Regulation
New York State Comptroller Calls Out 4 More Companies on Board Diversity
Common Retirement Fund has now filed shareholder demands against 33 businesses.
Tag: Pension
Newsmakers
Update: Wyoming Retirement System Director Retiring
CIO Masoudi praises "universally well-loved and respected" Ruth RyersonRyerson’s collaboration, team building and interpersonal skills.
Newsmakers
Wyoming Retirement System Director Retiring
Ruth Reyerson focused on collaboration, building a ‘strong management team.’
Asset Allocation
Exclusive: Los Angeles Water and Power CIO Explains Strategy Behind Its ‘Young’ Private Equity Portfolio
Pension gears up $400 million pacing plan for the 12-year-old allocation.
Alternatives
Despite Strong Returns, New Mexico Exits Core Real Estate Strategy
Pension cites Berkshire’s lack of ability to ‘scale up going forward.’
Asset Allocation
Middle-Market Strategies Dominate Texas Municipal’s Latest Commitments
Retirement fund recommends $650 million in investment activity at its last meeting.
Newsmakers
California Supreme Court Rules in Favor of Pension Benefit Cuts
Despite the ruling, the court sidestepped a much larger issue, whether core pension benefits promised at the time of hire for public workers can be changed.
Risk
Rhode Island Pension Beats Benchmarks
State retirement system’s investments return 4.14% in January.
Canadian Multi-Employer Pensions Fall from Fully Funded in Q4
Funded level of Segal Group model falls to 95% from 102%.
Exclusive: CalPERS Aims to Advance Private Equity Plan
Investment committee members may vote on the plan in two weeks.
Newsmakers
Warren Buffet Tells Pensions and Endowments to Cut Management Fees
Wizard of Omaha has slipped in some subtle advice for funds in Berkshire’s annual letter.
Regulation
Fort Worth Declares Pension Problem ‘Solved’
City employees approve plan to increase contributions to retirement fund.
Alternatives
Ontario’s Direct Investment Model Helped ‘Buffer the Impact’ of Global Market Downturns
Strong returns in the system’s infrastructure and private equity strategies pull it out of negative territory for year.
Newsmakers
New York City Leads Anti-Carbon Coalition of Big Funds
Institutional group wants the top 20 public power companies to make good on Paris Agreement goals.
Risk
One Swedish Pension Reserve Did Well in 2018, With a Bittersweet Caveat
Thanks to unlisted assets, AP6 fund beats the market and peers, but not its record from last year.