Tag: Oregon

Pensions January 24, 2025

Oregon Bill Would Ban State Pension Investments in Private Markets Funds Invested in Fossil Fuels

Senate Bill 681 would prohibit the state treasurer from renewing or making investments in private equity or other alternative funds which state an intention to invest in fossil fuels.

Asset Allocation January 2, 2025

Oregon Pension Publishes Inaugural Progress Report on Net-Zero Plan

The Oregon Public Employees’ Retirement Fund aims to achieve a net-zero carbon emission portfolio by 2050.

Asset Allocation April 5, 2024

Oregon Enacts Thermal Coal Divestment Law

The COAL Act, signed this week by the governor, is expected to enact thermal coal divestments from the state’s pension fund. 

Pensions February 9, 2024

Oregon Plans for Net Zero Portfolio by 2050

Significant climate investments aim to reduce the portfolio’s carbon emissions by 60% by 2035.  

Newsmakers February 28, 2023

Bill Calls for Oregon to Divest From Fossil Fuels

State treasurer Tobias Read says the proposed legislation would lead to lower returns and higher employer contribution rates.

Newsmakers January 26, 2023

State & Municipal Treasurers Publish Letter Encouraging McCarthy to Make Deal on Federal Debt Ceiling

They say a default would be ‘catastrophic’ and devalue portfolios, damaging pension funds and 401(k) plans.

Pensions November 29, 2022

Oregon Treasurer Pledges to Decarbonize State Pension Fund By 2050

Tobias Read says he’ll have a comprehensive plan to meet Paris Agreement goals by early 2024.

Asset Allocation September 25, 2020

Oregon, Virginia, Dartmouth Endowment Returns: Low, High, and Even Higher

The Ivy gains 7.6%, UVA earns 5.3%, and the Pacific Northwest school increases only 1.1%.

News September 15, 2020

Oregon Integrates ESG Formally into Investment Policy

But the amended guidance specified that sustainable investing should not interfere with the system’s fiduciary duty to its beneficiaries. 

Regulation August 18, 2020

Oregon Supreme Court Upholds Pension Benefit Cuts

Unanimous ruling finds that an employer is not prevented from changing the terms of future work.

Asset Management Culture April 2, 2020

Oregon Nonprofit Eyes $10 Million Relief Fund for the Arts

The state legislature is poised to channel the money to arts and cultural groups at risk from the crisis.

Corporate Moves February 20, 2020

Skjervem Resigns From Oregon State Treasury

The chief investment officer is moving to an investment management consulting firm in Northern California.

News November 20, 2019

Oregon Pension Stung by Investments in Socially Irresponsible Companies Via Index

Associated Press reports Oregon State Treasury invested in index that contains smartphone spyware company.

Asset Allocation July 31, 2019

Oregon PERF to Shift Public Equity Allocations

Risk parity, alts-focused diversifying strategies portfolios introduced at meeting.

Risk July 30, 2019

Oregon PERS Keeping Assumed Rate at 7.2%

Past returns over five years are lower, at 6.5% annually. The fund cites investing uncertainty in standing pat.