Amid volatile stock markets, the Arkansas Teacher Retirement System’s investments gained a net $240 million in value to total $17.5 billion in the fiscal year that ended June 30, an investment consultant reported Monday to the system’s board of trustees.
General Electric’s move to significantly lower its pension liabilities is simply the latest in a sweeping corporate pivot away from guaranteed retirement benefits.
Shares of Chinese companies that trade in the U.S. traded lower Tuesday following reports that the White House is considering restricting government pension fund investments in China.