The latest
Uncategorised posts

The Caisse, Future Fund into infrastructure

Two of the world’s biggest institutional investors have recently made significant forays into Australian infrastructure, seeing opportunities in the country across a wide array of assets. Canada’s second largest pool of pension assets, la Caisse de dépôt et placement du Québec (the Caisse), has made a $139.2-million investment in five projects. Macky Tall, the fund’s […]
SAM RILEYAugust 29, 2012
Uncategorised posts

Cal pension reforms set to pass

Governor of California, Edmund G Brown Jr, has announced proposed legislation that outlines sweeping reforms to the state’s pension system, but appears to have stepped back from a proposal to create a hybrid pension plan. The hybrid defined-contribution/defined-benefit plan was proposed last year when Brown launched a 12-point reform package. It was widely opposed by […]
SAM RILEYAugust 29, 2012
Uncategorised posts

DB plans continue to slide

The funded status of US defined-benefit corporate-pension plans continued to worsen last year, despite plan sponsors increasing contributions by $70 billion, a new Mercer study reveals. Mercer found funding levels have slipped to 2009 levels, with the outlook for 2012 likely to extend the bleak news for plan sponsors. The funded status of pension plans […]
SAM RILEYAugust 29, 2012
Uncategorised posts

Super standard risk measure

Australian superannuation funds are now required to disclose a measurement of risk to fund members, with trustees encouraged to use a standardised measurement backed by regulators and industry peak bodies. The Standard Risk Measure will provide a rating of a fund’s investment option based on the likely number of negative returns this option is predicted […]
SAM RILEYAugust 29, 2012
Uncategorised posts

CalSTRS puts small caps under microscope

Encouraging the widespread corporate adoption of a majority-voting standard, promoting diversity on boards and collaborating to improve the way funds report environmental performance are just some of the focuses of the CalSTRS corporate governance team. Anne Sheehan, CalSTRS’ director of corporate governance, talked exclusively with top1000funds.com about what the key issues are for the self-described […]
SAM RILEYAugust 22, 2012
Uncategorised posts

Mercer to review pay at Florida’s SBA

Florida’s State Board of Administration (SBA) has appointed Mercer to conduct a broad-ranging review of staff compensation that was initiated and will be overseen by the organisation’s independent investment advisory council. As part of this review, the investment advisory council (IAC) passed a motion at its recent quarterly meeting to provide annual recommendations to trustees […]
SAM RILEYAugust 22, 2012
<2of37>