CalPERS Outlines Key Economic Risks for Next Decade
Declining interest rates, increasing profit margins less likely to repeat, and high valuations across domestic markets topped the list.
China helps index rebound sharply from previous year’s 9% decline.
Pantheon’s Shepherdson finds that need for hiring amid solid economic growth calmed worries.
Only 30% of plans have processes to manage ESG risks.
Plans, like the New England Teamsters', covering 1.4 million people are underfunded by $56.5 billion.
Lawmakers assert legalization is a ‘win-win situation for everyone involved,’ and advocate for a quick approval.
Sergeants Benevolent Association calls Malaysian scandal ‘worst-ever fleecing of a sovereign wealth fund.’
New system will be consolidated from 42 separate plans into one.
Mercer expects UK bulk annuity market to top £40 billion this year.
Norges Bank says Brazilian oil firm’s US settlement reduces corruption risk.