UK, Dutch Authorities Bust €24 Million Cryptocurrency Theft
Six suspects allegedly used ‘typosquatting’ to target over 4,000 victims in 12 countries.
News Archive: Jul - 2019
Newsmakers
California State Controller Eyes CalPERS Private Prison Divestment
The issue of CalPERS divesting from private prison companies CoreCivic and The GEO Group isn’t dead after all.
Market Moves
OK, the China Trade Talks Are Tough, But What Would a Pact Look Like?
More US goods bought, less tech transfer, and an enforcement mechanism. Maybe.
Regulation
Kentucky Tries to Head Off Looming Pension Crisis
Gov. Matt Bevin asks special session of legislature this time to revamp quasi-government agencies’ retirement plans.
Newsmakers
Brunel CEO Dawn Turner Resigns
Departing chief says £30 billion pooled fund needs ‘different style of leadership.’
Newsmakers
Dutch Pension APG Signs Government Climate Agreement
Paris Agreement-based policy signatories represent $3.3 trillion in assets under management.
Corporate Moves
CalPERS Makes Global Fixed Income Managing Director Official
Fund veteran Arnold B. Phillips had been serving as interim head since May 2018.
CalPERS Continues to Talk with Private Equity Teams
The pension plan is still intent on building its own private equity organization.
Alternatives
Ohio School Pension Fund Tilting to Infrastructure
Officials expect the space to return 8%-10%, outperform commercial real estate by 200 basis points.
Market Moves
2Q Earnings Growth Might Not Go Negative After All
But even if they stay in the black, they will be puny compared to 2018’s blowout.
Corporate Moves
Church Commissioners Nab Sawdust Director
Mary-Pat Barron will be the Anglican fund’s new head of public equities.
Supreme Court Declines to Hear Two Pension Fund Cases
Lower court rulings involving an automotive, mineworkers’ pensions maintained.
IRS Issues Endowment Tax Regulations
Higher education foundations finally get guidance on 2017 excise tax.
TPR: Badly Run Plans Must Improve or Consolidate
UK regulator says fewer, but better governed plans will benefit pension savers.