Regulation
Chattanooga’s Fire and Police Pension Fund Sues Wells Fargo
Tennessee fund accuses trustee of committing ‘systemic nondisclosures.’
News
Research
Canadian Pension Funds Invest C$25 Billion in Asia-Pacific
Report finds investments focused on Asia-Pacific region have been mutually beneficial.
Newsmakers
Breaking: CalPERS’s Ted Eliopoulos to Step Down
CIO plans to spend more time with family, fund will conduct a national search for his replacement immediately.
Newsmakers
A New Generation of Hedge Funds Can Provide Stability
Australia’s sovereign wealth fund CIO is betting hedge funds can help reduce risk.
Risk
Rhode Island Pension Plans Total $2.4 Billion Shortfall
Report finds that more than one-third of local pensions are in critical status.
TPR Unveils ‘Tougher Approach’ to Pension Regulation
Regulator releases three-year plan to improve UK pension standards.
Research
Canadian Pension Investments Edge Higher in Q1
Defined benefit plans return 0.2% after gaining 4.4% in previous quarter.
Newsmakers
CalSTRS Ponders Collaboration for Private Market Investments
Ailman says efforts under discussion with three West Coast and three global pension plan officials.
Newsmakers
University of Michigan Responds to Endowment Conflict of Interest Reports
University hires PricewaterhouseCoopers to conduct internal audit.
Regulation
Rolls-Royce Reaches Pension Deal with Unions
DB plan to stay open until 2024 as contributions are increased for DC plan members.
Wilshire: State Pensions Are Over 70% Funded
Although liabilities climb, shortfalls shrink by $58 billion.
Newsmakers
CalSTRS to Put Pressure on Gun Retailers
New plan would force Kroeger, Walmart to pull firearms from shelves or face divestment.
Risk
FedEx Sending $6 Billion in Pension Liabilities to MetLife
Transaction is largest risk transfer in US since Verizon/Prudential deal.
Asset Allocation
Canadian Pension Board, Allianz Capital Among First to Invest in Indian Private Infrastructure Trust
Project will see toll road development across four Indian states.
Corporate Moves
Exclusive: After More Than a Year of Searching, Connecticut Has Found Its New Chief Investment Officer
New York MTA's first CIO Sean Crawford to take the helm.