Pensions
Public Pension Funds Shifting Public Assets to Private Equity, Real Estate, According to Milliman
The findings were a part of the firm's public pension funding study.
News Archive: Dec - 2023
Asset Allocation
How 4 Canadian Pension Behemoths Achieved Investing Success
A research paper profiles value-enhancing deals by the likes of CDPQ and PSP.
Madoff Victim Fund to Pay Out $158.9M to Fraud Victims
The ninth distribution brings the total recovery to more than $4.2 billion over the past 10 years.
Pensions
Pennsylvania PSERS Drops Aon as Consultant
Aon admitted fault for the 2020 mistakes that led to the resignations of pension fund leaders, and the fund has moved on to a new consultant, Verus Investments.
Risk
Possible IPO Stars for 2024: Private Equity Firms
Amid encouraging market performances of other public buyout companies, expect a spate of PE operators to go public, says PitchBook.
Pensions
CAAT Report Finds Canadians Lack Confidence in Retirement Timeline
The Colleges of Applied Arts and Technology Pension Plan also identified a widening pension gap between generations.
Newsmakers
UAE Launches Dubai Investment Fund
Abdulaziz Mohammed Al Mulla has been named managing director and CEO of the fund.
Regulation
SEC Accredited Investor Report Emphasizes Lack of Sophistication, Retirement Assets
The study of the accredited investor definition highlighted the lack of emphasis on sophistication and the growing number of qualified households.
Pensions
Texas TRS, ERS to Host Emerging Manager Conference
The virtual event on February 28, 2024, is part of an ongoing effort to identify emerging managers.
Research
Human Capital: A New Investment Thesis That Is Delivering So Far
By measuring employee morale and other people-centered influences on share prices, fledgling ETFs have beaten benchmarks—and attracted a large SWIB position.
Asset Allocation
Super Funds Seek to Turn Australia Into ‘Renewable Energy Superpower’
A group representing A$1.2 trillion in assets is calling for reforms and investment on ‘a massive scale.’
Corporate Moves
T. Rowe Price Promotes Eric Veiel to Head of Global Investments
The current head of global equity will take over the role for CEO Rob Sharps at the start of the new year.
Pensions
Illinois Teachers to Receive $6.2B From State to Boost Funded Status
This marks the third year of cash infusions to bolster the pension plan, with a funding ratio stuck below 50%.
Regulation
SEC Finalizes Treasury Clearing Rule
The rule requires most secondary transactions to be centrally cleared by June 2026.
Pensions
Pennsylvania SERS Commits $220M to Private Equity, Real Estate
Along with new commitments to alternatives, the pension fund is also boosting pay for staffers.