Hedge Fund Titan Daniel Loeb Worries About Fed Hikes
Activist investor thinks aggressive short-term rate increases 'heightens' recession risk.
News
Asset Allocation
CDPQ Fund, AMP Capital Invest $500 Million in Tillman’s Cellular Towers in US
The deal is the second major construction project for the huge Canadian pension fund.
NY Pension Fund to Divest Private Prison Holdings
New York State Common Retirement Fund owns stakes in GEO Group, CoreCivic.
Pennsylvania Withholds City’s Aid over Investment Firm Hiring
Auditor general says the process to replace the investment manager was 'fatally flawed.'
Newsmakers
CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
CalSTRS CIO Warns Trump’s China Policies Could Disrupt Market
Tweets and policies could escalate trade dispute into a trade war.
Newsmakers
New Connecticut Study Group Aims to Solve Pension Mess
Commission will study state’s fiscal situation in an attempt to boost the state-worker retirement system’s low 41% funding level.
Asset Allocation
Canada Pension Plan, Boston Properties Buy Santa Monica Office Park
The joint venture will be able to buy the underlying land in 10 years.
Risk
Church of England Pension Returns 9.4% in 2017
Audit finds ‘significant level of long-term debt liabilities.’
Millennials Biggest Beneficiaries of Pension Protection Act
Survey says millennials will have more retirement income than boomers, Gen X.
S&P 500 Pension Funding Increases Nearly 5% in 2017
Funded ratio for S&P 500 defined benefit plans rises to 85.8%.
Newsmakers
CalSTRS Begins Review of Holdings of Private Prison Companies
Review ordered personally by CalSTRS CIO Chris Ailman in a rare move.
Newsmakers
CIO’s Ninth Annual Industry Innovation Awards: Nominations Open
Nominations for innovative and talented asset owners and managers/servicers open until August 4.
Opinion
Opinion: Field of Dummies and The Greater Fool Theory
A simple solution to the FiX we are all in.
Newsmakers
Putin Says He Doesn’t Like Pension Overhaul Plan
Russian president voices doubt about controversial proposal to raise retirement ages.