Milliman Reports Corporate Pension Plan Funded Ratio Dip, Wilshire Sees Rise
For corporate pension plans singed by drop in discount rates, dips are partially countered by rising market returns.
News
Bitcoin: ETF Dream Deferred
Spec price drops, rebounds after SEC rejects first exchange-traded fund that tracks Bitcoin.
For Large Employers, Pension Costs Will Continue to Mount in 2017
Companies look to reduce pension risk, as plans continue to be hurt by rock-bottom interest rates and weak performance by bonds.
Natural Resource Fund Assets Grow by $48 Billion in Six Months
35% expect the asset class to perform better than it did in 2016, 21% believe it will perform worse.
California’s Pension Systems Lower Discount Rates
Reducing discount rates seen as painful in the short term, but set the stage for heftier employer contributions.
Report: Scottish Council Pensions Invest £1.7 billion in Fossil Fuels
By contrast, only £234 million invested renewables and social housing across all funds.
City Pension Plans See Varying Rates of Success
S&P Global Ratings report finds Indianapolis best positioned, Chicago worst.
University of Michigan Endowment Increases Diversification into Private Debt
New managers would account for 30% of all the endowment’s managers specializing in private credit, distressed and other forms of debt.
CalPERS Mulls Terminating Contract with Delinquent Group
Move would reduce the pensions of 62 retirees and 135 separated employees by approximately 63%.
Ontario Teachers’ Pension Fund Invests $2 Billion in Clean Infrastructure Partnership
Anbaric Development Partners will build clean energy infrastructure projects, upgrade aging transmission networks.
Pennsylvania State Fund Returns 6.5% in 2016
Fund hires new real estate consultant, replaces hedge fund asset class with a multi-strategy asset class.
Newsmakers
Learning By Doing
An ambitious privatization program forms part of the reform program for the Greek economy negotiated with the European Institutions and the IMF. How is it being implemented?
Asset Allocation
Looking Beyond The Election
Strategy and tactics for asset allocation during the Trump administration.
Canada Enacts Pension Reform Changes
Canada will increase the maximum retirement benefit by more than 50%.