Pensions
Clarks Footwear, Pension Insurance Corp. Complete $677M Annuity Buy-In
The pension risk transfer will cover 8,000 beneficiaries and could set the stage for a record-setting year in transaction volume.
News
Pensions
ERSRI, COAERS Issue Consultant RFPs
The Employees’ Retirement System of Rhode Island is searching for an investment consultant, while the City of Austin Employees’ Retirement System seeks a private markets consultant.
Pensions
Most PBGC Premium Payment Deadlines Accelerated
Premiums for plan years beginning in 2025 will generally be due one month earlier than provided in the PBGC’s payment of premiums regulation.
Pensions
Pension Income Contributed $1.5T to US Economic Output in 2022
Private and public sector defined benefit pension fund payments added $224.3 billion in tax revenue in the period, according to the National Institute on Retirement Security.
Newsmakers
Insight Investment CEO Abdallah Nauphal to Retire, Raman Srivastava Named as Successor
Nauphal will retire in the first half of 2025 after 20 years at the firm.
Pensions
CalSTRS to Review General Investment Consultant RFP
Current consultant Meketa’s contract with the California teachers’ pension will end on June 30.
Asset Allocation
NBIM Acquires $1B Stake in Logistics Portfolio From CPP Investments
NBIM takes a 45% interest in a 48-building U.S. portfolio, while the Canadian Pension Plan separately divested from a real estate joint venture in China.
Asset Allocation
Oregon Pension Publishes Inaugural Progress Report on Net-Zero Plan
The Oregon Public Employees’ Retirement Fund aims to achieve a net-zero carbon emission portfolio by 2050.
Alternatives
Consultant IDs Trends That Will Define Hedge Fund Industry in 2025
Agecroft Partners expects an increase in volatility and a decline in demand for large multi-strategy funds.
Asset Allocation
Equity Strength May Come From More Than Just Mag 7 in 2025
Investors expect a stock rally to continue in 2025, fueled by deregulation and tax cuts, while watching policy closely.
Asset Allocation
The Plethora of Unknowns Means Questions for Bond Investors in 2025
Private and global credit offerings could provide diversification as debt markets deal with political and policy uncertainty.
Asset Allocation
Private Markets May See a Brighter 2025
Hopes for more M&A activity could lead to more deals and liquidity.
Asset Allocation
CFA Establishes GIPS Guidance for OCIO Providers
Effective December 2025, the framework – which has been in development for several years – will be mandatory for firms that claim compliance with GIPS standards.
Pensions
PBGC Updates Rate Tables on Expected Retirement Age, Missing Participants Mortality Assumption
Effective date for the final rule is January 1, 2025.
Newsmakers
Academics Form ‘Shadow SEC’ Group to Facilitate Policy Discussions on Federal Securities Laws
The academic group will seek the “wisest possible federal securities laws and policies” and backed Trump’s pick for SEC chair.