PENSION FUNDS
State government spending on public pension funds is not taking resources away from spending on public education, according to new research.
Milwaukee City Employes' Retirement System is doing an asset-liability study, and its consultant is expected to present six potential allocations.
Swiss Federal Pension Fund PUBLICA posted a -9.6% net investment return in 2022, driven by negative returns of bonds and equities.
S&P raised its rating on New Jersey's general obligation bonds to A from A-, making it the third firm this month to issue a one-notch increase.
Investment Management Corp. of Ontario delivered a weighted average net return of its clients' portfolios of -8.1% for 2022.
A Dutch pension federation warned that the latest European proposal on central clearing of derivatives could lead to lower investment returns.
Brad Johnson was hired as head of private credit for the New Jersey Division of Investment.
While many state and local governments see full funding as the key to the fiscal sustainability of their pension funds, a new brief suggests an alternative path.
Fitch Ratings raised its rating on New Jersey's general obligations bonds to A+ from A, the second ratings upgrade for the state in less than a week.
The aggregate surplus of U.K. defined benefit funds covered by the PPF 7800 index declined 5.8% in March.
