PENSION FUNDS
Orange County Employees Retirement System has about $4.5 million of Credit Suisse Group stock and $250,000 of Credit Suisse additional tier 1 bonds.
Sweden's biggest pension fund, Alecta, sold all of its shares in struggling U.S. lender First Republic Bank at a loss of $728 million.
San Francisco City & County Employees' Retirement System named two finalists in its search for a public markets investment consultant.
The Bucks County retirement system filed a class-action lawsuit against Norfolk Southern and its top executives alleging the company misled investors.
NYC Retirement Systems' CIO said that due to aggressive rate hikes, chances of a recession are better than a 50%, but a downturn isn't coming soon.
Illinois State Universities Retirement System terminated a manager and launched a diverse-manager portal for other asset owners.
Alecta's CEO will investigate the pension fund's $2 billion exposure to beleaguered U.S. banks, including collapsed Silicon Valley Bank.
John Lewis Partnership saw its pension fund swing into deficit from a $587 million surplus, as last fall's liquidity crunch hit assets.
The U.K. government wants listed assets held by local authority pension funds to be pooled by 2025.
The U.K. Pensions Regulator warned trustees and company directors about criminal prosecution if they misuse plan assets.
