Good news is overshadowed by market reactions to the coronavirus pandemic that have cost the largest US pension plan more than $50 billion.
‘Hell is coming,’ the activist investor admonishes, calling for more stringent measures while the nation reels economically.
Norway’s central bank is ramping up spending amid greater calls from the government for a stimulus package.
Plans in Massachusetts, Mississippi, and other states assure retirees that benefits won’t be delayed, but suspend counseling appointments.
Unisuper cites its ineffectiveness in helping the current market situation.
The funded ratio of the 100 largest US plans fell to its lowest level in over three years.
Starting Monday, spectators will be confined to the pension plan’s auditorium with directors in a separate room, six feet away from one other.
‘You can’t be a gambler, and you can’t profess to have a crystal ball,” says state treasurer Dale Folwell.
The current CIO helped develop the liability driven investment approach the Ontario health care fund is known for.
The transaction will form the biggest insurance broker in the world.
As coronavirus cases increase, the investment office of the California educator fund has developed plans in case investment staff are quarantined.