Newsmakers
Hartford HealthCare Increases Allocations to Private Strats
Searches for niche opportunities within emerging markets.
News
UK Defined Benefit Plans’ Deficit Shrinks
Reports from Pension Protection Fund and Mercer show improved DB funding.
MSCI EM Index Up 25% YTD
WTI Crude prices hit $50 for the first time since May.
Despite Increased Competition, VC Fund Managers Confident in Future Opportunities
Preqin study finds main concerns are the exit environment, fundraising, and performance.
Research
UK Baby Boomers Living Large Off Pensions
Report shows retirees’ disposable income more than quadrupled since 1977.
Valvoline to Make $400 Million Pension Contribution
Company launches debt offering to raise funds for pension.
Research
Tremendous July Flooding Costs Asia Over $10 Billion in Damages
China felt biggest impact, primarily in Yangtze River Basin.
Wilshire TUCS Reports Longest Institutional Assets Hot Streak Since 1998
Strong performances from all major asset classes leads to seventh quarter in a row of positive gains.
Research
Kentucky Employees Retirement System Reports Double-Digit Gains
The state’s main pension funds’ returns ranged from 12.5% to 13.81%.
Newsmakers
Brazil’s President Temer Seeks Votes for Pension Reform
Taps House speaker Maia to strategize bill, which would increase minimum age for pensions and cut benefits.
Automatic Enrollment Boosts UK Pension Participation
TPR report finds the overall percentage of eligible employees saving into a workplace pension increased to 78% from 55%.
CalSTRS Praises S&P Dow Jones Multi-Class Shares Decision
Dow Jones’ decision made after committee’s market reviews, consultation responses.
Pennsylvania SERS Reports 6.5% Return in 2016
Steps being made to successfully implement new law that moves new employees into hybrid pension plan.
World’s Largest Pension Fund Reports 3.5% Increase in Q1
Largest gains point to domestic, foreign equities.