The nation's largest pension fund, CalPERS, is expanding its research on ESG issues.
Hedge fund manager Davidson Kempner Capital Management has terminated its relationship with the Kentucky Retirement Systems.
Chicago Public School Teachers' Pension & Retirement Fund terminated domestic large-cap equity manager Ivy Investments.
S&P Global Ratings downgraded Kentucky's credit rating due in part to "increased budgetary strain from rising costs associated with pension obligations."
David Eager was named executive director of the $17.4 billion Kentucky Retirement Systems.
Illinois State Universities Retirement System, Champaign, terminated Channing Capital Management as a domestic midcap value equity manager.
The funded status of U.S. corporate pension plans rose in 2017 as asset growth outpaced liabilties, said reports from three firms.
The funded status of U.S. corporate pension plans stayed the same or showed slight improvement in the fourth quarter, two reports find.
Adjusted net pension liabilities for the 50 largest local governments totaled $456 billion in at the end of fiscal year 2016, up from $390 billion.
Alaska Retirement Management Board terminated three managers and put two others on watch.
The funded status of U.S. corporate pension plans improved in November, according to four reports.
FirstGroup PLC is the first private-sector employer to consolidate its pension fund assets within an LGPS pool.
The aggregate funded status of the largest U.S. corporate pension plans rose in October, said two reports.
CalPERS allocated an additional $350 million to its real estate emerging managers program.
Hawaii Employees' Retirement System, Honolulu, put real estate consultant Aon Hewitt on watch because of organizational changes.
The funded status for U.S. corporate pension plans rose in September, said reports from Mercer, Wilshire Consulting and Northern Trust Asset Management.
The average funded status of corporate pension plans sponsored by Russell 3000 firms rose an estimated 2.1 percentage points in Q3 to 85.4%.
U.S. state pension plans returned a median annualized 5.9% for the 10 years ended June 30, 2016, vs. 6.8% for the 10 years ended June 30, 2015.
The funded status for U.S. corporate pension plans declined in August, said reports from Mercer and Northern Trust Asset Management.
The aggregate funded status of the largest U.S. corporate pension plans fell in August.
Oklahoma Teachers' Retirement System, Oklahoma City, named three finalists in its search for a passive equity manager.
Houston Firefighters' Relief and Retirement Fund terminated equity strategies managed by The Mitchell Group and Mellon Capital Management.
Oklahoma Teachers' Retirement System terminated Advisory Research as an active international small-cap equity manager.
Iowa Public Employees' Retirement System put two managers on watch.