CalPERS Restructures Infrastructure Guidelines
Pension officials hope more flexibility to invest in international infrastructure projects in developed countries will give the program more diversification and help results.
Pension officials hope more flexibility to invest in international infrastructure projects in developed countries will give the program more diversification and help results.
Consultant implores Dallas to fulfill new 4% target.
The review could lead to divestment of CoreCivic and The GEO Group.
Record amount attributed to rapidly growing buy-in, buy-out market.
Report says annual fees were greater than all employee contributions.
ERS also brings a new infrastructure private equity consultant on board.
Microsoft, CVS, Macy’s, TJX, and Salesforce agree to revisit pay policies.
AQR, William Blair, and DFA all have seen their international equity strategies reduced by the San Francisco Employees’ Retirement System.
Ratings agency doesn’t downgrade the state but puts it on ‘credit negative’ status, which could portend trouble ahead.
Michael Trotsky’s strong performance at the $71.8 billion pension fund bumps his annual pay to almost $500,000.
However, Work and Pensions Chair Frank Field expresses doubt about choice.
Nokia, Nordea Bank lead list of 13 firms with potential ties to African nation.
House members say $43 billion funding problem can’t be resolved over a “five-day session.”
Insurer failed to pay 13,500 pensioners incorrectly labeled as ‘presumed dead.’
The world’s third-largest pension fund is in jeopardy of being depleted by 2057.