News
Asset Allocation
Lagged Manager Activity Impacts New Hampshire’s Private Pacing Plan
Consultant recommends the pension complete between $300 million to $400 million of new commitments per vintage year for the next several years.
Lawsuit Alleges 401(k) Provider Violated ERISA for Self Gain
Complaint alleges Stadion, United of Omaha ‘cost participants millions of dollars in losses.’
The US Owns Most of the World’s Retirement Assets
How one region’s pension domination sets the investing agenda for the rest of the globe.
Opinion
Op Ed: How Institutional Investing Can Build Housing and Reap Returns
Determining the next generation of housing and what to expect return-wise.
Risk
Australia is Killing It in the Long Game
How diversification is key to the nation’s sovereign wealth fund’s performance.
A Large Equity Drawdown Would Cause Major Problems for CalPERS
Poor equity performance is the biggest risk for the largest US pension plan, review shows.
Research
Canadian DB Pensions End 2018 in the Red
Tumbling equity markets in Q4 negated a strong first half.
New York Closes Out Year with over $15 Billion in Transactions
Private equity sees the biggest contributions, with more than $7 billion committed.
Market Moves
Nasdaq May Be Poised for a Big Rally, Tech Guru Says
Paul Meeks forecasts a double-digit advance for tech-heavy index in 2019.
Risk
Denmark Pension’s 2018 Ended Badly
ATP loses 3.2% of investment portfolio, due to global stocks and interest rates.
Newsmakers
PBGC, Sears Reach Chapter 11 Bankruptcy Settlement
Deal cleared way for court to OK ESL Investment’s $5.2 billion takeover of the retailer.
US Treasury Approves Benefits Cuts for Two More Pensions
Mid-Jersey Trucking and Toledo Roofers become 11th and 12th funds cleared for benefits reductions under MPRA.
S&P 500 Companies See Pension Funding Increases in January
Among corporate plans, the financial sector achieves highest ratio, while energy and telecom lag.