Newsmakers
Maryland State Pension CIO Andrew Palmer Announces Retirement
Palmer, CIO of the Maryland State Retirement and Pension System since 2015, expects to step down this summer.
Tag: Maryland State Retirement & Pension System (MSRPS)
Pensions
Maryland Pension to Add Climate Advisory Panel
The board of the Maryland State Retirement and Penson System seeks three outside experts to assist the fund in achieving a sustainable portfolio.
Newsmakers
Maryland Retirement Agency Hires Deputy CIO
Thomas Kim has joined the $67.7 billion Maryland State Retirement and Pension System.
Asset Allocation
Maryland State Pension Fund Returns 3.14% in Fiscal 2023
Strong gains from public equity investments raise the portfolio’s asset value to $65.2 billion.
Newsmakers
New Jersey Division of Investment Hires Head of Private Equity
Dana Johns takes the job after working as senior portfolio manager of private equity for Maryland’s state pension fund.
Asset Allocation
Maryland State Retirement System Loses 3% in Fiscal Year 2022
Despite the loss, the pension fund beat its benchmark by 53 basis points.
Manager Selection
Elizabeth Burton to Step Down as CIO of Hawaii ERS
After more than three years leading the $22.5 billion investment portfolio, Burton is leaving due to personal and family considerations.
Finally, the Move Out of Scandal-Tainted LIBOR Is at Hand
Why the prolonged wait for a transition to a new and less-corruptible credit benchmark?
Asset Allocation
Private Equity Has Been the Can’t-Miss Investment
The results are stunning, but some challenges confront the popular alt.
Newsmakers
CalPERS Considering Selling Up to $6 Billion in Private Equity Stakes
The report comes after the fund said it would increase its allocation to the asset class.
Alternatives
Private Equity Powers Record-Breaking Pension Returns
The asset class has outperformed even public equities for many institutional investor portfolios.
Asset Allocation
Exclusive Coverage: CIOs Assess How Pension Fund Investors Can Be Successful After COVID-19
Better governance, flexibility, and clever investment strategies and solutions can prepare pension funds for the future, plan leaders say.
Pensions
Maryland State Pension Returns 3.6% in FY 2020
Fund beats its benchmark to raise its asset value to $54.8 billion.
Newsmakers
New Maryland Law Requires State Pension to Reveal All Fees
Unreported carried interest accounted for as much as 35% of state pension’s total fees in 2018.
Risk
Maryland State Retirement System Returns 8% for Fiscal 2018
Private and public equities lead the way with double-digit gains.