NEST Seeks New Ways to Access Private Credit
UK public fund says DC plans should take advantage of private credit.
News Archive: Sep - 2018
Risk
Malaysia Pension Fund Returns 7.64% in Q2
Slumping investments in emerging markets dampen returns.
Emerging Markets Spur Global Pension Growth
AUM for world’s largest pensions rise more than 15% in 2017.
Newsmakers
Australian PM Axes Former Administration’s Pension Age Increase
Scott Morrison said Tony Abbott’s age 70 hike will not happen, holding the retirement age limit at 67.
UK Private Pension Plans Dip Back into Deficit Territory
Decline comes one month after becoming fully funded for the first time in a decade.
Newsmakers
No Plans to Cut IPERS Benefits, Iowa Gov. Says
Opponents say Kim Reynolds’ administration secretly wants to move IPERS members into hybrid benefit plans.
Corporate Moves
Canada Pension Plan’s Thematic Investing Head Joins OMERS
Mark Shulgan will help the municipal retirement system manage a growth equities platform.
Risk
Australia’s Future Fund Returns 9.3%, Beats Benchmark
Fund’s total asset value climbs to $A146 billion.
Treasury Dept. Approves Benefits Reduction for Two Pension Funds
Total number of funds cleared to enact benefits reductions rises to seven.
Newsmakers
Milwaukee County Retirees Could Lose COLA Increases
Pension reform taskforce recommends cutting 2% adjustments until 2036.
Newsmakers
Japan’s PM Wants to Raise Retirement Age Past 65
Shinzo Abe planning social security system overhaul over the next three years, pending re-election.
CalPERS Hits It Big with Infrastructure Returns
The program, however, represents just a little more than 1% of CalPERS’s AUM.
Why September Might not Be as Bad as Usual this Time
When the market has been good before the ninth month, its poor rep doesn’t matter.
Risk
Virginia Retirement System Returns 7.5%
Private equity investments help increase fund’s market value to $78.6 billion.
CalSTRS Takes First Steps to Restructuring Private Equity
The pension plan is getting ready for investments out of the traditional limited partner-general partner fund structure, including increases in co-investments.