Church Pension Group Beats Benchmarks
$13.5 billion fund has $2.7 billion in commitments to limited partnerships.
Risk
CalPERS Just Misses Investment Target
CalPERS investment returns of 6.7%, below its 7% target, will likely be part of the discussion this week at retreat meeting.
AustralianSuper Warns of ‘Low or Even Negative’ Returns
Despite healthy 8.67% annual return, CIO Delaney cautions not to focus on short-term results.
Korean National Pension Fund Returns 6.81%, Hits $600 Billion in AUM
Pension tops 700 trillion won for first time in 31-year history.
Oxford Endowment ‘Flat’ in 2018, But Surpasses Long-Term Targets
University’s £3.4 billion fund described last year as ‘volatile and challenging.’
Denmark’s PenSam Excludes 26 More Oil Firms
Fund keeps Shell and BP for now, but it will still watch the companies it did not divest from to see if—and how—their ESG efforts are improving.
Pennsylvania SERS Loses 4.6% in 2018
Funded ratio falls to 56% as portfolio has worst calendar year in a decade.
Global Equities Crushed Colorado PERA in 2018
Poor returns were expected, but it sets new funding legislation in motion next week.
Myth-Busting ESG Investing Concerns: It’s Not Just for the Tree Huggers
Reports go head-to-head with popular disconcerting claims regarding ESG-focused investments.
Danish Pension Dumps Vale After Intervention Fails
MP Pension adds Vale to exclusion list after engagement talks prove fruitless.
Norway Approves Sovereign Wealth Fund Fossil Fuel Divestment
World’s largest pension fund will dump $13 billion worth of oil, gas, and coal investments.
UK’s NEST Pension to Quit Smoking
Move follows series of funds no longer interested in carrying tobacco-related investments.
Pittsburgh Mayor Asks Pension to Divest Guns, Fossil Fuels, Private Prisons
'These are areas that our financial means should not perpetuate,’ says Bill Peduto.
Rolls-Royce, Legal & General Strike $5.8 Billion Pension Deal
Insurer tops previous record for the largest risk transfer seen in the UK.