Newsmakers
New Mexico PERA Launches Passive Risk Parity Strategy
Plan seeks to change up multi-risk allocations, boost beta exposure.
Tag: Pension
UK’s Border to Coast Hires Four Managers for New Global Equity Fund
The $57 billion local authority pension pool eyes starting fixed income, private markets portfolios next.
Newsmakers
New York Comptroller Aims to Double Pension Plan’s ESG Funding
DiNapoli seeks to increase the state Common Retirement Fund’s sustainable investments to $20 billion.
Newsmakers
Rhode Island Supreme Court Upholds Cranston Pension Cuts
High court reluctantly rejects challenge to 10-year suspension of COLAs.
UK Academics Demand Inquiry into USS Pension Fund
More than 1,000 professors call for investigation into largest UK private plan’s deficit.
Regulation
UAW Pension Fund Urges Mylan to Bolster Pay Policy
Pension wants firm to recoup incentive compensation from execs who behave badly.
US Public Defined Benefit Pension Assets Rebound in Q1
Pensions’ largest quarterly gain followed their largest quarterly loss.
Risk
Rolls-Royce, Legal & General Strike $5.8 Billion Pension Deal
Insurer tops previous record for the largest risk transfer seen in the UK.
Risk
Third Swedish Pension Plan Divests from Nukes and Tobacco Companies
AP2’s decision sees it keeping up with new laws, sister funds AP1 and AP4.
TPR Replaces Pension Trustees over Incompetence
Regulator names independent trustee to oversee Dunnes Stores DC plan.
Research
Japan’s Elderly Will Need More Pension Money
Nation’s Financial Service Agency commissioner addresses aging issues, potential investment solutions.
Research
The 5 Best and 5 Worst States, Financially Speaking
Job growth, debt, and general economic sluggishness weigh on the laggards, Conning says.
Newsmakers
Michigan Sheet Metal Workers Pension Applies for Benefits Cuts
Pension reapplies for reduction after withdrawing first application in October.
Newsmakers
Nominate the Top Asset Owners and Managers for the 2019 CIO Innovation Awards
Nominate your best asset owners and managers for this year's 10th annual bash.
Newsmakers
Texas Municipal’s Executive Director to Retire Next May
David Gavia and staff helped bring the fund back to its glory days during near-decade-long run.