Continuation Funds Raise Questions About Valuation Risk in Pension Portfolios
As more GPs pursue continuation funds, institutional investors are faced with new questions about the overall risk levels in their portfolios.
Tag: Equable Institute
Asset Allocation
Public Pension Funds Continue to Boost Alts Allocations in Search of Higher Returns
The Equable Institute’s State of Pensions 2023 report claims that ‘pension funds are addicted to risk.’
Asset Allocation
Public Pensions Remain Active in Adapting Allocations
U.S. public pension managers are confident their plans are well-hedged against inflation, as they plan to increase allocations to commodities and boost infrastructure investing.
Pensions
Teacher Pension Costs Triple Since 2001, Report Says
Research finds education retirement costs are significantly outpacing education spending.
Pensions
U.S. State, Local Public Pensions Saw Funding Statuses Fall in 2022
The Equable Institute recently released its year-end update to State of Pensions 2022, covering the funding status of public pensions across the country.
Pensions
Public Pensions Face Sharpest Funded Ratio Drop Since Great Recession
Preliminary 2022 investment losses are estimated at 10.4% on average for state and local plans.
Risk
Record Returns Not Enough to Ensure Public Pension Stability
Exceeding 6% returns over the next decade will likely require excess risk or consistently performing well above average.
Pensions
Public Pensions Fail to Rebound with Market Rally
Report says the worst of the COVID-19 recession has ‘yet to be fully felt by state governments and public retirement systems.’
Coronavirus - COVID-19
State Pensions Entered Pandemic in Worse Position than in 2008
Report finds ‘overly optimistic’ assumed returns are more than 2 percentage points higher than they should be.
Asset Management Culture
State Education Budgets Fail to Keep Up with Pension Costs
Report says paying for pensions should come from sources other than education budgets.