Pensions
Corporate Pensions See Funding Ratio Gains in July
The funded status of corporate plans increased for the fourth consecutive month, primarily due to a decline in the value of liabilities.
News
Corporate Moves
LaSalle Raises $700M in Commitments for Real Estate Debt Strategy
The firm will lend to multi-family properties and multi-tenant industrial properties across the U.S.
Opinion
Borrowing From the Future Means Reliance on Growth, and Inflation
Prioritizing total-factor productivity instead of debt-to-GDP ratio, Nikko Asset Management’s chief strategist lays out a scenario by which the U.S. economy could recover.
Asset Allocation
AI Already Informs Indexing, Portfolio Management
Those waiting for artificial intelligence to arrive should wait no longer: Investors use it regularly in building data-informed portfolios.
Pensions
PRT Market Outlook Remains Strong, Despite Mega-Deal Slowdown
The U.S. and U.K. will continue to be the center of the $1 trillion pension risk transfer boom, according to Legal & General.
Asset Allocation
Norway’s $1.9T SWF Divests 11 Israeli Investments, More Possibly to Come
The country’s central bank has also terminated its contracts with external managers in Israel.
Corporate Moves
Nuveen Raises $1.3B For Energy Infrastructure Credit Fund
EPIC II received anchor commitments from a Canadian pension and TIAA.
Asset Allocation
Community Foundation of Herkimer and Oneida Counties Picks OCIO
Already the social impact investor’s investment consultant, Crewcial Partners will take fiduciary management over the $220 million portfolio.
Corporate Moves
IPO Market Showing Promise Despite Slow Start to 2025
Figma’s sensational July debut could entice other startups to brave the public market and help end the IPO drought.
Pensions
Kodak Seeks Pension Reversion Proceeds to Pay Down Debt, Avoid Insolvency
The company has terminated its retirement income plan in favor of a cash balance plan amidst going concern warnings.
Newsmakers
Denise Stake Named Connecticut Deputy CIO
Stake was promoted from her role as principal investment officer for real assets and will be succeeded by Amit Aggarwal.
Opinion
A Complex Environment for Investing, Governance Raises the Appeal of Investment Outsourcing
Insights from a Fidelity Investments portfolio manager on trends shaping investment strategies of small to midsize endowments and foundations in today's complex market environment.
Pensions
South Carolina Retirement System Returns 11.34% in Fiscal 2025
Assets managed by the Retirement System Investment Commission increased to $50.34 billion.
Corporate Moves
Rolls-Royce Holdings Completes $5.77B Buy-In With Pension Insurance Corp.
The pension risk transfer transaction will cover the aerospace company’s remaining liabilities.
Newsmakers
Former CAIA CEO William J. Kelly Joins Star Mountain Capital
Kelly served as the top official at the Chartered Alternative Investment Analyst Association for 10 years.