Public pensions

Moody's downgrades Kansas' credit outlook, cites pension liabilities

Moody's downgrades Kansas' credit outlook, cites pension liabilities

Moody's Investors Services revised the outlook of Kansas' issuer rating to negative from stable, the ratings agency announced on Tuesday, citing in part the underfunding of the state's pension plans.

May 04, 2016 | 12:31 pm

Scranton, Pa., seeks manager and trustee for city pension funds

Scranton, Pa., is searching for a pension fund manager and trustee for its three city pension funds, which have a combined $52 million in assets.

May 04, 2016 | 12:28 pm

Texas County & District slates $20 million for 2 venture capital funds

Texas County & District Retirement System committed a total of $20 million to two venture capital funds managed by Mayfield Fund.

May 04, 2016 | 12:21 pm

Cambridge Contributory Retirement drops 2 equity managers

Cambridge (Mass.) Contributory Retirement System terminated Columbia Threadneedle Investments and MFS Investments from active domestic equity portfolios.

May 03, 2016 | 02:23 pm

Texas Employees commits $454 million to 4 managers

Texas Employees Retirement System, Austin, committed $454.5 million to six funds in April.

May 03, 2016 | 04:04 pm
Malaysia’s EPF touts success of foreign investment program

Malaysia’s EPF touts success of foreign investment program

Shahril Ridza Ridzuan, CEO of Malaysia’s 684.5 billion ringgit ($174.8 billion) Employees Provident Fund, said Tuesday his investment team remains hopeful the Kuala Lumpur-based retirement fund ...

May 03, 2016 | 12:54 pm

Massachusetts Housing agency plan wants emerging markets debt, passive managers

Massachusetts Housing Finance Agency Employees' Retirement System is searching for an emerging market debt manager to run approximately $5 million and passive index managers to run approximately $55...

May 03, 2016 | 12:24 pm

Indiana Public Retirement taps SSgA for international bonds

Indiana Public Retirement System hired State Street Global Advisors to manage $543 million in international fixed income.

May 02, 2016 | 03:48 pm

Public pension funds feeling the heat in hedge fund furor

Pressure to exit hedge fund portfolios — as the $51.2 billion New York City Employees' Retirement System resolved to do last month — is almost exclusively a U.S. public pension plan...

May 02, 2016
COLA clashes in spotlight as public plans, participants tussle

COLA clashes in spotlight as public plans, participants tussle

Through legislation and regulation, public pension plans are reforming their cost-of-living-adjustment rules, which often ignites legal clashes with employees and retirees.

May 02, 2016
Investors not following New York City's lead

Investors not following New York City's lead

NYCERS' actions notwithstanding, few institutions are dumping hedge funds.

May 02, 2016

Florida State Board slates $1.7 billion in commitments, investments

Florida State Board of Administration committed or invested $1.69 billion with 14 managers.

May 02, 2016 | 04:32 pm

Louisiana Municipal Employees terminates Vontobel for emerging markets equity

Louisiana Municipal Employees’ Retirement System, Baton Rouge, terminated Vontobel Asset Management from an active emerging markets equity portfolio.

May 02, 2016 | 03:10 pm

New York State Common allocates $1.59 billion to 4 private equity managers

New York State Common Retirement Fund made five private equity commitments totaling $1.59 billion.

May 02, 2016 | 04:25 pm

Massachusetts Port Authority Employees’ Retirement seeks master custody services

Massachusetts Port Authority Employees’ Retirement System is searching for a master custodian.

May 02, 2016 | 03:44 pm