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...One example is the $137bn New York State Teachers’ Retirement System, which sold 34 private equity holdings with $3.5bn in total commitments on the secondary market at the end of last year....
...“Singapore trumpets that it is an ‘innovation economy’ but has a retirement system that is so risk averse....
...As part of that effort, it now seeks to measure the carbon emissions from its assets, which include private and public companies and real estate and infrastructure....
...About 300 people were arrested at Columbia and another university, City College of New York, New York mayor Eric Adams said on Wednesday....
...For months, Republicans held up plans for military aid to Ukraine and Israel over border policies while red states such as Texas bussed migrants to urban Democratic strongholds such as New York and Los Angeles...
...Fink’s letter raised issues more than it suggested concrete solutions, but he wrote that Japan had found ways to encourage people to stay in work longer and that Australia’s national retirement savings system...
...This is the fourth year in a row that New York lawmakers have threatened to redefine how the state’s courts deal with sovereign debt disputes, and in a one-party state like New York, what Democrat legislators...
...State Street Global Advisors developed a new product for the $32bn University of California retirement system aimed at this issue....
...The California Public Employees’ Retirement System has named a former top executive at the New Zealand sovereign wealth fund to direct the largest US public pension plan’s investments following the abrupt...
...The growing reliance on illiquid assets has also introduced new challenges in terms of cash flow for defined benefit style funds, such as Calstrs and others public retirement systems, which must pay regular...
...SACRAMENTO, Calif. — The California Public Employees’ Retirement System has selected Stephen Gilmore, a senior investment leader with extensive experience in public and private financial institutions and...
...prototype new formats and methods for collaborative learning....
...The plan is designed to alleviate pressure on a pension system that is expected to come under huge strain in the next few years as a whole generation of “baby-boomers” born in the 50s and 60s enters retirement...
...Our plans will not mean adding a new tier of government to the existing English system. This did two things....
...The California Public Employees’ Retirement System has named a new chief investment officer to replace the former CIO, who in 2023 left the job after less than two years....
...Ailman, who has served as CIO of the California State Teachers’ Retirement System since 2000, announced his retirement at a board investment committee meeting on Thursday....
...As television cameras and cheering crowds looked on, a tough-talking Trump vowed to “straighten New York out”....
...Here’s a chart showing unfunded entitlements as percent of local GDP for EU and EFTA countries at the end of 2021, together with the value of asset-backed pensions: The sizes of these definitely-not-debt-but-maybe-sort-of-liabilities...
...However, the other factor is Albany, the chilly New York state capital. Yes, really....
...New York will take the extraordinary step of deploying National Guard troops to patrol its subway system, following a spate of violent attacks that have unnerved riders and sparked fresh claims from Republicans...
...His New York Times obituary descibes the rooms as ressembling “Hogarth paintings, Dickens stage sets and a three-dimensional Beatrix Potter drawing....
...Fink described the mismatch between what Americans were saving and what they would need for retirement as “a problem so big and urgent that government and corporate leaders [need to] stop business as usual...
...Le Dû had originally moved to New York to be a punk rocker in the 1980s, but he soon fell into the wine world of New York City and trained to be a sommelier....
...They lost almost half the council seats they were defending across England, and were defeated in nine out of the 10 metro-mayoral races, including in the new York and North Yorkshire combined authority,...
...Weinstein was first convicted in New York in February 2020 and sentenced to 23 years in prison....
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