Tag: Pension
Newsmakers
Brunel CEO Dawn Turner Resigns
Departing chief says £30 billion pooled fund needs ‘different style of leadership.’
Newsmakers
Dutch Pension APG Signs Government Climate Agreement
Paris Agreement-based policy signatories represent $3.3 trillion in assets under management.
Corporate Moves
CalPERS Makes Global Fixed Income Managing Director Official
Fund veteran Arnold B. Phillips had been serving as interim head since May 2018.
CalPERS Continues to Talk with Private Equity Teams
The pension plan is still intent on building its own private equity organization.
Alternatives
Ohio School Pension Fund Tilting to Infrastructure
Officials expect the space to return 8%-10%, outperform commercial real estate by 200 basis points.
Corporate Moves
Church Commissioners Nab Sawdust Director
Mary-Pat Barron will be the Anglican fund’s new head of public equities.
TPR: Badly Run Plans Must Improve or Consolidate
UK regulator says fewer, but better governed plans will benefit pension savers.
Newsmakers
Exclusive: New Mexico Anticipates ‘Shallow Recession,’ Possibly by Next Year
CIO Vince Smith discusses how the council is insulating its portfolio against near-term market fluctuations.
Risk
CalPERS Just Misses Investment Target
CalPERS investment returns of 6.7%, below its 7% target, will likely be part of the discussion this week at retreat meeting.
Risk
AustralianSuper Warns of ‘Low or Even Negative’ Returns
Despite healthy 8.67% annual return, CIO Delaney cautions not to focus on short-term results.
Korean National Pension Fund Returns 6.81%, Hits $600 Billion in AUM
Pension tops 700 trillion won for first time in 31-year history.
Regulation
Chicago Governor Says No to Statewide Pension Crisis Fix
J.B. Pritzker claims a statewide pension consolidation would hurt the state’s credit rating.
Newsmakers
Brazil’s Pension Reform Clears First-Round Vote
Lower house must approve bill a second time before the Senate gets a chance.
Ee Aye, Ee Aye, Oh: How Farm Investing Appeals to Pension Funds
It checks the boxes: diversification, non-correlated, steady demand. But watch out for Mother Nature.