PENSION FUNDS
CalPERS cut its equity emerging manager program, leaving Legato Capital Management Investments as its sole equity emerging manager.
The Labourers' Pension Fund of Central and Eastern Canada made a $18.8 million investment into cannabis company WeedMD.
The Government Employees Pension Fund plans to invest more in fixed-income and unlisted assets as South Africa faces a possible downgrade.
Pierre Jameson, CIO of the for the Church of England Pensions Board, is to leave his position in early February.
The NISA Pension Surplus Risk index rose to 6.1% during November, up from 5.8% in October.
Ohio Police & Fire Pension Fund has terminated MacKay Shields from a $448 million active high-yield core fixed-income portfolio.
Richard Swart was named head of investment risk at RPMI Railpen.
Funding ratios for corporate pension plans rose in November, reports from Wilshire, Northern Trust, Mercer and Legal & General show.
Japan's GPIF has suspended stock lending to halt a practice it views as inconsistent with its stewardship responsibilities.
New York state and city pension funds said they reached a settlement with Wynn Resorts for $41 million and promises of improved governance.