Hints and tips:
...— has quite the job ahead of him, which he obliquely nodded to in the pension plan’s statement: “I’m grateful to CalPERS’ leaders for the trust they’ve put in me to help shape the pension fund’s next chapter...
...BlackRock’s LifePath Paycheck, which rolls out in April, also combines target date funds with annuities, but the guaranteed payments can start sooner, allowing participants to keep the rest of their pension...
...“It has been an honour to lead and guide this massive global investment trust fund for the teachers of California,” said Ailman....
...Gilmore starts at the largest US public pension plan in July, ending a seven-month vacancy in the top position at the $494bn pension fund....
...Private equity executives need to “share the wealth” they create with workers at the companies they buy, according to the investment head of Calstrs, the giant US pension fund that is one of the world’s...
...Thirty-six “master trusts”, the largest workplace DC pension schemes, held three-quarters of the DC pension sector’s £143bn total assets, or £105bn, as of June, according to The Pensions Regulator....
...Read the full story here Five unmissable stories this week The board of Baillie Gifford’s flagship £14bn Scottish Mortgage Investment Trust has announced a £1bn share buyback in an attempt to prop up its...
...UK pension fund trustees must consider increasing the range of their investments, including in start-ups or other illiquid assets, or face “robust” intervention, the British regulator has warned....
...Calstrs to PE: Share the wealth Private equity executives have made a killing managing money for big investors such as US public pension funds....
...A quick aside to explain the GPFG reference. That stands for Government Pension Fund Global, the name of the actual fund (often just called “the oil fund” in Norway, or Oljefondet)....
...The chief executive of Canada’s influential Canada Pension Plan Investment Board told the FT’s Harriet Agnew and DD’s Will Louch, “people invest in private markets because of returns”....
...The immutable right of pension trustees to invest as they see best on behalf of their members runs through this debate....
...Bonde stressed that Alecta was “financially stable” but that a “very unfortunate business decision” had led to a drop in trust in the pension fund....
...Today, the interests of the 10.1mn members of private sector DB schemes are overseen by about 5,200 boards of trustees, their advisers and their managers....
...Data visualisation by Keith Fray Letters in response to this article: Pension fund assets could be made to work for benefit of all / From Rory Murphy, Chair of Trustees, Merchant Navy Officers Pension...
...In the UK, the pension consultant industry is both hugely influential and particularly concentrated, yet its investment advice to trustees is not currently regulated....
...Mark’s pension contributions, of around £44,000, were refunded to Claire, while around £165,000 of the fund was returned to the employer....
...fund GIC....
...I have never thought too deeply about a pension. It feels insignificant because I am only thinking about the here and now. I have a company pension with Billion Dollar Boy, with £16,400 in my fund....
...Last week, the heads of the Financial Conduct Authority and The Pensions Regulator conceded to a House of Lords committee that they had not been paying sufficient attention to the use of LDI by pension funds...
...(Another was the liability-driven investing strategies that blew up in UK pension funds last autumn.)...
...Wading into a traditionally male-dominated genre, feminist sci-fi icon Ursula K Le Guin, who taught Robinson literature at the University of California San Diego in 1977, was one of the first to show the...
...The former head of the Canada Pension Plan Investment Board is joining a Singapore-based venture capital group, in his first role since quitting the fund after his decision to fly to the Middle East to receive...
...Hiromichi Mizuno, the former investment boss of the $1.4tn-in-assets Government Pension Investment Fund of Japan, has joined MSCI as a special adviser to the chief executive officer....
...Scottish Mortgage showdown The FT digs into deep-seated tensions over strategy at the UK’s biggest investment trust that led to board member Amar Bhidé’s dramatic exit....
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