CalPERS Consultant Defends Forestland Sale
The pension lost around $500 million as it sold most of its portfolio.
The pension lost around $500 million as it sold most of its portfolio.
The specialty insurer saves benefits of 9,000 members by shifting them to annuities.
Private and public equities lead the way with double-digit gains.
Publica has cut some stocks to de-risk, and will also sell some of its bonds as part of a new strategy.
Foreign equities drive Japan’s Government Pension Investment Fund’s 1.68% returns in its first fiscal quarter.
Equities are among the highest performers for the Canadian pension fund’s mid-year returns.
Struggling pensions from New York, New Jersey, and Ohio seek relief from the Treasury Department.
Organization says tariffs and retaliation could ‘derail’ recovery.
Insurer Prudential will now carry the retirement obligations of 13,000 Raytheon members and beneficiaries.
New York State Common Retirement Fund owns stakes in GEO Group, CoreCivic.
Audit finds ‘significant level of long-term debt liabilities.’
Benefits lifeboat took on highest total obligations in Carillion, Toys R Us, and Hoover liabilities.
State pension system targets arms sales, using contractors instead of employees, and foreclosures on hurricane victims.