Regulation
New York State Comptroller Calls Out 4 More Companies on Board Diversity
Common Retirement Fund has now filed shareholder demands against 33 businesses.
News Archive: Mar - 2019
Newsmakers
Update: Wyoming Retirement System Director Retiring
CIO Masoudi praises "universally well-loved and respected" Ruth RyersonRyerson’s collaboration, team building and interpersonal skills.
UK Corporate Pension Funded Levels Rise in February
Brexit expected to bring higher volatility and deficits for pensions.
Aon Abandons Heavyweight Merger with Willis Towers Watson
After a whirlwind day of news, Aon confirms it will not pursue the buyout after all.
Newsmakers
Wyoming Retirement System Director Retiring
Ruth Reyerson focused on collaboration, building a ‘strong management team.’
British Pension Pool Picks Managers for New Corporate Bond Fund
Selections chosen for their UK presence and global reach.
Asset Allocation
Exclusive: Los Angeles Water and Power CIO Explains Strategy Behind Its ‘Young’ Private Equity Portfolio
Pension gears up $400 million pacing plan for the 12-year-old allocation.
FCA Issues No-Deal Brexit Tips for Firms
UK regulator says it has prepared for a range of scenarios for when the UK leaves the EU.
Market Moves
Commodities Are Past the Worst, But Don’t Rejoice Yet
While raw materials are no longer slumping, Goldman isn’t that impressed.
Regulation
Moody’s Cautiously Upbeat on Brexit Extension
Ratings agency says allowing more time for EU talks would be ‘credit positive,’ though it isn’t upgrading Britain now.
Research
Private School Endowments Return 7.4% in 2018
Size matters, as the larger funds outperformed the smaller ones.
Alternatives
Despite Strong Returns, New Mexico Exits Core Real Estate Strategy
Pension cites Berkshire’s lack of ability to ‘scale up going forward.’
Asset Allocation
Middle-Market Strategies Dominate Texas Municipal’s Latest Commitments
Retirement fund recommends $650 million in investment activity at its last meeting.
Risk
World’s Largest Sovereign Wealth Fund Flexes Its Muscles
Norway’s pension giant has divested from 240 firms since 2012.
Newsmakers
California Supreme Court Rules in Favor of Pension Benefit Cuts
Despite the ruling, the court sidestepped a much larger issue, whether core pension benefits promised at the time of hire for public workers can be changed.