Asset Allocation
A Latvian State-Funded Pension Invests in Venture Capital for the First Time
The move is part of a growing trend of Baltic institutional investors looking to alternatives.
Tag: Pension
Newsmakers
High Inflation Leads to Expensive Cost-of-Living Adjustments for CalPERS and Others
This will be CalPERS’ biggest increase in pension payments in 32 years.
Newsmakers
Funded Ratio for US Corporate Pensions Tops 100% Despite Market Drop
Multiemployer pension plans’ funded level rises to 91% at year-end 2021.
Newsmakers
Michigan House Considers $1.5 Billion in Grants for Local Pensions
The bill is targeted at underfunded pensions throughout the state.
Unfunded Liabilities: How Three Public Pensions Found Themselves in Crisis
And how they are clawing their way out.
Newsmakers
Private Equity Drove CalPERS’ Strong Q4 2021 Returns
The pension fund reported 1.2% returns over its benchmark for calendar year 2021.
Newsmakers
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
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
Thailand’s Pension Considering Investing in China and India
Pension staff see developing countries as a good hedge in pandemic times.
Newsmakers
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
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
CalSTRS Increases Co-Investments and Private Equity Allotments
Co-investments are an increasingly attractive way for investors to avoid private equity fees.
Newsmakers
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
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
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.