Arizona State Retirement System taps new CIO
Karl Polen was named chief investment officer of the $32 billion Arizona State Retirement System.
View ArticleU.K. corporate pension funding deficit decreases 17% in February
The total deficit of all corporate defined benefit funds in the U.K. decreased 17.1% to £209 billion ($301 billion) in February, despite uncertainty over the U.K.'s future in the European Union and...
View ArticleChicago Laborers scouting for non-core real estate
Chicago Laborers' Annuity & Benefit Fund is searching for a non-core, value-added real estate manager to run $10 million.
View ArticleAttleboro Contributory Retirement seeking passive large-cap manager
Attleboro (Mass.) Contributory Retirement System is searching for a passive large-cap equity manager to run $7.5 million for the $125 million defined benefit plan.
View ArticleDania Beach Police and Fire looking for U.S. large-cap value manager
Dania Beach (Fla.) Police and Fire Retirement System is searching for an active domestic large-cap value equity manager to run $5 million.
View ArticleRussell: $20 billion club's large drop in liabilities offset weak 2015...
The aggregate funded status of 20 U.S. publicly listed corporations with more than $20 billion in pension fund liabilities was relatively flat in 2015 compared to 2014.
View ArticleNew Wisconsin law gives municipal employees more retirement plan options
Wisconsin municipal employees will have more choices in retirement programs under legislation signed into law Monday by Gov. Scott Walker.
View ArticleHouston Municipal Employees terminates Profit Investment Management
Houston Municipal Employees Pension System terminated Profit Investment Management as a domestic equity manager, spokesman Peter Koops said in an e-mail.
View ArticleVermont terminates PIMCO as part of asset allocation changes
Vermont Pension Investment Committee, Montpelier, terminated Pacific Investment Management Co. from a $216 million global asset allocation portfolio it ran for the $3.6 billion Vermont State...
View ArticlePepsiCo. to pour $150 million into pension plans this year
PepsiCo Inc., Purchase, N.Y., plans to contribute about $150 million to its pension plans in 2016, a recently released 10-K filing with the Securities and Exchange Commission said.
View ArticleIndiana bill will require pension fund to divest companies boycotting Israel
Indiana Public Retirement System, Indianapolis, will be required to divest from businesses that boycott, divest or sanction Israel as a result of a bill passed by the Indiana General Assembly.
View ArticleKraft Heinz to dish out $345 million in pension plan contributions in 2016
Kraft Heinz Co., Pittsburgh, plans to contribute approximately $345 million total to its global defined benefit plans in 2016, the company announced in its recently filed 10-K with the Securities and...
View ArticleCorporate funding ratios slip in February - 2 reports
The funded status for U.S. corporate pension plans dropped about one percentage point in February, said reports from Mercer and Wilshire Consulting.
View ArticleHealthcare of Ontario Pension Plan posts 5.1% return in 2015
Healthcare of Ontario Pension Plan, Toronto, returned 5.12% on its investments in 2015, helping boost the plan's assets 5.1% to C$63.9 billion ($46.1 billion) as of Dec. 31, said Jim Keohane,...
View ArticleCaisse picks Air Canada pension official as new executive VP
Jean Michel, who oversaw pension investments at Air Canada, was named executive vice president, advisory services to depositors and strategic analysis, at the Caisse de Depot et Placement du Quebec.
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