Manager Selection
PSP Investments’ President and CEO to Retire
Neil Cunningham will step down at the end of March 2023 after more than 19 years with the firm and five years at the helm.
Search results for: Federal Reserve
Baltimore Pension Funds to Divest From Fossil Fuels
The city council will also consider a legislative package aiming to tackle climate change.
Pensions
World’s Largest 300 Pension Funds’ AUM Surge 11.5% in 2020
The sovereign wealth funds of Japan and Norway remain the two biggest in the world.
FinCEN Adviser Sentenced for Leaking Reports to BuzzFeed
The suspicious activity reports focused on subjects such as Paul Manafort and the Russian Embassy.
Regulation
SEC Extends Its Reach into Dark Web
Regulator charges former SpaceX engineer in its first enforcement of alleged securities violations on that part of the internet.
Asset Allocation
Special Report: How Private Credit, Subject of Scary Forecasts, Came Out a Winner
Institutional investors like Arizona’s pension plan have done pretty well with this newly popular asset class.
Pensions
Vermont Treasurer Calls for Pension Cuts for State Employees, Teachers
Workers would take on up to 78% of the increase in liabilities and 88% of the contribution increases.
Research
PBGC Pension Programs Continue Divergence
The pension lifeboat’s multiemployer plan is five years from insolvency, while the single-employer plan remains robust.
Infrastructure Boosts Canadian Plans, Why Not US Ones?
These vital physical assets are a steady-returning opportunity that American pension programs under-utilize, fans say.
Regulation
Mississippi Pension Sues Mylan over Alleged Scheme to Deceive FDA
President Rajiv Malik is accused of ordering workers to manipulate quality control data.