Risk
Phoenix Using New Strategy to Chip at City Pension Debt
Concept being applied to additional city departments.
CalPERS Loses $15B in Stock Drop
But fund’s 4.6% loss is nearly half of what market lost overall, Eliopoulos says.
California Controller, CalSTRS CEO: Financial Markets Are Underpricing Carbon Risk
CalSTRS’ Jack Ehnes urges asset owners to help lawmakers understand the ‘business case’ for clean energy.
Illinois Lawmakers Entertain Bold Bond Sale Plan
Details explained by University of Illinois math professor.
FCA Warns of Social Media Cryptocurrency Scams
Regulator says investors lost £87,410 per day last year to binary options scams.
Carillion Collapse Leaves Pensions’ Fate in Doubt
Construction company’s 28,000 pension members transferred to lifeboat.
UK Pension Industry Executes Rapid-Fire Stock Sale
De-risking measures prep for possible market shock.
NYC Pension System to Divest $5 Billion from Fossil Fuels
Seeking climate change-related damages, city files lawsuit against five major oil companies.
TOBAM President Opens Up about New Bitcoin Mutual Fund
Choueifaty discusses heavy research prior to fund’s launch, Bitcoin criticism.
Hedge Funds Bet $5.4 Billion on Toshiba
New shares account for more than half of the company’s current market value.
NCR Agrees to US Pension Risk Transfer
De-risking move will help secure $190 million of benefits for 6,000 participants.
Florida SBA Commits Over $1 Billion to Nine Managers
Funds go toward private equity, real estate, and distressed debt investments.
Boeing Boosts Pension Fund by $3.5 Billion
Move is expected to eliminate mandatory pension funding through 2021.
