Tag: Pension Fund
New Jersey Pension Fund Loses 7.9% in Fiscal 2022
Falling markets wipe out close to $10 billion in asset value.
NYC Pension Launches Dashboard, Reveals 25% Alts Allocation
The city’s five pension funds have $61.5 billion invested in private equity, alternative credit, and private real estate combined.
Florida Pension Funds Sue Barclays Over $17.6 Billion Debt Over-Issuance
The Miami pensions call the bank’s failure to prevent massive error ‘deliberately reckless.’
Australian Pension Aware Super Launches Real Estate Platform
Pension fund aims for Aware Real Estate to manage more than A$7 billion in assets within five years.
Surging Funding Levels Set to Turbocharge UK Pension De-Risking
However, insurance companies likely won’t be able to accommodate the increased demand.
Danish Pension Fund ATP Loses 36.4% in First Half of 2022
Falling equity markets and rising interest rates are blamed for the portfolio’s $7.7 billion loss.
NY State Pension Allocates Over $1 Billion to Alts in July
The pension fund committed nearly $500 million to real assets during the month.
ESG Head Leaves Texas Teachers’ Pension
The Teacher Retirement System of Texas is required by law to boycott companies that divest fossil fuels.
Minnesota State Board of Investment Names Jill Schurtz CIO
Schurtz succeeds Mansco Perry III, who announced his retirement in December.
New York State Pension Loses $26 Billion in Asset Value in Q1
Common Retirement Fund reports 8.24% loss amid volatile markets, rising inflation and war.
Virginia Retirement System Bucks Trend, Ends Fiscal Year 2022 Up Slightly
CIO Ronald Schmitz credits outperformance to diversification strategy and strong private markets.
Australia’s HESTA Accused of Greenwashing
The Environmental Defenders Office says HESTA’s investments in oil and gas companies could be in breach of the law.
Maryland State Retirement System Loses 3% in Fiscal Year 2022
Despite the loss, the pension fund beat its benchmark by 53 basis points.