General Electric will freeze its U.K. defined benefit funds effective Jan. 1, as part of plans to solidify its financial position.
Unisys Corp. transferred the retiree obligations of its Swiss subsidiary's primary pension plan to a multiemployer collective foundation.
Texas County & District Retirement System committed an additional $15 million to venture capital fund Shine Capital I.
Kelly Weller was chosen as executive director of the Chicago Firemen's Annuity & Benefit Fund, effective July 1, replacing Steve Swanson.
Funding ratios for U.S. corporate pension plans changed slightly in May, driven by higher asset values and other factors.
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.
Los Angeles County Employees Retirement Association's board adopted a new asset allocation, increasing illiquid assets to 32% from 19%.
BT Group will pay $3.7 billion in contributions by 2023 in efforts to get its pension fund to fully funded status by 2030.
Chris Grant was appointed CIO at the $9.4 billion Nationwide Pension Fund, replacing Mark Hedges.
Los Angeles City Employees' Retirement System adopted a new asset allocation, increasing private equity by 2 percentage points to 16%.
St. Louis County Retirement Plan terminated LSV Asset Management from a $28 million active emerging markets equity portfolio.
Jacksonville City Retirement System cut its target to master limited partnerships and raised targets to emerging and international equities.
Los Angeles Fire & Police Pensions voted to retain Brandes Investment Partners, which manages $1.1 billion in active international equities.
Susie Ardeshir was named executive director and CIO of Arlington County Employees' Retirement System, the first woman to hold the posts.
Kentucky Public Pensions Authority added a total of $300 million to two existing open-end core real estate fund investments.
Funding ratios for U.S. corporate pension plans increased in April, driven by strong equity markets.
NPS, with 280 investment professionals at the end of 2019, listed 54 positions to be filled ahead of its portfolio reaching a milestone in assets.
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.
New York State Teachers reported a 9.6% return on investments for the quarter ending Dec. 31 and announced several one-year renewals.
Tulare County Employees' Retirement Association narrowed down the finalists for its investment consultant search to three firms.
Sacramento County Employees rebalanced its equities and fixed-income portfolios and redeemed from a hedge fund that was on its watch list.
Ventura County raised targets to large-cap equity, private debt and private equity, and lowered absolute-return fixed income and Treasuries.
Melrose Industries plans to contribute about $138 million to its GKN U.K. defined benefit funds through an asset sale.
PFA Pension posted a 6.3% gross return on its investments in the first quarter, boosted by the performance of its equity portfolio.
Kannan Venkataramani was named senior managing director, global equities, for the Ontario Municipal Employees' Retirement System.