Risk
Stocks, MLPs Put a Hurt on Oklahoma Teachers’ Performance
Alts have a strong showing, but allocation mixes prove their fare is not enough for overweight equities.
Tag: Pension
UK Pensions Making ‘Fat Living’ Off of Hidden Fees
Scathing report says industry can’t be trusted to voluntarily disclose all fees.
Newsmakers
New Mexico Governor Pitches Plan to Bring State Pension to Solvency
Task force sees cost-of-living adjustments as the necessary scapegoat for pension’s financial health.
Research
Canadian DB Plans Return 2.7% in Q2 2019
Total returns for the first half of the year register a robust 10.2%.
Caesars Wins Withdrawal Liability Lawsuit Against Pension
Court rules casino operator not obligated to pay $2 million withdrawal fee.
UK’s FCA Proposes Ban on Contingent Pension Transfer Fees
Regulator says lucrative transfer incentives create conflict of interest for advisers.
US Defined Benefit Plans Rise in Q2, Recoup Losses from Q4 2018
The 100 largest US public DB plans saw a $50 billion rise in funding during the quarter.
Newsmakers
Japan’s GPIF Shows Small Gain, Recovering from Prior Losses
In June-ending quarter, foreign stocks helped overcome weakness at home.
Asset Allocation
CalSTRS Takes a Look at Other Allocation Options
Pension identifies six potential asset allocations for $236.9 billion portfolio.
Newsmakers
Pennsylvania SERS Approves $286 Million in New Commitments
State retirement system board also confirms James Nolan as acting CIO.
Risk
Maryland Plan Misses Target, Lowers Assumptions
Private equity again rises to the top, but it’s not enough to help the fund clear its benchmark.
Newsmakers
2019 Innovations Awards: Last Chance to Nominate
Nominations for this year's 10th annual bash close tomorrow.
Canadian Defined Benefit Plans Return 2.5% in Q2
Plan sponsors saw second straight positive quarter despite May sell-off.
With 6.8% Return, CalSTRS Narrowly Misses Target
Private equity is bright spot as market volatility impacts annual returns.
Connecticut Governor Strikes Deal to Save State Pension
New deal would provide ‘hundreds of millions of dollars in budgetary relief’ for the troubled state pension.