Hints and tips:
...Opaque new owners — Macquarie and Blackstone are the other members of the big three — bring in traditional asset managers, pension funds, insurance companies, high net worth individuals and sovereign wealth...
...The Investment Company Institute, the US fund lobby group, also weighed in, saying the move “will only harm the ability of Texas police, firefighters, teachers, and other state civil servants to save for...
...’ Pension Plan....
...Futures Industry Association’s annual conference in Boca Raton last month....
...Some is invested by sovereign wealth funds, endowments and ultra-high net worths. Some is even from defined-benefit pension funds....
..., the police and the armed forces....
...Calpers’ assets represent just 71 per cent of what it needs to pay future benefits to the 1.9m police officers, firefighters and other public workers who are members of the scheme....
...After all, Calpers only has 71 per cent of the amount it needs to pay future benefits to the 1.9m police officers, firefighters and other public workers who are members of the scheme....
...Calpers’ assets represent 71 per cent of what it needs to pay future benefits to the nearly 2m police officers, firefighters and other public workers who are members of the scheme....
...In the midst of a global pandemic that has jeopardised the ability of municipalities to pay police, firefighters, teachers and medical workers, such considerations may not be front of mind for state treasurers...
...In December, state governor Jay Pritzker signed off on a bill to consolidate Illinois’ firefighter and police pensions into two investment pools (together worth about $14bn)....
...Calpers’ total assets represent just 71 per cent of what it needs to pay future benefits to the 1.9m police officers, firefighters and other public workers who are members of the scheme....
...funds, whom they dubbed “muppets”....
...She has also had high-earning spells as a naval petty officer, business executive, marine corps sergeant, police officer, dentist, army medic, firefighter, rock star and airline pilot....
...Second and more importantly, high-risk loans are left in the private sector, whose major participants include, not just banks, but insurance companies, pension funds and other large-sized savings institutions...
...Also, even conservative Republicans find it culturally and politically challenging to cut benefits for their favoured “first responders” such as firefighters and police....
...New York’s police and firefighter pension funds have invested about $127m in a quantitative hedge fund that specialises in providing protection at times of turmoil, underscoring the rising interest in so-called...
...New York City’s police and firefighters pension schemes have snapped up some of the hedge fund stakes not wanted by the New York City Employees’ Retirement System....
...New York City’s police and firefighters pension systems have snapped up some of the hedge fund stakes sold by their sister system, New York City Employees’ Retirement System, underlining the divergent views...
...New York City’s police and firefighters’ pension systems later snapped up some of the stakes sold by Nycers, underlining the divergent views among investors on the hedge fund industry’s prospects....
...Jay Bowen, president and chief investment officer of Bowen, Hanes, the asset manager that runs the Tampa firefighters’ and police officers’ pension fund in the US, adds: “We are on the edge of a co-ordinated...
...Among the 5.4m Britons who work in the public sector — including the police officers who faced down the Borough Market terrorists, or the firefighters who risked their lives to save the residents of Grenfell...
...With the exception of police and firefighters’ unions, public sector unions and their benefit packages are the natural enemies of the right and the Republican party....
...The move triggered a series of departures from the asset class, and US pension funds known to have reduced or exited their hedge fund investments include the Los Angeles Fire and Police Pensions system,...
...Calpers, which helps finance the retirement plans of teachers, firefighters, police and other state employees, made its first private equity investments in 1990....
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