In The News
Health care is a play on demographics and an aging population. The pandemic sheds light on the importance of health care to national security.
A manager of the Lawrence County government pension fund for its employees said the fund’s investments during the past quarter have gone through one of the most volatile bumps she’s seen.
In September, Vanguard will transition its Prime Money Market Fund into a government money market fund and rename it the Vanguard Cash Reserves Federal Money Market Fund. Fee reductions are also coming for investors.
The co-executive chairman of the private-equity giant talks leadership, regrets and why he now wants to give away his money faster.
Top SEC whistleblower Edward Siedle’s recent fiduciary review of the City of Cranston Fire and Police pension plans found “consistent and dramatic underperformance” of investments — with Siedle recommending that the pension go with a “new pension advisor…without a myriad of conflicts.”
The new venture is aiming to make ‘natural capital’ its own asset.
The DOL says ESG integration cannot propel financial advancement. Experts say they’re wrong; plan sponsors just need education on implementation.
State pension plan investments largely recovered by the end of June after several dramatic market drops linked to the economic effects of the COVID-19 pandemic. At the same time, the spread of the novel coronavirus has caused steep declines in economic activity and state revenue, which will complicate states’ efforts to make expected annual contributions to worker retirement programs.
The U.S. is a superpower in the pension fund world, controlling more than 50% of global assets, and yet a recent Financial Times article identified a $1.6 trillion dollar funding gap as a grave threat to the U.S. economy.
The Pennsylvania Public School Employees Retirement System unanimously agreed to the move in a board meeting Wednesday.
