News Archive: Nov - 2019
Sheet metal workers’ union becomes 15th fund to be cleared to cut benefits.
Kentucky Retirement System’s Unfunded Liabilities Continue to Soar
Breaking News: CIO Tony Waskiewicz Parts Ways with Mercy
CalPERS Falling Short of Private Equity Goals
Asset class shrinking, and pension will need to allocate at least $3 billion more than last fiscal year to sustain 8% target.
What Does the Population Growth Bust Mean for Investors?
With fewer births to populate tomorrow's workforce, opt for health care and tech stocks, says BofA’s Quinlan.
Strapped McClatchy Seeks Pension Bailout
Newspaper owner in talks with PBGC about distress termination of plan.
Plan Sponsors See Recession in Three Years, Lower Targets
NEPC survey finds LDI investors have better-funded plans.
Group to Trump: Ax Investments in Indexes with Chinese Companies
Petition argues federal Thrift Savings Plan shouldn’t be ‘used to finance our enemies.’
Petraeus: Saudi Arabia Is Running Out of Money
Texas Public Pension Funds Set Financial Health Record
State and local pension funds’ soundness improves from last year.
Baby Boomers Carry Risky Levels of Stocks, Says Fidelity
Almost 1 in 3 of them are heading into retirement equity-heavy, fund house finds.
Large Asset Owners Lauded for Pushing Sustainable Investing
Willis Towers Watson’s Thinking Ahead Institute argues large asset managers are essential for the well-being of our societies.
Trustee Pleads Guilty to Defrauding Disability Charity Pension
Patrick McLarry admitted to stealing £250,000 from pension plan he oversaw.
CDPQ’s History-Making CEO Heads for the Exit
Michael Sabia departs after a transformative 11-year run at the Canadian pension plan.
Defeated CalPERS Board Candidate Says Election Was Rigged Against Him
Former board member J.J. Jelincic protests the October 17 election, claims CalPERS team plotted to thwart his candidacy.