Weyerhaeuser Purchases Annuity to Reduce US Pension Liabilities
Move is expected to reduce liabilities by 30%, and participants and beneficiaries by 50%.
News Archive: Aug - 2018
Asset Allocation
Rhode Island Pension Returns 1.51% in July, 7.8% for Year
Fund adds $125 million to reach $8.4 billion, beats benchmarks.
Canada’s Public Sector Pension Manager Adds New Private Debt Chief
Francis Blair will help PSP Investments debt division’s focus on distressed companies.
Sibson, Segal Marco Model Pension Funding Status Rises to 93%
Increasing high-quality corporate yields help reduce pension liabilities.
Newsmakers
Yale Blocks Future Gun Investments
Endowment confirms adoption of new firearm policy, introduced in the spring.
Exclusive: An Inside Look at CalPERS’s New Direct Private Equity Organization
Investments of $20 billion in two CalPERS-backed independent pension organizations would change the face of institutional investing in private markets.
Uh-Oh, Stock Buybacks Exceed Capital Spending in 2018
This further fuels the debate over whether corporate America favors investors now or its long-term future.
Corporate Moves
Australian Fund Head Moves to Mercer
Campbell McCulloch is the first of three new executives who will fill the void left by longtime deputy CIO Phil Graham.
We’re in the Longest Bull Market in History, or Are We?
While Wall Street proclaimed a new record on Wednesday, another view holds that the celebration must wait until 2021.
Risk
Ontario Teachers’ Nets a 3.2% Return in 2018’s First Half
Public, private equity and inflation-linked assets bolster the Canadian pension plan.
Risk
Cincinnati Retirement System Hits Its 7.9% Fiscal Target
But gains are down from previous year’s 14.6%. Domestic stocks, private equity did the best.
Risk
Swedish Pension Fund AP2 Returns 2.9% in H1
Total asset value rises to $38.85 billion at the end of June.
How Many Fed Interest Rate Increases Will We Get, Anyway?
The conventional projection is for six more, though some want it to stop at three.
Texas ERS, PAAMCO Launchpad to Hold Fall Emerging Manager Hedge Fund Event
Summit will help institutions vet talent for the new seeding platform.