PSP Investments appoints Caroline Vermette as CFO, Alexandre Roy as chief risk officer
Vermette joins the pension fund after serving as the National Bank of Canada’s senior vice-president of internal audit.
defined benefit pension plans
David Vickers snags CIO role at Windmill Hill Asset Management
In February, Vickers joined the firm, which manages three major philanthropies endowed by the Rothschild family.
Funded ratio of U.S. corporate pension plans declines 1.2% in February: report
Overall, the funded status of plans listed in Milliman’s index dropped by $13 billion in February.
HOOPP reports 9.7% return in 2024, buoyed by public, private equities
Jeff Wendling, the HOOPP’s CEO who is set to retire at the end of March, said the return was supported by solid performances in both public and private equity markets, including results from the plan’s infrastructure investments, alongside absolute return strategies.
WISE Trust reports net return of 11.3% for fiscal 2024, led by global public equities, credit investments
“Despite a challenging economic environment, this impressive return aids in enhancing benefit security for our 10,000+ members and beneficiaries,” said Christopher Brown, the plan’s CEO.