Risk
Canada’s Top Public Pension Returns 1.8% in Fiscal First Quarter
Plan now stands at $278.9 billion.
Tag: Pension
Risk
Maryland State Retirement System Returns 8% for Fiscal 2018
Private and public equities lead the way with double-digit gains.
Risk
Switzerland’s Largest Pension Fund Trims Equities for Real Estate
Publica has cut some stocks to de-risk, and will also sell some of its bonds as part of a new strategy.
Corporate Moves
Malaysia’s Largest Pension Fund Names New CEO
Tunku Alizakri Alias will take over Shahril Ridza Ridzuan’s responsibilities at the end of the month.
Canadian Pension Plans Return 2.16% in Q2
Despite positive returns, nearly all asset classes fell short of their benchmarks.
Top 100 US Public Pensions Lose $23 Billion in Q2
Contributions and lackluster returns outweighed by benefits payments.
Risk
World’s Largest Pension Fund Nears $1.5 Trillion
Foreign equities drive Japan’s Government Pension Investment Fund’s 1.68% returns in its first fiscal quarter.
Brewery, Chairman Fined for Withholding Information from TPR
Samuel Smith Brewery, Humphrey Smith ordered to pay nearly £28,000.
Regulation
Calif. High Court Rules San Diego Pension Cuts on Ballot Illegally
Decision could cost the city millions in creating retroactive pensions.
CalPERS Wants to Hire New Real Estate Managers
Experience wanted, but not too much experience. The idea is to identify promising managers with room to grow.
Newsmakers
Vicki Fuller to Serve on Williams’ Board
The newly retired New York pension CIO will lead the pipeline company’s audit, nominating, and governance committees.
CDPQ Assets Hit $308.3 Billion in First Half of 2018
Equities are among the highest performers for the Canadian pension fund’s mid-year returns.
UK’s TPR to Launch Spot Checks on Suspect Employers
Pension regulator to target automatic enrollment scofflaws.
NYC Pays $20.6 Million Settlement over Nurses’ Pension Dispute
City wrongly denied ‘physically taxing’ status that would have allowed early retirement.
Goldman: Beefing Up Corporate Pensions Will Flatten the Yield Curve
The firm says companies will be heavy bond buyers, contributing $60 billion to their pensions due to a tax change.