Pensions
Kentucky Pensions Return Double Digits in Fiscal 2025, Assets Near $30B
The Kentucky Public Pension Authority reported strong returns across several funds, with each exceeding 11%.
Tag: Kentucky Public Pensions Authority
Pensions
Kentucky Pension System Returns 10.7% in Fiscal 2024
The KPPA’s assets rose $3 billion to $26.9 billion.
Newsmakers
KPPA Appoints Ryan Barrow as Executive Director
Barrow’s appointment as the pension chief is effective July 1.
Pensions
KPPA Releases Fiscal Year 2023 Annual Report
The Kentucky Public Pensions Authority saw assets increased to $24.9 billion in the period ending June 30, 2023.
Newsmakers
Former Kentucky Pension CIO Charges He Was Fired for Uncovering Fraud
Steven Herbert says his employment was terminated after he discovered that a property company, allegedly, stole money from a retirement system unit.
Asset Allocation
Kentucky Public Pensions Lose 5.7% in Fiscal Year 2022
Despite the loss, the commonwealth’s pension funds just beat out their benchmark’s performance.
Newsmakers
Kentucky Public Pensions Authority Names Steve Willer CIO
The $22 billion pension fund also tapped Anthony Chiu as deputy CIO.
Unfunded Liabilities: How Three Public Pensions Found Themselves in Crisis
And how they are clawing their way out.
Newsmakers
Despite Record Returns, Kentucky’s Pensions Remain Severely Underfunded
Even after investment gains of 25%, funding levels for the state’s public pensions range from only 16.8% to 60.4%.
Corporate Moves
Pension Fund Investment Portfolios Thrive During Pandemic
Many of the world’s largest institutional investors report over 20% gains despite the economic impact of COVID-19.
Pensions
Kentucky Pension Fund Reports Record 25% Return for Fiscal 2021
The strong showing lifts long-term return rates above assumed rates for the first time in a decade.
Asset Management Culture
Kentucky Public Pensions Authority Names Board Members
Only a few remaining vacancies remain for trustees of the state’s restructured pension systems.
Pensions
The New Kentucky Investment Chief Just Got a 41% Pay Boost
Still, the salary remains at the low end for allocators at public pension funds.