Survey Shows Finance Executives’ Top Reasons for Pension Risk Transfer
72% of respondents likely to transfer additional liabilities in the future.
News Archive: Aug - 2017
Hedge Funds Among Marketable Alternatives Gaining Popularity in Endowment, Foundation Portfolios
NEPC survey finds responders more optimistic about US economy despite political uncertainty.
Milliman: Corporate Pension Funded Status Rises $4 Billion in July
Funded ratio sees little movement in the first seven months of 2017.
TPR Shames Trustees Who Shirk Duties
UK regulator publicly names non-compliant pensions trustees.
Danish Pension Firms Launch Africa Fund
Companies commit $550 million to fund focusing on infrastructure in Africa.
PA Auditor General Calls for Further Fee Cuts at SERS
$178 million reduction in investment fees since 2007 is not enough.
Newsmakers
Illinois Senate Rejects Gov. Rauner’s Veto in 38-19 Override
Pension reform bill now goes to Illinois House, requires three-fifths majority vote.
CalPERS $100K Pension Club up 63% Since 2012, Watchdog Says
Transparent California’s report notes more than 850 six-figure CalPERS retirees in Santa Clara County.
CalPERS still analyzing data.
Newsmakers
Canada’s Largest Pension Fund Hits $326.5 Billion at Q1 Fiscal 2018
“Significant uplift” from global equity markets, strengthening Canadian dollar.
Research
Post-Brexit UK Sees Stunt in Private Equity Real Estate Deal Flow
Recent months show improvement as industry recovers.
Castlelake and Perpetual Joint Venture to Invest in Oil and Gas
The Energy Information Administration reports that the US will likely emerge a net exporter of natural gas next year.
Breaking News: Tata Steel Signs RAA to Detach Pension
British Steel Pension Scheme will receive £550 million and 33% equity stake in company.
Research
Oxford University Endowment Returns 16.4% for 2016
Fund cited active management as major contributor to strong returns.
Tata Steel Nearing Divorce from Pension
Deal to separate its pension plan from its business is imminent.