Public plans are lowering their assumed rates of return, with some taking advantage of the recent gains made over the latest fiscal year.
U.K. pension funds choosing outside fiduciary managers are getting bigger, according to an IC Select survey.
Los Angeles Fire & Police Pensions board canceled a search for a levered bank loan manager.
U.S. public pension funds enjoyed extraordinary returns for the year ended June 30, but the long-term picture remains challenging.
Texas Employees alerted state and federal law enforcement agencies to a cyberfraud attack on retiree accounts, which led to convictions.
Institutional investors with large allocations to U.S. equities and fixed income saw strong median returns in the second quarter.
Japan's public pension funds remain hooked on equity beta as one-way bull market of recent years looks poised for an extended run.
Angela Miller-May was named chief investment officer of the Illinois Municipal Retirement Fund, effective Aug. 16, replacing Dhvani Shah.
Outperformance by most of GPIF's external managers last year is a test of sorts for the fund's 3-year-old experiment in manager fees.
Kuwait's Public Institution for Social Security had its best ever annual performance, recording growth in assets of 20.9%.
Marin County Employees' Retirement Association moved $750 million to a Russell 1000 index fund managed by State Street Global Advisors.
CalPERS is preparing to restart its search for a new CIO later this summer, after having suspended the recruitment effort in March.
Kelly Weller was chosen as executive director of the Chicago Firemen's Annuity & Benefit Fund, effective July 1, replacing Steve Swanson.
Ray Joseph will be joining the $29.6 billion Los Angeles Fire & Police Pensions as CIO on June 14, replacing Tom Lopez.
Funding ratios for U.S. corporate pension plans changed slightly in May, driven by higher asset values and other factors.
Chicago Park Employees' Annuity & Benefit Fund terminated Mesirow Financial from a $10 million active core fixed-income portfolio.
Multiemployer pension plans managed to ride out the economic turbulence of 2020, thanks largely to investment returns.
Universities Academic Pension Plan is looking to conduct a search for one or more public equity managers before the end of the year.
Jacksonville City Retirement System cut its target to master limited partnerships and raised targets to emerging and international equities.
The move could reflect a desire to lessen GPIF's reliance on equity beta as a long-lived stock market rally stretches into extra innings.
After nearly 20 years as CalSTRS CEO, Jack Ehnes is retiring and reflecting on his tenure at the nation's second largest pension fund.
CalPERS board voted to add a long-term incentive plan to the compensation package for its CIO position, starting with the 2022 fiscal year.
Louisiana Firefighters' Retirement System placed Boston Partners on watch for its $127 million active global equity portfolio.
The NISA Pension Surplus Risk index fell 0.2 percentage points to 7.7% in March, and the average plan funded status rose to 95.3%.
Louisiana Municipal Police created a target to diversified multisector fixed income and raised its overall target allocation to equities.