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.
pension fund
Advice from Legendary Chief Investment Officer Gary Bruebaker on building a pension fund
In this video interview: Bruebaker built one of the strongest funds in the United States, which became one of the few funds to show a profit during the pandemic’s challenging 2022, and is now headed by his mentee, Allyson Tucker. Here’s what he had to get right when building the fund as it became a direct investor in real estate and exponentially increased its private investments. This video interview took place at the Markets Group Pacific Northwest Institutional Forum shortly after Bruebaker was given the Lifetime Achievement Award.
Hall of Fame Interview with Robin Diamonte, Chief Investment Officer, RTX
One of the most influential chief investment
officers in the industry discusses what she sees as threats to the industry,
what she looks for in managers, how she mentors, her work in creating lifetime
income for all workers, her career advice, and making changes on a national
scale as a Presidential appointee to the PBGC.
Markets Group will hold a celebratory ceremony to induct Robin Diamonte into the Chief Investment Officer Hall of Fame in Boston during the 11th Annual New England Institutional Forum on Sept 25-26. Allocators are encouraged to attend. During the event, Britt Harris will have a fireside chat with Diamonte.
Swiss pension fund PUBLICA’s head moves to a consulting firm
Stefan
Beiner will join c-alm as a partner in March 2025
CalSTRS signals 8.4 percent net return for the 2024 fiscal year
The $341.1bn pension fund has a positive return for all its asset allocations except in real estate.
State Teachers Retirement System of Ohio plans strategic moves for fiscal year 2025 within its real estate portfolio
The
$94 billion pension fund will focus on direct investments in apartments and
industrial sectors and will look to reduce allocations to office sector.
Colorado FPPA discloses 4 new commitments and 3 manager terminations
The $6.9
billion pension fund has made new commitments in real assets, real estate and
private capital and terminated public equity and long short equity managers, as
disclosed in its recent meeting.
Ohio Police and Fire Pension Fund has made new commitments to its real estate and private credit sleeve
The $18.2
billion system has made two commitments of $50 million each to its private
credit sleeve and one commitment of $75 million to its real estate sleeve.
Ian McKnight Joins Cartwright as Senior Adviser
Cartwright, a company specializing in pensions for defined benefit and hybrid schemes, has appointed Ian McKnight as Senior Adviser, with an initial emphasis on business development.
Clara-Pensions and Debenhams Trustee to Exit PPF Assessment
Clara-Pensions, a consolidator for defined benefit pension schemes, and the Trustees of the Debenhams Retirement Scheme have finalized an agreement, marking the UK’s second-ever superfund transaction.