Asset Allocation
ABP Comes Closer to Reaching Sustainability Goals
How the biggest Dutch fund boosted its ESG investments in 2018.
Tag: Pension
NY Pension’s Fossil Fuel Divestment Efforts Facing Stalwart Opposition
Opponents of the bill cite New York’s potential influence on the rest of the country.
Corporate Moves
Senate Confirms Gordon Hartogensis as Director of PBGC
Family trust trustee with Senate connections named 16th director of pensions lifeboat.
Newsmakers
South Dakota Gears Up Emergency Plan
Reduction in subsidies would be first remedy if system’s funded status drops below 100%.
Research
Majority of Rhode Island’s Locally Run Municipal Pensions Flunk Financial Test
State urges them to join consortium it administers and turn things around.
Newsmakers
Two Top Australian Supers to Merge
Equip and the Catholic Super mark nation’s third big merger in three months.
Canadian Funds Return 8.3% in Q1
Despite strong gains, funds underperformed the benchmark portfolio.
Asset Allocation
San Antonio Fire and Police Wants More Private Investments
New consultant NEPC suggests targets will be achieved by keeping a steady pace in commitments.
Risk
Denmark’s ATP Rebounds Big
Fund sticks to its ‘disciplined approach’ despite 21% return in the first quarter.
Newsmakers
Brexit Is a Mess, but Texas Teachers Is Keeping Its London Outpost
CIO Jerry Albright says Britain is still a good place to run investments from.
Texas Teachers Closer to Getting a Boost from State
New legislation seeks to shore up fund, give one-time check to retirees.
Newsmakers
CalSTRS Tackles Opioid Crisis
The pension plan is challenging opioid manufacturers, distributors, and pharmacy chains as part of its corporate engagement program.
Newsmakers
Hiring for Texas Teachers’ Private Equity Fleet ‘On Schedule’
CIO Jerry Albright ‘pleased’ as hiring worries for internalization plans diminish.
Regulation
Audit Finds Illinois Police, Firefighter Pensions Lack Proper Oversight
State failed to regularly examine 656 public safety plans as required by law.
UK Issues Guaranteed Minimum Pensions Conversion Guidance
But more may need to be done to achieve clarity.