Maryland State Pension Establishes Climate Advisory Panel
The five-member team will advise the fund on potential climate-related investment risks and opportunities.
Pensions
Pension Risk Transfer Still Attractive Derisking Option, Despite Market Volatility
Corporate pension funding ratios and the the interest rates used to value their liabilities took a hit, but the time to derisk may be now.
AustralianSuper Cyberattack Losses Reach $450,000
The 10 members whose accounts were affected have been fully reimbursed, superannuation officials confirmed.
Aware Super Invests $1B in Australia’s ‘Largest’ Intermodal Terminal
The north Melbourne project is designed to create transportation infrastructure to improve supply chains in the country.
Annual Canadian Employee Benefits Conference Relocates from San Diego to Canada
The event, hosted by the International Foundation of Employee Benefit Plans, is moved amidst tensions between the US and Canada.
48 Hours of Market Turmoil Lop Nearly 6 Points off Canadian DB Funded Ratios
In the two days after the U.S. announced new tariffs, the plans lost almost their entire C$18.4 billion surplus.
Corporate Pension Funding Ratios Continued to Decline in March
Equity markets extended their fall, outpacing the decline in the value of plan liabilities.
IMCO Returned 9.9% in 2024
The Ontario investor’s assets grew to $62 billion at the end of the year.
Largest Public Pension Funds Lost $169B During Tariff Rollout
State and local pension funds lost the amount from April 3 through April 8 and have lost $249 billion in equities this year, per Equable.
US Equities Lead 9.8% Penn SERS Return for 2024
The pension fund's asset value rose by $3.5 billion to $38.7 billion despite ending the year with a Q4 loss.
Cybercriminals Attack Major Australian Super Funds
AustralianSuper reported 600 members’ passwords were stolen and money was taken from four accounts.
AIMCo Achieves 12.3% Return in 2024
The Alberta pension manager, with assets rising to $127.7 billion by the end of the year, endured a leadership change forced by the provincial government last November.
Qantas Super, ART Make Merger Official
The tie-up is expected to provide lower fees to members of the new Qantas Group Super Plan in ART.
NYC Comptroller Brad Lander Takes Aim at Elon Musk’s Political Ventures
New York City’s comptroller, whose office oversees five pension funds, is pursuing securities litigation against the Tesla board of directors over its alleged failure to provide oversight over Musk.
CalPERS, CalSTRS to Host Emerging, Diverse Managers Conference
The two-day forum will be held in Sacramento in May.