Newsmakers
Q1 Was a Bad Quarter for Pension Investors, Says Willis Towers Watson Report
All regions aside from Brazil had negative investment returns.
Tag: Pension
News
Uber Pledges to Provide Sharia-Compliant Pensions in the UK
However, union says ride-hailing firm has yet to tell its majority Muslim drivers.
Newsmakers
Macron Wins French Election, Leaving Door Open for Pension Reform
Macron’s victory does not necessarily mean that the French public supports retirement age increases.
Manager Selection
A $350,000 Increase in CIO Pay Could Lead to 60 Basis Points of Outperformance, Says New Study
More surprisingly, the study also found that performance-based compensation did not improve investment returns.
Newsmakers
What France’s First-Round Election Results Mean for Pension Reform
Macron has hinted that he will soften his stance on retirement age.
U.S. Corporate DB Plans Hit Highest Funded Status in Years
Higher discount rates have helped, but investment managers suggest sponsors be mindful of risks ahead.
Newsmakers
CPPIB to Collaborate with Inpher to Develop Unique Dataset for Investment Forecasting
The pension fund is hoping Inpher’s technology will give them new information to beat the market.
Manager Selection
Eiji Ueda Reappointed as CIO of GPIF
The Goldman Sachs veteran helped lead the world’s largest pension fund to two years of growth.
Manager Selection
CIO of New Jersey Police and Fire Pension Resigns
The resignation follows an ethics probe into his behavior at a previous pension fund.
Newsmakers
Three Australian Funds Merge to Create the Country’s Second-Largest Retirement Fund
Officials hope that the mergers will reduce management fees and increase retiree benefits.
Asset Allocation
Ohio Teachers’ Pension Increases Alts and Fixed Income Targets, Decreases Public Equities
The pension was also able to implement a cost-of-living adjustment thanks to high returns this past year.
Newsmakers
CalPERS Selects Wilshire Advisors as Consultant for Private Debt Allocation
Wilshire’s services were almost half the cost compared to those of Meketa.
Newsmakers
Ontario Teachers’ Pension Takes a Bet on UK Fintech Company Lendable
The pension fund led a $277 million fundraising round for the late-stage venture company.
Risk
Kentucky Teachers’ Pension Loses $3 Million After Selling Russian Investments
Other pensions around the country are likely facing similar losses.
Newsmakers
Understanding PRT: Administrative and Fiduciary Considerations
Proper due diligence and administration are vital to guarantee that the transaction does not create additional risk for plan sponsors.