Newsmakers
Ray Dalio Is Freaked Out by Trade War with China
The hedge fund magnate calls for negotiations between Washington and Beijing.
News
Asset Allocation
Connecticut Considers Gun Divestment
State treasurer says she may ‘divest or not make further investments in gun companies.’
Discount Rate Increase Helps Grow Pensions in February
LGIMA expects heavy fixed income contributions to come.
CAAT Pension Plan Hits 118% Funded
CEO says plan is ‘in discussions with several organizations and employee groups’ about joining the fund.
Private Equity Buyout Value, Exits Rise in 2017
Report says asset class closes out best five-year stretch in industry history.
Preqin: 80% of Institutional Investors Bet on Alternatives
Investors seek to allocate more to private debt, infrastructure in coming year.
Corporate Moves
UVA Investment Management Firm Names New CEO, CIO
Robert Durden has been tapped to head up Virginia’s $9.2 billion endowment.
Newsmakers
NJ Treasurer to Raise, then Lower, Assumed Rate of Return
Move to help reduce costs for state, local governments.
Alternatives
CPPIB Enters Merger with Brazilian Wind Farm
Merger sees both entities holding all shares capital, allows for use of the put option.
UK Pensions Funded Level Accelerates in February
Total deficit for private sector DB plans shrinks 41% over the past year.
Reducing Personal Risk for ERISA CIOs
CIOs are personally liable for breaches, but there are steps to create more safety.
Swedish Pension Fund AP6 Returns 12.3% in 2017
Annual return nearly doubles earnings from previous year.
Council of Institutional Investors Calls for Corporate Board Governance to Mitigate Sexual Harassment
Group recommends reporting case payouts, strengthening board diversity.
Newsmakers
Substitute Kentucky Pension Bill to Be Introduced
Attorney General reveals letter citing 21 legal violations with bill hours before meeting.
UK Pensions Could Benefit from Black Box Thinking
Report says DB plans should take best practices cues from aviation industry.