Pensions
Pressure Mounts on Public Pension Funds to Divest Chinese Investments
State and federal legislation aims to prohibit public funds from investing in the country.
Tag: Missouri State Employees’ Retirement System
Newsmakers
Missouri Divests $500 Million From BlackRock as GOP Backlash Over ESG Grows
In less than a month, four states have pulled over $1.5 billion out of BlackRock investments in protest over a ‘woke political agenda.’
Corporate Moves
The Curious Case Against Hedge Funds in Kentucky
Missouri’s new CIO is still fighting a nearly four-year-old lawsuit in Kentucky over investments that appear to have performed as intended.
Corporate Moves
TJ Carlson Hired as Missouri State Employees’ Retirement System’s New CIO
He will replace Shannon Davidson, who will retire in November after 25 years at MOSERS.
Corporate Moves
Missouri State Retirement System Seeks New CIO
Shannon Davidson is set to resign from $9.1 billion pension fund as early as October.
Asset Allocation
Special Report: Why Pennsylvania SERS is Moving Toward a Liability-Driven Benchmark
New CIO Seth Kelly is hiking the fund's asset allocation to fixed income.
Asset Management Culture
Pennsylvania SERS Names Seth Kelly CIO
Kelly replaces Bryan Lewis, who left last year and is now CIO of US Steel.
Newsmakers
MOSERS Offers Lump-sum Payment Option to 17,000 Former Employees
Program could save $7 million per year for the fund.