Risk
Athene, Now Part of Apollo, Was the PRT Champ of 2021
A huge transfer from Lockheed cemented its lead, says S&P, as pension shifting grows.
Tag: Lockheed Martin
Paul Colonna: The Perfect Fit for a Big Company CIO Job
Sporting good returns, Lockheed Martin’s investment chief prepped at State Street and General Electric.
Will Allocators Ever Embrace Liquid Alts?
Institutional investors mostly want to direct their non-market-correlated strategies themselves, but acceptance of these retail-oriented alternatives is inching up.
Pensions
Special Report: Will Pension Risk Transfers Someday Control All DB Plans?
The trend is mounting for corporate sponsors to shunt liabilities to insurers. But some don’t want to do that, and others can’t.
Asset Allocation
CIOs See Fixed Income Targets in High Yield, Emerging Markets, Private Credit
Panel of investment managers expects high short-term inflation, but says it’s not a concern.
Pensions
MetLife Secures $1.9 Billion Pension Deal with Lockheed Martin
The aerospace giant will transfer liabilities to the insurer, roughly 20,000 retirees and current workers.
Asset Allocation
Defense Stocks Are Killing It, but for How Long?
Amid swelling Pentagon spending under Donald Trump, they look good. But under President Bernie Sanders?
Newsmakers
Lockheed Martin Makes Two Big Pension Risk Transfers in Q4
Latest 8-K reveals $2.6 billion in LDI transactions.
Corporate Moves
Lockheed Martin Gets a New CIO
After six months without one, Paul Colonna will replace departed Chris Li in January.
Firms Make Last-Minute Dash for Pension Contributions in Q3
Companies bolster pensions while taking advantage of lower tax rate.
Newsmakers
Lockheed Martin’s Pension Head Steps Down
Christopher Li abruptly retires after a 12-year run without a successor named.
Lockheed Martin to Contribute $5 Billion to Pension in 2018
Move means the company will have no required contributions until 2021.