S&P 1500 Pensions’ Funded Status Rises 1% in September
Pensions' funded status reaches highest levels since 2015.
News
UK FCA: Less than Half of DB Pension Transfers Studied Receive Suitable Advice
Report finds only 47% of consumers receive appropriate advice on defined benefit transfers.
Newsmakers
California Treasurer Urges CalSTRS to Drop Gun Sellers
$213.7 billion fund owns shares in at least three public firms that make and sell guns and ammunition.
Newsmakers
NJ Public Pension Fund Returns 13%, Approves Up to $525 Million to Private Asset Strats
$76 billion fund just misses benchmark for fiscal year 2017.
Newsmakers
Stanford Investment Portfolio Generates 13.1% Annual Return, Slightly Beating Higher Ed Median Returns
Endowment gains 10.7%, grows to $24.8 billion.
Research
Increased Leverage Raises Risk for Canada’s Pension Funds
Leverage of six largest funds in country has risen to 24% from 19% in 2009.
Newsmakers
University of Missouri Adjusts Endowment, Pension Asset Allocation
Adjustments made to lower risk, and in anticipation of lower returns.
Newsmakers
Brown University Endowment Returns 13.4%
Strong global stock markets boost $3.2 billion portfolio.
Newsmakers
U of Louisville’s Endowment Returns 12.6%
Scandal-plagued university, foundation face Moody’s downgrade.
Newsmakers
Congress Members Introduce Bill to Protect Miners Pensions
New Act would direct Treasury to make loans to near-insolvent plans.
Newsmakers
Royal Mail Workers Vote Overwhelmingly for Strike Over DB Pension Changes
Official dates to be determined at Thursday’s union meeting.
Research
UK Private-Sector Pension Funding Levels Rise
DB plans show signs of fiscal improvement in September.
Newsmakers
CIO Exclusive — Ray Dalio: Establishing My Principles
The Bridgewater founder, co-CIO, and former co-CEO reveals some of his most important principles and their foundations in an exclusive interview with CIO.
Research
Wilshire: US Corporate Pensions Up 1.3% at End of September
Longest streak of gains in more than 30 years, firm says.
Preqin: Venture Capital Deals on Track for All-Time High
Despite lower volume, VC deal values are breaking records.