In The News
The University of California’s Office of the Chief Investment Officer (UC Investments) announced today (Sept. 12) that its assets under management grew to $126.1 billion as of June 30, a one-year jump of $7.4 billion and a five-year gain of $30 billion.
Some defined contribution plan investments may already include real estate investments in their underlying portfolio, but if not, plan sponsors may consider real estate investment trusts or direct real estate investments.
The government needs to ensure that federal worker retirement dollars are not being invested in China, Sen. Marco Rubio told CNBC on Wednesday.
CIM is out after nine years of failed efforts to develop a vacant lot in downtown Sacramento into an office tower. What’s next for the site is unclear.
Hedge Fund D.E. Shaw being sued by former executive for improper payouts.
The FBI is investigating a cybertheft of $4.2 million from the state’s pension fund for retired Oklahoma Highway troopers, state agents, park rangers and other law enforcement officers. The Oklahoma Law Enforcement Retirement System (OLERS) posted an announcement online about the investigation Thursday, 10 days after the money went missing.
Pension plans that have invested in long bonds would have benefited, according to Northern Trust Asset Management, and Legal and General Investment Management America suggests market volatility can be risk-managed and controlled to a specific target with the use of an overlay.
Kentucky’s auditor of public accounts released a report that accuses the Kentucky Retirement Systems (KRS) and Teachers’ Retirement System (TRS) of failing to comply with a law passed two years ago that requires increased transparency in the state’s public retirement systems. KRS responded by calling the findings “highly flawed.”
Wisconsin’s public pension plan is the best funded in the nation, according to a new analysis from the Tax Foundation on Fiscal Year 2017 data.
A large move into equity factor investing was key for largest US pension, CIO reports.
