Newsmakers
Oregon Task Force Offers Ways to Cut Pension Deficit by $5 Billion
Ideas include privatizing universities, and boosting alcohol and lottery revenue.
News Archive: Nov - 2017
NCR Agrees to US Pension Risk Transfer
De-risking move will help secure $190 million of benefits for 6,000 participants.
Newsmakers
Church of England Launches Extractive Industries Investing Policy
New standards could lead to divestment, but only ‘as a last resort.’
Research
Japan’s Pension Fund Returns 3% in Q2
Foreign, domestic equities help the fund earn $39 billion for the fiscal second quarter.
Asset Management Culture
Agecroft Reflections: Fee Structures, Benefits of Emerging Managers within Hedge Fund Portfolios
Panelists provide perspective on traditional vs. nontraditional fee structure alignments.
Newsmakers
US Treasury Approves MPRA Benefits Reduction for Michigan Pension
International Association of Machinists Motor City Pension is the fourth fund to receive approval.
Norway Pension Fund Balances ESG with Returns
The world’s largest sovereign wealth fund uses its influence to produce both change and returns.
Asset Management Culture
Agecroft: Asset Owners Share Hedge Fund Perspectives
Investors discuss signals for manager deselection and hedge fund strategies.
Research
Canadian Pensions Report Sixth Consecutive Positive Quarter
Pensions earned 0.55% for the quarter, and 6.14% over the past year.
Research
UK Pensions Improve Funded Status in October
The deficit for UK private sector pensions is down £128 billion from last year.
Asset Management Culture
Agecroft: Hedge Funds Still Playing Key Role in E&F Portfolios
Different perspectives key to manager mix, panelists say.
Risk
Florida SBA Commits Over $1 Billion to Nine Managers
Funds go toward private equity, real estate, and distressed debt investments.
Newsmakers
N.C. Retirement System Boasts of Funded Status
Conservative assumptions and disciplined funding helped state rank among top-five funded pensions.
World’s Largest Fund Managers’ Assets Top $80 Trillion
Total AUM for the 500 biggest managers rose 5.8% in 2016.
Church Pension Group Calls Ditching DB for DC Plan ‘Irresponsible’
Group says practice of moving from defined benefit to defined contribution plans is not done for the benefit of employees.