
Mark Machin Joins the Board of Singapore VC Firm Serendipity Capital
The former head of CPPIB finished up his final day at the pension fund last week.
The former head of CPPIB finished up his final day at the pension fund last week.
Legislature overrules governor’s objection to using retirement funds to meet current expenses.
The returns beat pension system peers and are the result of the investment organization’s large commitment to private market investments.
University’s investment earnings lead all Ivy League endowments so far this year.
A decade ago, the largest US pension plan decided to abandon its home country bias favoring US stocks. Now, pension officials wonder if it was the right move as US stock performance has shined.
Fund’s total asset value climbs to $A146 billion.
US stocks help raise system’s total asset value to nearly $41.3 billion.
Investments beat benchmarks to raise total asset value to $72.9 billion.
State pension fund assets surpass benchmark to reach $160.4 billion market value.
Ted Eliopoulos wants to know whether the largest US pension system is being rewarded enough for its investment risk taking.
However, unfunded status grows as fund continues ‘treading water.’
Asset value rises to $8.2 billion under ‘Back to Basics’ strategy.
Long-term portfolio assets rise to $10.9 billion from $9.7 billion.