Pensions
Despite Market Rebound, Rising Unemployment Hurt Public Pensions
A report from the Center for Retirement Research finds that layoffs led to increased contribution rates.
Tag: COVID-19
Pensions
Market Rebound Spurs Record 33.55% Return for NY State Pension Fund
Equities helped boost the investment portfolio’s asset value by more than $60 billion to $254.8 billion.
Asset Allocation
Fidelity 401(k) Plan Balances Rise to New High in Q1
Despite economic fallout from the pandemic, defined contribution plan balances remain strong.
Pensions
How Allocators Can Find Good Health Care Investments After the Vaccine Rollout
The outlook for new technologies is bounteous, our symposium panel says.
Research
COVID-19 Has Disproportionate Impact on Multiemployer Plans by Industry
Survey finds construction industry plans remain healthy, while transportation and manufacturing plans struggle.
Asset Management Culture
Diversity, Inclusion, ESG Are Key Focuses for Headhunters Seeking CIOs
The pandemic and social upheaval have impacted trends in hiring at endowments, family offices, and foundations, recruiters tell our symposium.
Alternatives
CPPIB to Invest in French Real Estate Credit
The Canadian allocator has placed a $222.5 million bet on commercial real estate properties.
Pensions
Fintech CEO Pleads Guilty to COVID Loan Fraud
Sheng-Wen Cheng claimed celebrities, athletes, and even a deceased Penn State football coach were on his payroll.
Asset Allocation
Tax Change Fears Spur Record M&A Dealmaking in Q1
The specter of higher capital gains taxes in 2022 accelerated activity, Echelon says.
Asset Allocation
Where to Invest in Real Estate Right Now, and Where Not to, Say 2 CIOs
Ohio SERS’s Majeed and NEBF’s Tarbox assess infrastructure, offices, retail, and more in our webinar.
Market Moves
Endowment Index Rises 4.43% in First Quarter
Strong equity markets helped index outperform benchmark 60/40 index.
Pensions
Ontario Teachers’ Pension Fund Misses Benchmark with 8.6% Return in 2020
But the C$221.2 billion plan ends 2020 fully funded for the eighth straight year.
Pensions
Single-Employer Plans Can Lower Target Returns to 4% and 5%
Under the pension relief bill, allocators can aggressively de-risk corporate funds, says Insight Investment.
Asset Allocation
Special Report: How to Make Money from Distressed Real Estate in 2021
Pension funds and other institutions are considering investing in problem properties via KKR, Apollo, Blackstone, and other Wall Street players. The goal: turnarounds.
Research
OECD More Than Doubles US Economic Growth Forecast
Fiscal stimulus and a sustained vaccination pace are expected to spur the strongest GDP growth in 37 years.