Ex-NBA Player Says He Was Denied COLAs in Pension Case
Former Houston Rockets team member Zaid Abdul-Aziz is entitled to additional benefits for the rest of his life, suit says.
Former Houston Rockets team member Zaid Abdul-Aziz is entitled to additional benefits for the rest of his life, suit says.
World’s largest pension fund’s asset value rises to $1.54 trillion.
The Common Retirement Fund has incrementally increased its exposure to fixed income such as cash, bonds, and mortgages.
Fund is asking for a wide range of ideas on structural changes to its oversight.
The Netherlands’ ABP unveils sustainability plan for $515 billion portfolio.
In transparency move, proposed bill would also create a new legislative panel to review pension system fees and employee salaries.
Equity holdings fall by 22% in 20 years as pensions turn to alts in search of alpha.
Investors’ plan allocations to US equities averages 47.3%, the highest level since 2007, says Wilshire.
But some participants see the contribution as a precursor to closing the fund.
Public equity outperforms, while fixed income lags behind.