Corporate Moves
Clara Miller Appointed to Heron’s President Emerita
The philanthropy foundation’s director, president to step down in order to aid its leadership transition.
News
Asset Allocation
Swedish Pension Fund Shuns Firms That Violate Paris Accord
But despite divestment, fund still owns hundreds of millions of dollars in fossil fuel stocks.
Newsmakers
UK Pension Safety Net to Expand to £32 billion
Pension Protection Fund raises its asset, membership projections for the next three years.
Corporate Moves
Equip, Rio Tinto Staff Superannuation Fund Reveal Merger
New Board and CEO announced, with company to retain Equip name.
CEO of Halifax Regional Municipality Pension Plan Resigns
Terri Troy will leave the firm in October.
Asset Allocation
Office Oversupply Looms, But Global Economies Look Solid, Commercial Real Estate Economist Says
China, some US cities could face glut due to aggressive development.
Amazon’s Whole Foods Purchase Sends Worldwide Retail Stock Shock
Acquisition shows value of brink-and-mortar establishments for food purchases, UBS says.
It’s Official: UTIMCO Names Britt Harris as President, CEO, CIO
After 10 years with TRS, the legendary CIO will officially move on to head UTIMCO.
Panelists: Evergreen Funds Seeing Resurgence
SuperReturn East speakers say funds more popular with investors as they increase allocations to private credit.
Corporate Moves
Britt Harris Jumps Ship to UTIMCO, Pending Board Vote
TRS veteran to replace seat vacated by Bruce Zimmerman last fall.
Rutgers Conference: US Real Estate “Priced to Perfection”
Grocery-anchored and experiential-based retail, creative office space offer good opportunities.
Michigan GOP Reaches Deal on Teacher Pensions
Teachers union says “back-room deal” would increase financial risk for new hires without improving funding.
Swiss State Pension Publica Divests from Weapon Firms
$38 billion fund is selling off its stakes in five arms manufacturers.
Newsmakers
Louisville Endowment Audit Finds Rampant Mismanagement
Scathing report accuses fund of poor oversight, depletion of funds, and unauthorized transactions.
Newsmakers
PA SERS Gets a Boost in Q1 2017 Earnings
The Pennsylvania-based pension fund trumps last year’s Q1 reports.