Newsmakers
Union to Strike over Pensions at 61 UK Universities
UCU plans four weeks of strikes after pension dispute talks end without a deal.
News
UK Defined Contribution Funds Rose 21% in 2017
Total assets of all plans grew to £48 billion.
SEC Stunts MetLife Q4 Earnings Report Due to Missing Pension Fallout
Insurer links pension predicament to ‘material weakness in internal control and financial reporting.’
Credit Suisse’s Robert Shafir Named CEO of Och-Ziff
Shift comes amidst management turmoil.
Regulation
Illinois Could Consider $107 Billion Pension Bond Gamble
SUAA proposal to be entertained Jan. 30.
Newsmakers
Royal Mail, Union Reach Pension Deal
Tentative agreement ends months-long dispute between the postal service and its main union.
Voluntary Pension Contributions Surge in New Year
More than a dozen public companies announced nearly $8.5 billion in contributions last week.
Asset Allocation
CPPIB, Longfor Properties to Create Mixed-Use China Real Estate Projects
Shanghai, Chengdu developments to provide residential, commercial use.
IMF Upgrades Global Growth Forecast
Report says global growth has had broadest upsurge since 2010.
Research
Rhode Island Pension Fund Returns 14.48%
Strong returns bring fund’s asset value to $8.42 billion.
Asset Allocation
PPGM Considers Increasing Disaster Insurance Exposure
Dutch fund’s ILS class experienced 7% annual returns, senior investment manager reveals.
Technology Takes Center Stage at CalPERS
Ranadivé tells CalPERS to look for opportunities ‘outside of comfort zone.’
UK Pension Scammers Ordered to Repay £13.7 Million
Friendly Pensions conned 245 victims over a two-year period.
Newsmakers
Soros Rips Facebook, Google at Davos
Warns of Orwellian levels of control if more stringent monopoly policies are not applied.
Newsmakers
San Francisco Creates Reduced-Carbon Portfolio
Fund will be weighted towards companies that are more environmentally friendly in their carbon usage.