Corporate Moves
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.
Tag: Fiscal Year
Asset Management Culture
CPPIB Nets Highest Fiscal Year Gain with 20.4%
The pension plan just completed its 2021 fiscal year as of March 31.
Pensions
Oklahoma Lawmakers Squelch Veto on Siphoning Pension Money
Legislature overrules governor’s objection to using retirement funds to meet current expenses.
Risk
Washington State Investment Board Returns 10.04%
The returns beat pension system peers and are the result of the investment organization’s large commitment to private market investments.
Risk
Princeton Endowment Returns 14.2% in 2018
University’s investment earnings lead all Ivy League endowments so far this year.
CalPERS to Review Whether International Stock Holdings Should Be Reduced
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.
Risk
Australia’s Future Fund Returns 9.3%, Beats Benchmark
Fund’s total asset value climbs to $A146 billion.
Risk
Nevada Pension Fund Earns 8.6%
US stocks help raise system’s total asset value to nearly $41.3 billion.
Risk
Massachusetts Pension Reserve Fund Returns 9.5%
Investments beat benchmarks to raise total asset value to $72.9 billion.
Risk
Florida Retirement Systems Returns 8.98% in 2018
State pension fund assets surpass benchmark to reach $160.4 billion market value.
CalPERS CIO Orders Active Risk Review
Ted Eliopoulos wants to know whether the largest US pension system is being rewarded enough for its investment risk taking.
Newsmakers
Illinois TRS Earns 12.6% in FY2017
However, unfunded status grows as fund continues ‘treading water.’
Newsmakers
Rhode Island Pension Fund Returns 11.6%
Asset value rises to $8.2 billion under ‘Back to Basics’ strategy.
Newsmakers
University of Michigan Endowment Returns 13.8%
Long-term portfolio assets rise to $10.9 billion from $9.7 billion.