UK Government Leaves Universities on Their Own to Deal with Increased Public Pension Costs
Opponents call the ruling ‘deeply worrying’ for the future of the country’s higher education institutions.
News
Manager Selection
TRS Expands Diversity Recruiting by Partnering with Howard U
Albright: ‘Any number of Howard students may be tomorrow’s investments superstars – and we want them playing on our team for our members’ long-term financial security.’
Goldman Puts Number on Odds of a Recession: Just 10%
Wall Street firm credits the Fed’s about-face for sunnier view.
Opinion
At Pension Bridge: CIOs Debate Passive vs. Active, What Worries Them
At conference, Texas, Nebraska, and Minnesota chiefs mull over deep questions about how they deploy their capital
Asset Allocation
At Pension Bridge: New Hawaii CIO Speaks on Hedge Funds
Elizabeth Burton finds value in a selective approach to an asset class that hasn’t done well lately.
Regulation
Norway Reviews Ethical Guidelines
Government Pension Fund Global also introduces coal thresholds.
Regulation
New Illinois Bill Would Consolidate more than 650 Police and Fire Pensions
Debates ensue over projected returns, transition costs, and throwing the fund’s impeccable funded ratio off-balance.
Regulation
Senators Grill the Feds After Allowing Retirees to Receive Lump-Sum Benefits
Retirees sometimes left devoid of important information in buyout decision–making process, lawmakers argue.
Asset Allocation
ESG Grows More Popular with Asset Managers
Some 75% of asset owners and 62% of asset managers hold ESG funds, BNP Paribas study says.
Risk
Consolidation Among Top Priorities for UK’s PLSA
Pension industry trade group releases four-year work plan.
Mass PRIM CIO, Cliff Asness Talk Career Lessons at Pension Bridge
Michael Trotsky reveals early challenges at the Bay State fund, Cliff Asness describes vexations of serving on an endowment committee.
Newsmakers
Pension Bridge: 3 State Pension Plans Bare All on Funding Messes
At Pension Bridge, Dick Ingram, Dominic Garcia, and Glen Grell reveal how their programs ended up underfunded.
Church Pension Invests $40 Million in Clean Energy Projects
Group also names Ellen Taggart as CFO, treasurer
Is an Earnings Recession Really Coming?
Morgan Stanley says yes, CFRA says no.
Manager Selection
OP-ED: The Art and Science of the New-Age Unicorn CFO
The new-age CFO works closely with the CIO to pursue a company’s long-term strategic welfare and management of the organization’s investment portfolios.