Newsmakers
Oregon PERS to Lower Fund’s Assumed Rate 0.3%, Increasing Unfunded Liability
New rate suggested by Milliman based on study.
News
Newsmakers
UN Pension Fund Launches Global Search for New CIO
Female candidates strongly encouraged.
CIO’s Transition Manager Survey Deadline Extended
Transition Managers can now be rated by clients via online questionnaire until August 4.
Newsmakers
Trump Administration Removes Scaramucci
“The Mooch” removed from White House position as new chief of staff appointed.
Maryland SRPS Returns 10% in FY2017
Private, public equity reap the majority of gains.
Research
Church of England Pension Board Posts Best Year on Record with Returns of 21.2%
Fund doubles down on ethical investing, returns highest since record keeping started in 2003
Newsmakers
$1.3 Billion Needed for Chicago Pension Funds, Debt Payments, KBRA Says
The bond rating agency suggests positivity, despite rocky road ahead.
GSAM’s Moran: Surging PBGC Fees Incentivize Pension De-Risking
Companies are increasingly considering annuitization and lump sums due to sharply rising premiums.
Preqin: Asia-Pac Institutional Investors Increase Hedge Fund Investments by 12% in 2016
Australia, Japan, and Hong Kong lead the pack.
Natixis Ranks US 17th for Retirement Wellbeing, Income Inequality a Minus
Although the US spends more on health care per capita, its life expectancy lags compared to other developed countries.
Focus Fund Seeks to Make $900 Million in Senior Housing Investments
The fund seeks to add value by making property improvements and improving residential experiences.
Private Equity Real Estate Deals Bounce Back in Q2
Dry powder makes a steady jump to $246 billion.
Hirtle Callaghan Creates New Client Engagement Role
Brings on Hartford Funds’ Erica Evans to further the firm's client-centric model.
Apollo Secures $24.6 Billion for Largest Private Equity Fund Ever
Strong historical returns and booming investor interest in asset class allow for record raise.