CA Pension Funds Take Big Hit from Market Declines
August 10, 2011 (PLANSPONSOR.com) - The recent market declines have hit the nation's largest public pension fund, which lost about $18 billion off the value of its stock...
Administration
Alternative Products Still a Focus for Asset Managers
August 10, 2011 (PLANSPONSOR.com) - Cerulli's annual report on the retail alternatives space finds more than 70% of asset managers cite the desire to help investors boost risk-adjusted...
Milliman 100 Sees Largest Funded Status Decline of 2011
August 10, 2011 (PLANSPONSOR.com) - The funded status of the 100 largest corporate defined benefit pension plans dropped by $68 billion during July as measured by the Milliman...
Recent Market Drop Deals a Severe Blow to Pensions
August 9, 2011 (PLANSPONSOR.com) - According to the latest figures by Mercer, Market volatility in the first six trading days of August has dealt a severe blow to...
Investors Shifting to Cash over Market Fears
August 8, 2011 (PLANSPONSOR.com) - Investors of all ages are turning to cash in what appears to be a deliberate and longer-term fundamental change in investing – and...
Illinois TRS Reports 24% Return
August 5, 2011 (PLANSPONSOR.com) – The Illinois Teachers’ Retirement System reported preliminary investment returns of 24% for fiscal year 2011.
CalPERS OPEB Trust Earns 25% in FY2011
August 4, 2011 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) announced that the trust fund for prefunding public employee retiree health benefits and other post-employment benefits...
CT Fund Sees Highest Return in 23 Years
August 4, 2011 (PLANSPONSOR.com) – Connecticut State Treasurer Denise L. Nappier announced that the state pension funds, known collectively as the Connecticut Retirement Plans and Trust Funds (CRPTF),...
Canada Pension Plan Invests in U.S. Real Estate
August 3, 2011 (PLANSPONSOR.com) – The Canada Pension Plan Investment Board said it is investing $284 million in four U.S. properties, but withheld financial details on a fifth.
S&P 1500 Firms See Pension Deficit Increase
August 3, 2011 (PLANSPONSOR.com) - The aggregate deficit in pension plans sponsored by S&P 1500 companies increased by $74 billion during July, from a deficit of approximately $231...
U.S. Pension Funded Status Falls in July
August 3, 2011 (PLANSPONSOR.com) - The funded status of the typical U.S. corporate pension plan in July fell 4.9 percentage points to 83.6%, the worst level since the...
Cogent Identifies Leaders of Mega Plan DC Market
August 2, 2011 (PLANSPONSOR.com) - According to a new report released by Cogent Research, mega defined contribution plan sponsors, whose plans have $500 million or more in assets,...
Manager Hires Increasing in Real Estate and Alternatives
August 2, 2011 (PLANSPONSOR.com) - Institutional hires in alternative investments and real estate increased in the first two quarters of 2011 at the expense of domestic active equity...
Asia, Latin America Future Growth Centers for Asset Managers
August 2, 2011 (PLANSPONSOR.com) - Strategic Insight’s latest report Emerging Market Bridges: All Eyes on Asia & Latin America for Fund Managers & Private Banks, underscores opportunities in...
CFOs Becoming More Involved in HR
August 2, 2011 (PLANSPONSOR.com) - Senior financial professionals continue to spend more time delving into areas outside of traditional finance responsibilities, a recent Robert Half Management Resources survey...
NY Retirement Fund Invests in Real Estate Venture
August 1, 2011 (PLANSPONSOR.com) – International real estate firm Hines has announced a joint venture with New York State Common Retirement Fund (NYSCRF), to invest in more than...
GAO: PBGC’s Investment Policy Statements Incomplete
August 1, 2011 (PLANSPONSOR.com) – The Government Accountability Office (GAO) is recommending that the Pension Benefit Guaranty Corporation (PBGC) and its board of directors develop and maintain comprehensive...
GAO: PBGC’s Investment Policy Statements Incomplete
August 1, 2011 (PLANSPONSOR.com) – The Government Accountability Office (GAO) is recommending that the Pension Benefit Guaranty Corporation (PBGC) and its board of directors develop and maintain comprehensive...
DCIO Market at Risk of Losing Ground
August 1, 2011 (PLANSPONSOR.com) - While DCIO (Defined Contribution Investment-Only) assets continue to grow at a healthy pace, the industry is entering the early stages of maturity, according...
Oregon PERS Holds Rate Assumption Steady
July 29, 2011 (PLANSPONSOR.com) - The Oregon Public Employees Retirement System (OPERS) has voted 4 to 1 to maintain the system’s assumed rate of return.