Asset Allocation
Public Equities Drag Orange County Pension Investments 7.8% Lower in 2022
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
Tag: Pension
Pensions
After Years of Planning, UK Finally Authorizes First CDC Pension Plan
The Royal Mail finally received authorization for a plan it proposed in 2018 after closing its defined benefit plan.
Regulation
Canada Passes Pension Bankruptcy Protection Bill
Bill will make plan members top priority when a company becomes insolvent.
Asset Allocation
Ontario Pension to Invest Nearly $17 Billion in Green Investments by 2030
The strategy is part of Healthcare of Ontario’s plan to get its portfolio to net-zero greenhouse gas emissions by 2050.
Asset Allocation
Korean National Pension Fund Loses More Than 8% in 2022
Despite downturn, the $684.5 billion fund’s losses were offset by an increased allocation to alts.
Pensions
Alaska Bill Seeks to Revive Defined Benefit Pension
Bipartisan legislation is intended to attract workers to fill state job vacancies.
Pensions
UK Pension Risk Transfer Market Drops to £26 Billion in 2022
Despite decline, the British market topped £25 billion for the fourth straight year.
Newsmakers
Australia Seeks Public Consultation on Pension Legislation
Former government accused of raiding superannuation system ‘with devastating impacts’ on savings.
Pensions
Bipartisan Bill Aims to Restore Delphi Retirees’ Pension
Representatives reintroduce the Susan Muffley Act, which stalled in the Senate last year.
Asset Allocation
Norway Pension Giant Buys 49% Stake in Spanish Renewables Portfolio
The $1.4 trillion Government Pension Fund Global is investing $650 million in solar plants and wind farms in Spain.
Pensions
LCP Expects Record Year for UK Pension De-Risking in 2023
Buy-in and buy-out volumes are forecast to top 2019’s record of £43.8 billion
Pensions
Despite Steep Losses, Canadian DB Plans End Year Fully Funded
Surging bond yields offset double-digit investment losses to push funded levels above 100%.
Pensions
Corporate Pension Sponsors’ Use of OCIO Services Is Growing, While Interest in Risk Assets Wanes, Research Finds
Vanguard’s 2022 pension sponsor survey explores how the global pandemic, market volatility and rising inflation influenced pension decision-making.
Pensions
UK Corporate Pension Funds Stabilize in Bond Meltdown Aftermath
Meanwhile, in the US, corporate pension funding levels declined in November.
Newsmakers
Walter Kress Receives CIO’s 2022 Lifetime Achievement Award
EY’s CIO, a connector and a generous collaborator, to be honored during awards night at Chelsea Piers.