US Public Pension Assets Tumble in Q4
Investment losses lead to $306 billion funding loss.
News
Asset Allocation
Alaska’s New CIO Details the Fund’s Prolific Co-Investment Program
Despite recent losses, co-investments have generated a 63.4% annualized five-year return.
Lawsuit Accuses CBS Execs of Insider Trading
More than $200 million of shares were sold before sexual harassment allegations were made public.
Newsmakers
Nebraska’s Chief Investor Discusses His Conservative Approach to Alternative Investors
State council also outlines private equity pacing plan with re-ups to existing managers.
Corporate Moves
Texas Health Care Foundation Finds Its Next CIO
Columbia endowment managing director becomes latest new finance chief named in health care.
Market Moves
More Signs that the Earnings Slowdown Doesn’t Spell Market Doom
Corporate profit growth is certainly ebbing, but the picture is far from grim.
Newsmakers
New Connecticut Treasurer Has a Backup Plan for Teacher Pension Bonds
Shawn Wooden taking select cues from New Jersey in maneuver’s approach.
Study: Paris Climate Agreement Would Hurt US Economy
EU analysis says US GDP would drop 3.4% by 2030.
UK Pension Scams Are All in the Family
Organized crime couples and families are swindling millions from pensions.
Asset Allocation
Texas Municipal Makes $500 Million in New Commitments
Private equity commitments totaled $300 million, part of an effort to boost the asset class.
Meeting Minutes Will Show How Dovish the Fed Really Is
Due out Wednesday, they should indicate policymakers’ thinking on their rate hike pause.
Newsmakers
Diversification Steers Canadian Pension Giant’s Ship into the Black
CEO Machin expects the next few years to be ‘much more challenging’ for investments.
Research
Brazil Lawmakers to Consider Minimum Retirement Age
Bolsonaro administration reveals proposal signing date.
Newsmakers
Los Angeles CIO Discusses Pension’s Unique Infrastructure Strategy
First-time approach to the asset class to utilize public-to-private.
Corporate Pensions Rebound After Q4 Decline
January effect helps boost asset returns and funded levels.