Newsmakers
ERSRI Files Mastercard Shareholder Proposal to Curb Sales of Ghost Guns
The Rhode Island pension fund is concerned that ghost gun sales will lead to costly litigation and reputational damage to the company.
Tag: Public Pension
Newsmakers
Fernando Vinzons Named New CIO at Chicago Teachers’ Pension Fund
Vinzons’ appointment comes at a time when Chicago Teachers’ is fighting to improve its poor funded ratio.
Newsmakers
The New York Common Retirement Fund Will Vote to Remove the Boards of Twitter and Meta Today
The pension fund cites the companies’ failure to moderate violent content in the wake of recent mass shootings.
Newsmakers
CPPIB Reports 6.8% Net Returns
The fund also highlighted some of its largest individual investments over the past fiscal year.
Manager Selection
Shoaib Khan Appointed as CIO and Permanent Director of New Jersey’s Division of Investments
He is the first CIO to be hired after New Jersey scrapped its CIO salary cap law.
Newsmakers
PSERS Considers Suing Aon for Miscalculating Returns
The pension fund has hired law firm Blank Rome to look into potential litigation.
Manager Selection
A $350,000 Increase in CIO Pay Could Lead to 60 Basis Points of Outperformance, Says New Study
More surprisingly, the study also found that performance-based compensation did not improve investment returns.
Newsmakers
What France’s First-Round Election Results Mean for Pension Reform
Macron has hinted that he will soften his stance on retirement age.
Newsmakers
CPPIB to Collaborate with Inpher to Develop Unique Dataset for Investment Forecasting
The pension fund is hoping Inpher’s technology will give them new information to beat the market.
Manager Selection
CIO of New Jersey Police and Fire Pension Resigns
The resignation follows an ethics probe into his behavior at a previous pension fund.
Asset Allocation
Ohio Teachers’ Pension Increases Alts and Fixed Income Targets, Decreases Public Equities
The pension was also able to implement a cost-of-living adjustment thanks to high returns this past year.
Newsmakers
CalPERS Selects Wilshire Advisors as Consultant for Private Debt Allocation
Wilshire’s services were almost half the cost compared to those of Meketa.
Newsmakers
High Inflation Leads to Expensive Cost-of-Living Adjustments for CalPERS and Others
This will be CalPERS’ biggest increase in pension payments in 32 years.
Newsmakers
Michigan House Considers $1.5 Billion in Grants for Local Pensions
The bill is targeted at underfunded pensions throughout the state.
Unfunded Liabilities: How Three Public Pensions Found Themselves in Crisis
And how they are clawing their way out.