Risk
Despite a 1.5% Loss, Norway’s Sovereign Wealth Fund Still Beats Q1 Benchmark
Negative returns triggered by increasing uncertainty as well as volatility in global equities markets.
News Archive: Apr - 2018
Regulation
North Carolina Retirement Systems’ Assumption Rate Reduced to 7%
Fund now projected to meet return expectations over the next 30 years.
Asset Allocation
Report: UN Pension Invests in Firms Accused of Abuses
Guardian alleges UNJSPF has $1 billion in ethically questionable investments.
Newsmakers
University of Louisville Sues Former President over Endowment Losses
James Ramsey, four others are accused of enriching themselves while depleting the endowment.
Risk
Danish Pension Fund ATP Loses 1% in Q1
Fund blames first negative quarter since 2015 on falling global equities.
Asset Allocation
Sweden’s Largest Pension Plan’s $200 Million Anchor Commitment Rockets Co-Impact Fund Above Target
Second close is expected to net another $750 million.
Corporate Pension Bond Bulls Could Further Flatten the US Treasury Yield Curve
Fear of a downturn creates a rise in de-risking.
Newsmakers
California Pension Overhaul Bills Killed
Three bills aimed at lowering state pensions costs are shot down by Senate committee.
Registration Open for CIO Summit
Leading pillars of the asset owner community come together on May 10 and 11 for two days of innovative off-the-record discussion.
Newsmakers
Judge Derails Kentucky Governor’s Move to Kill Attorney General’s Pension Lawsuit
Court ruling lets lawsuit go forward to stop teachers’ retirement plan overhaul.
Regulation
San Diego County Sues Pension for Not Cutting Benefits
Retirement association says enacting lower tier of benefits would be illegal.
Court Rules Pension Plan Change Did Not Violate Law
Ruling: Northern Trust’s change in payout formula not an illegal reduction in accrued benefits.
Newsmakers
Louisiana Pension System Gets Cold Feet on Creation of New Plan
Treasurer laments system’s decision, unhappy with detracting governor.
Report: Fixed Income ESG Can Improve Risk Management, Returns
Report touts benefits of incorporating ethical investing into fixed income.
Corporate Moves
Canadian Pension Board Shakes Up Leadership
Five new executives appointed as system gets into emerging markets.