University of Chicago Endowment Returns 8%
Reaches all-time high of $8.2 billion, but misses 8.3% median return among colleges and universities.
Risk
University of California’s Pensions, Endowments Drive Asset Outperformance
An 8.1% total return sees the institution’s asset growth beat most benchmarks.
Harvard ‘Not Pleased’ with 2018 Performance
CEO Narv Narvekar says it will be a few years before restructuring results will be seen.
NJ Investment Council Won’t Pull Its Nike Shares over Kaepernick Ad
Acting chair says the shoemaker’s shares have been strong, and the fund ‘decided to not take a position’ on controversial campaign due to the organization’s ESG policy.
Oregon Pension System Vulnerable to Attacks
Audit report finds ‘severe deficiencies’ in state pension’s disaster recovery system.
Prudential Closes $3.2 Billion in New UK Longevity Reinsurance Deals
Firm says market for pension de-risking is expanding at its fastest pace in years.
Michigan Endowment Returns 10.7%
Board of regents approves new model portfolio for 2019 fiscal year.
Brazil’s Previ Won’t Cut Vale Shares Anytime Soon
The pension fund’s recent accounting changes boost the value of its stake in the iron ore miner.
Ohio Retirement System Lowers Assumed Rate of Return
Fund is cutting the rates for public employee and healthcare plans due to lower market expectations.
Italy Moves to Lower Pension Eligibility Age in Budget Proposal
European Union has to approve the measure, which is aimed at making room for younger workers.
Washington State Investment Board Returns 10.04%
The returns beat pension system peers and are the result of the investment organization’s large commitment to private market investments.
New Hampshire Retirement System Grows to $8.87 Billion
Fund has beaten up to 90% of its peers over the past quarter-century.
Columbia Endowment Reports 9.0% Return for 2018
Investment gains were lowest among any Ivy League endowment.
Princeton Endowment Returns 14.2% in 2018
University’s investment earnings lead all Ivy League endowments so far this year.
Legal & General in $3.14 Billion Deal to Take Over Nortel Pension Plan
Bulk annuity buyout frees fund from British pension rescue agency.