US Net Pension Liabilities Top $1 Trillion
Ratio of liabilities to personal income rises to 3.6%, according to Fitch Ratings.
Risk
Ray Dalio Sees Investors Ill-Prepared to Weather Next Bear Market
Bridgewater superstar says a strategic asset mix will ‘distinguish the winners and losers’ in the next slump.
Hedge Funds Clip Facebook Shares in Q3
The space’s top dogs ditch the social media company’s stock during Zuck’s problematic year.
Alaska Permanent Fund Increases 2.1% in First Fiscal 2019 Quarter
Private equity, infrastructure investments bring home the bacon while real estate takes a hit.
CPPIB Ekes Out Small Q2 Returns
Exchange rates leave a 0.6% performance, despite strong showing in Canadian-denominated returns.
Norway’s Sovereign Wealth Fund Returns 2.1% in Q3
US equities help boost pension fund’s total market value to $1.02 trillion.
Venture Capital Investments May Be in Future for Two San Jose Pension Plans
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.
University of Chicago Endowment Returns 8%
Reaches all-time high of $8.2 billion, but misses 8.3% median return among colleges and universities.
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.