COLAs
Cuts are expected to save pension an estimated $3.44 billion.
Organizations Relying on Ethical Hackers to Improve Security Postures
‘Bug bounties’ offered by major technology companies to help find vulnerabilities.
Texas Teachers System Returns 6.4%, Misses Benchmark
Global equities spur 3.2% return for second quarter.
China Investment Corp. Sees Flat Results
Rough year brought on by wild global swings and higher volatility, says CEO.
California Pensions Could Be Mandated to Divest from Turkish Assets over WWI Atrocities
Legislation condemning Turkey for its failure to recognize the Armenian Genocide would result in California divestments.
University of California Endowment, Pension to Divest All Fossil Fuels
CIO and investments chairman say faculty, student protests did not push the decision.
University of California Endowment Returns 8.24% in Fiscal 2019
Private equity returns of 27.4% help raise asset value to $126.1 billion.
FTSE 350 Pension Deficit Hits Two-Year High
Mercer warns pension trustees to brace for a no-deal Brexit.
Private Equity Powers VRS Returns, Just Missing Assumed Rate
Fund planning on bulking up private investments.
Swedish Pension Fund AP2 Returns 10.7% in First Half
Despite strong return, fund fell short of its benchmark by 0.4%.
New York Cuts Investment Return Assumptions to 6.8%
DiNapoli says a ‘more conservative approach’ needed for lower return environment.
CalSTRS Investment Staff Wants Stock Reductions
The volatility of equity markets means CalSTRS staff wants to be less dependent on stock investments.
Norway Pension Giant Earns 2.95% in Q2 on Strong Equities, Fixed Income
Central Bank suggests adjusting GPFG's benchmark to increase North American equities.
Private Equity Steers Iowa PERS to 8.35% Return
Fund beats 2018 performance and assumed rate, but just misses benchmark.