Some PSERS staff believe the probe’s findings could be damaging to their reputations. So their lawyers are pushing for the report to be kept private or contain rebuttals.
While the average hedge fund asset allocation by public pension funds has been on the decline due to concerns with low performance and high fees, interest from Canada’s largest pension fund remains strong.
Defined benefit (DB) pension schemes should pay more attention to optimising their inflation hedging strategies due to current volatile inflation rates, according to LCP.
The retirement fund has been around since the 1940′s but it’s teetering off a precarious ledge. The review board found the fund will run out of assets by 2043, in a best-case scenario.
Wilshire, a global investment technology and advisory company, and Rayliant, an Asia-focused fund manager dedicated to providing innovative quantitative investment solutions, today announce a collaboration to develop a new generation of quantitative strategy indexes to give institutional investors access to new passive investment opportunities.
Pension Funds Administrators are now downsizing their investments in state governments’ bonds amidst fears that the states’ financial stability and their commitment to pensions are questionable.