Newsmakers February 16, 2022 Private Equity Drove CalPERS’ Strong Q4 2021 Returns The pension fund reported 1.2% returns over its benchmark for calendar year 2021.
Newsmakers February 11, 2022 Risk Aversion Strategy Causes Colorado Pension to Lose Out on Millions Lawmakers required the fund to keep cash in a low-interest bank account to avoid risk.
Newsmakers February 8, 2022 UK’s Biggest Pension Fund Facing Lawsuit, Potential Strikes Over Benefit Cuts The plan is increasing contributions while cutting benefits despite significant investment returns last year.
Asset Allocation February 4, 2022 Thailand’s Pension Considering Investing in China and India Pension staff see developing countries as a good hedge in pandemic times.
Newsmakers February 3, 2022 City of San Diego Will Retroactively Replace Thousands of Employees’ DC Plans With Pensions The payments will mark an end to a nine-year legal battle.
Newsmakers February 1, 2022 Michigan Pension Tax Likely to Be Removed Currently, there are only 12 states that do not tax retirement income. Michigan might become the 13th.
Asset Allocation January 31, 2022 CalSTRS Increases Co-Investments and Private Equity Allotments Co-investments are an increasingly attractive way for investors to avoid private equity fees.
Newsmakers January 28, 2022 Looks Like Politicians Will Extend Illinois’ Pension Buyout Program The program has reduced the state pension’s unfunded liability by $325 million so far.
Asset Allocation January 25, 2022 Danish, Canadian Pensions Pump More Money Into Renewables ATP is investing in what will be the EU’s largest geothermal plant, as CDPQ raises its stake in Énergir owner Trencap.
Newsmakers January 21, 2022 PSERS Delays Turning Over Investigation Results Board members were warned that the results of the report could be damaging to their reputations, according to the Philadelphia Inquirer.
Newsmakers January 20, 2022 CalPERS Board President Henry Jones Resigns, Theresa Taylor Elected as New President The new board president is ‘really big on ESG,’ according to an ex-board member.
Newsmakers January 19, 2022 CalPERS’ Project to Measure ESG in Private Equity Has 100 Organizations, $8 Trillion Participating Environmental, social, and governance investing is notoriously difficult to measure in a private equity context.
Newsmakers January 11, 2022 DB Plans Far More Cost-Efficient Than DC Plans, Research Finds Switching from pensions to 401(k) plans only saves money if benefits are cut substantially, a new report says.
Newsmakers January 11, 2022 San Diego’s Pension Payments Will Decrease by Over $30 Million The city’s plan is on track to achieve full funded status by 2033.
Risk January 7, 2022 What Public Pensions Can Learn From Puerto Rico’s Bankruptcy Crisis Puerto Rico ERS’ collapse could have been avoided, an industry expert says.