Six board members of the Pennsylvania Public School Employees pension fund called for the removal of the plan's executive director and CIO.
MassPRIM is looking to ramp up its allocation to diverse and emerging managers through an initiative codified by a recently enacted law.
Sacramento County Employees rebalanced its equities and fixed-income portfolios and redeemed from a hedge fund that was on its watch list.
Funding ratios for corporate pension plans increased in March on a monthly and quarterly basis.
San Joaquin County Employees' Retirement Association placed PIMCO on watch for an emerging markets equity portfolio.
San Antonio Fire & Police Pension Fund terminated a $49 million small-cap emerging markets equities strategy run by Lazard Asset Management.
Funding ratios for corporate pension plans increased in February, as Treasury rates rose in the latter half of the month.
Several Austin, Texas-based pension systems have either closed offices or canceled scheduled board meetings due to severe weather.
Principal Financial Group is considering making voluntary contributions of up to $100 million to its defined benefit plans in 2021.
The MassPRIM Board plans to add up to $400 million to its internally managed direct property investment strategy this year.
Michael McGirr was named director of private equity at the Massachusetts Pension Reserves Investment Management Board.
Funding ratios for corporate pension plans inched up in January, driven in part by an increase in corporate bond yields.
The funded status of the largest corporate pension plans in the U.S. was unchanged from a year ago, boosted by the fourth quarter.
Funding ratios for corporate pension plans increased in December and in the fourth quarter.
Three reports show funding ratios for corporate pension plans increased in November, primarily driven by equity performances.
Russell Niemie was named chief investment officer of the $27.4 billion Police and Firemen's Retirement System of New Jersey.
The average funding ratios for corporate pension plans remained basically flat in October.
New York State Teachers' Retirement System approved one-year renewals with nine money managers and one investment consultant.
Underperforming local pension plans in Massachusetts that transferred management of assets to MassPRIM saw substantial benefits in doing so.
Connecticut Retirement Plans & Trust Funds has no plans to commit further capital to investment funds managed by Apollo Global Management.
A Pennsylvania fund won’t consider new investments with Apollo due to investigations over Leon Black’s ties to Jeffrey Epstein.
Ontario Teachers' Pension Plan and Lightyear Capital have agreed to acquire wealth management firm Allworth Financial.
Gregory Samorajski was named CEO at Iowa Public Employees just as the COVID-19 pandemic unfolded, presenting challenges and opportunities.
The average U.S. corporate pension plan funding ratio increased during the third quarter, according to industry reports.
The funding ratios for corporate pension plans decreased slightly in September, three reports said, while another said ratios were flat.