Public pensions

Utah Retirement Systems names new deputy CIO

Jason Morrow was named deputy chief investment officer of the Utah Retirement Systems.

March 25, 2015 | 03:33 pm
Class-action settlements, public pension fund participation down in 2014 — study

Class-action settlements, public pension fund participation down in 2014 — study

Settlements in securities class-action lawsuits hit a 16-year low in 2014, said a report from Cornerstone Research, which also found public pension funds participating in fewer settlements.

March 25, 2015 | 02:45 pm

Springfield police and fire pension fund hires long-duration bond manager

Springfield (Mo.) Police Officers’ & Firefighters’ Retirement System hired Income Research & Management to run about $30 million in an active domestic long-duration fixed-...

March 25, 2015 | 11:40 am
S&P: Public pension funds dictating state budgets, policy and credit ratings

S&P: Public pension funds dictating state budgets, policy and credit ratings

Public pension funds will continue to shape public policy, budgets and potentially credit quality for states, said a report from Standard & Poor's.

March 24, 2015 | 04:00 pm
Florida SBA rejects increasing risk for Hurricane Catastrophe Fund allocation

Florida SBA rejects increasing risk for Hurricane Catastrophe Fund allocation

Florida State Board of Administration rejected changing the asset allocations to step up risk and boost potential return in the $13 billion Florida Hurricane Catastrophe Fund.

March 24, 2015 | 03:58 pm

Berkeley Police/Fire pension fund looking to potentially replace PIMCO

Berkeley (Mo.) Police/Fire Employees Retirement System is searching for a domestic core or core-plus fixed-income manager to run $4.5 million.

March 24, 2015 | 01:50 pm

New York State Common picks BlackRock for $2 billion unconstrained bond allocation

New York State Common Retirement Fund made $2.55 billion in investments and commitments in January.

March 24, 2015 | 01:37 pm

Tennessee Consolidated searching for private equity consultant

Tennessee Consolidated Retirement System is searching for a private equity investment consultant.

March 24, 2015 | 01:33 pm

Pennsylvania Public School Employees seeks hedge fund consultant

Pennsylvania Public School Employees’ Retirement System is looking for a hedge fund consultant for the $51.7 billion pension fund.

March 24, 2015 | 12:43 pm
San Diego County pension fund suffers new shock

San Diego County pension fund suffers new shock

Already seeking a CIO, CFO and a general counsel, the San Diego County Employees Retirement Association now is without a CEO after Brian White abruptly quit last week.

March 23, 2015
U.S. Steel agrees to disclose political spending following N.Y. State Common proposal

U.S. Steel agrees to disclose political spending following N.Y. State Common proposal

New York State Common Fund withdrew a shareholder proposal it filed at United States Steel Corp. after the company agreed to disclose its political spending.

March 23, 2015 | 01:26 pm

Kansas Public Employees commits to Northern Europe buyout fund

Kansas Public Employees Retirement System committed about $121 million total to two alternatives funds.

March 23, 2015 | 03:50 pm

Oklahoma Firefighters picks hedge fund-of-funds, GTAA managers

Oklahoma Firefighters Pension & Retirement System hired Permal Group and Allianz Global Investors as a hedge fund-of-funds manager and global tactical asset...

March 23, 2015 | 02:39 pm

Berkeley Police/Fire Employees on lookout for custodian

Berkeley (Mo.) Police/Fire Employees Retirement System is searching for a custodian.

March 23, 2015 | 01:49 pm

Boards behaving badly

Incidences of board members at public pension plans misbehaving are on the rise.

March 23, 2015