Newsmakers
Johns Hopkins University Seeking New CIO
The successful candidate will oversee $9 billion of endowment and pension assets.
Tag: Pension
Pensions
Saskatchewan Healthcare Pension Returns 8.43% in 2023
SHEPP saw its assets grow to $7.29 billion at the year end.
Newsmakers
Illinois Police Pension Appoints Greg Turk as Deputy CIO Amidst Private Markets Push
Turk will oversee the planning and implementation of the fund's private markets investments.
Pensions
STRS Ohio Board Votes Against Performance Bonuses for Investment Staff
The board of the pension fund voted 5-4 to negate any performance-based compensation.
Pensions
Google Cloud Accidentally Deletes Australian Superannuation Fund’s Data
The $83 billion UniSuper saw its operations disrupted over the accident.
Pensions
Strong Q4 Returns Propel Canadian DB Pensions to 9.1% Return in 2023
Private and public sector plans returned 8.4% in the final quarter, according to RBC Investor Services.
Pensions
Norway’s KLP Pension Announces Divestments From Gulf Countries Over Human Rights
The exclusion was the fund's eighth such announcement this year.
Asset Allocation
EDHEC Institute Warns UK Pensions Against Investing in Infrastructure
Report says ‘remarkably poor and unreliable’ data on the asset class is a stumbling block for defined benefit plans.
Pensions
ATI to De-Risk Nearly $1.8B in Pension Obligations
The firm will transfer 85% of its U.S. defined benefit plan obligations to Athene through annuity contracts.
Asset Allocation
State Teachers Retirement System of Ohio Returns 7.55% in Fiscal 2023
Traditionally a strong performer for the pension fund, alternatives underperformed during the fiscal year.
Newsmakers
CEO of UK’s Pension Protection Fund to Depart by Year’s End
Oliver Morley will become CEO of the U.K.’s Money and Pensions Service.
Pensions
Netherlands Ranks 1st Among 47 Global Pension Systems
The 2023 Mercer CFA Institute Global Pension Index ranked pension funds around the world on adequacy, sustainability and integrity; the US got a C+.
Asset Allocation
Public Equities Drag Orange County Pension Investments 7.8% Lower in 2022
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
Pensions
After Years of Planning, UK Finally Authorizes First CDC Pension Plan
The Royal Mail finally received authorization for a plan it proposed in 2018 after closing its defined benefit plan.
Regulation
Canada Passes Pension Bankruptcy Protection Bill
Bill will make plan members top priority when a company becomes insolvent.