Pensions
Arkansas Public Employees’ Retirement System Returns 10.42% in Fiscal 2024
The assets of APERS grew to $11.479 billion.
News
Pensions
PBGC Grants $31.6M to Newspaper Drivers Pension Plan
The Ohio-based Newspaper Drivers Local 473 Plan will receive funding under the Special Financial Assistance Program.
Newsmakers
PSP Investments CIO van Gelderen Set to Depart
The investment chief since 2018 will step aside now, with his official departure set for October 1.
Pensions
STRS Ohio Returns 10.53% in Fiscal 2024
The assets of the State Teachers Retirement System of Ohio grew to $95.3 billion.
Research
Talk of Presidential Race Showing Up on Earnings Calls
The word ‘election’ has appeared almost twice as often as it did four years ago, per FactSet.
Pensions
Virginia Retirement System Returns 9.9% in Fiscal 2024
The assets of the pension fund rose to a record $113.9 billion.
Asset Allocation
Norway’s Pension Fund Global Returns 2.1% in Q2; Asset Value Rises to $1.69T
Equities were responsible for the sovereign wealth fund’s 8.6% first half gains.
Pensions
Alecta Returns 7.7% in First Half of 2024
The assets of Sweden’s largest pension fund grew to $126 billion.
Pensions
Study: Decline in DB Plans Widens Income Inequality Gap
NCPERS research found that increasing income inequality ‘degrades national economic growth.’
Pensions
Japan’s GPIF Reclaims World’s Largest Pension Fund Title
The pension giant also released an annual survey evaluating the stewardship of its external asset managers.
Regulation
Corporate Raider Icahn Fined $2M for Disclosure Failure
The investor agreed to fines for not reporting he had borrowed against his stake in an investment firm he controls.
Research
Rate Cuts: How Fast, How Big?
Forget about that half-point cut in September you had heard about, strategists say.
Asset Allocation
CPPIB Ekes Out 1% Gain in Q1, Promotes Caitlin Gubbels to Head of Private Equity
Public and private assets helped the pension fund swing from a loss one year earlier to raise its asset value to $471.5 billion.
Pensions
PSERS, Aon Settle Lawsuit for $7M
The accounting firm admitted to errors in a 2020 risk analysis, significantly disrupting the Pennsylvania education workers’ plan.
Asset Allocation
New York State Pension Boosts Private Equity Investments
More than half of the $1.3 billion in June commitments were made within the NYSCRF’s PE portfolio.