Pensions
10 Ways to Close Public Pension Funding Gaps
NCPERS research identifies actions governments can take to close pension funding gaps without resorting to detrimental ‘knee-jerk’ reactions.
Tag: Pension
Alternatives
New York State Pension Doubles Down on Alternatives
C-band spectrum, collateralized loan obligations, and solar and wind power are among the largest allocations the fund made in September.
Regulation
DOL, Dubious About ESG Pension Investing, Cuts It a Bit of Slack in Final Rule
The regulation still requires that plans only use financial considerations in investments, but says companies’ pollution and bad governance may be factors, too.
Pensions
Local Pension Plans Benefited from Shifting Money to MassPRIM, Report Says
Push to consolidate underfunded small retirement programs under the state-level system is being considered in other states.
Pensions
Canadian Diversified Pool Funds Return 4.4% in Q3
Robust quarterly returns were not enough to overcome falling interest rates as solvency ratio drops from beginning of year.
Asset Management Culture
New CalPERS CIO Could See $2.4 Million Payout
That compensation is tied to five-year goals as part of an effort to reduce turnover at the largest public pension in the US.
Manager Selection
How Investment Teams Waste Their Time
It would be better spent on due diligence, instead of meaningless scut work, say Backstop and Mercer.
Research
Retiree Lift-Outs Boost Pension Risk Transfers to $4 Billion in Q3
Employers are pushing through transactions in the second half of the year after the pandemic forced delays.
Research
UK DB Plans’ Funded Ratio Falls to 91.4% in September
Meanwhile, the aggregate deficit of UK defined benefit plans rose to £166.1 billion during the month.
Asset Allocation
CPPIB Sells 50% Stake in London’s Nova Victoria to Singapore-Based REIT
The transaction is expected to yield $549 million when the deal closes later this year, the fund said.
Alternatives
New York State Pension Expands into Real Estate, Absolute Return
Commercial real estate in the Nordic region, suburban garden style apartments in the US are among the $565 million in bets the pension fund placed in August.
Pensions
Texas Employees CIO Tom Tull to Retire
He built out alternatives at the $29 billion retirement system soon after joining.
Pensions
CPPIB Commits $300 Million to Join IT Firm Buyout Deal
The Canadian pension fund would hold a 24% stake in tech consultant Virtusa after the transaction closes.
Regulation
Witnesses at UK Parliament Hearing Say Pension Scammers Have the Upper Hand
Regulators have struggled to keep up with the crooks since pension freedoms were enacted.
Asset Allocation
CDPQ Leads $185 Million Funding into AppDirect
The fast-growing online subscription commerce platform will use the Canadian pension giant’s capital to expand overseas.