At Morningstar: PIMCO CEO Sees Growing Business in Private Credit Market
While currently a small part of overall business, private credit could help pension funds meet returns.
Tag: Pension
At SALT: CPPIB Goes Long in Emerging Markets
Canadian pension plan eyes growth in emerging markets as valuations get bubbly in the developed world.
Newsmakers
Next Week’s CIO Summit: Asset Owners Talk Geopolitics, Alts, and Credit
Afternoon session of the conference’s first day promises loads of useful advice and insights.
At Morningstar: ETF, Mutual Fund Securities-Lending Programs Coming Under Scrutiny
Practice seen as less risky as it was before the financial crisis.
Newsmakers
New Mexico PERA’s Board Stalls Executive Pay Increases
Pension fund officials already received ‘huge raises’ in 2018, says Director Armijo.
Newsmakers
Be Sure to Catch the CIO Summit Next Week
The morning of Day One to feature CIO hotseat, tech panels, and more.
Court Reinstates Two Claims Against UPenn in Pension Suit
Penn is accused of breaching its fiduciary duty by accepting high fees, poor investments.
Newsmakers
Alternatives Are Moving New Jersey’s Funding Needle
How the floundering pension employed them to better its funding status during a rough 2018.
Newsmakers
NY State, Church of England Pensions Withhold Exxon Directors Support
The funds say the oil company’s response to climate change has been ‘inadequate.’
Newsmakers
Everyone’s Failing to Help Fund Puerto Rico Pension’s Back-Up Plan
Report finds that municipalities, public organizations, and the private sector are failing to pay their fair share to assist the decimated pension.
Corporate Moves
AustralianSuper Gets a New Independent Director
Dr. Don Russell, former chair of rival fund, served ex-Prime Minister Keating.
Many Pensions Still Struggling After the Great Recession
New Pew study finds many institutional investors are reporting declining funded ratios since 2009.
Newsmakers
San Francisco Needs to Commit $2.8 Billion to Private Markets
The pension system will need to make major new investments in 2019 to keep its large private markets portfolio intact. In the case of private credit, the investments will also help build the asset class.
Regulation
CEO Resigns from £17 Billion UK Pension
Susan Martin steps down from LPP as Chris Rule named interim replacement.
Regulation
Some Police in Connecticut May Revert to DB Plan
Departures due to discontent over a town’s DC plan are mirrored elsewhere.