U.K. pension funds with $174 billion in combined assets called on other asset owners to commit to improving fund manager diversity.
Chicago Policemen’s Annuity & Benefit Fund returned 24.7% for the year ended June 30, trailing its benchmark but matching it over 10 years.
LACERA gave its head of real assets the authority to invest up to $250 million a year in co-investments and secondary market transactions.
U.S. state pension plans saw average median returns of 8.6% and 5.8% for the 10 and 20 years ended June 30, 2020, respectively.
Oregon Public Employees Retirement System returned 25.54% on its investments for the year ended June 30, underperforming its benchmark.
Japan's public pension funds remain hooked on equity beta as one-way bull market of recent years looks poised for an extended run.
San Bernardino County Employees' Retirement Association returned a preliminary net 33% in the fiscal year ended June 30.
David Felix, director of alternative investments at Pennsylvania State Employees' Retirement System, has left the pension fund.
AP1 reported a net return of 10.9% in the six months ended June 30, with assets increasing nearly 10% to $51 billion.
Sonoma County Employees' Retirement Association increased its target allocations to farmland and infrastructure to 8% each.
FedEx Corp. plans to make voluntary contributions to its U.S. pension plans totaling $500 million in its fiscal year ending May 31, 2022.
CalPERS' executive search firm, Dore Partnership, does not expect the nation's largest pension fund to have a new CIO in place until March.
Varma Mutual Pension Insurance Co. named Sampsa Ratia as director of real estate investments, effective Aug. 16.
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.
The PBGC provided details underfunded multiemployer plans must provide to show they are eligible to receive special financial assistance.
Some asset owners, including CalPERS, are reconsidering how they use tracking error in measuring risk.
Kuwait's Public Institution for Social Security had its best ever annual performance, recording growth in assets of 20.9%.
CalPERS' rehiring of Buck Global for valuation services did not have the backing of all board members.
Ontario Teachers' Pension Plan aims to double its infrastructure investments within the next five years.
Public Sector Pension Investment Board, which manages $168 billion, returned a net 18.4% on investments in the fiscal year ended March 31.
A resolution calling for a vote for new leadership at the Pennsylvania Public School Employees' Retirement System was withdrawn.
Six board members of the Pennsylvania Public School Employees pension fund called for the removal of the plan's executive director and CIO.
U.K. pension funds are concerned that the latest proposal from the U.K. regulator could force them to reduce allocations to illiquids.
South Korea's national pension fund, the world's third-largest, will no longer invest in new coal-fired power plants at home and abroad.
Local authority pension funds should invest $22.5 billion in impact opportunities to help the U.K. to "level up" and recover from the pandemic.