Oct 22, 2014 – After deciding to terminate large-cap value manager Neuberger Berman due to fees, the New Haven City Employees Retirement Fund (CERF) Board of Trustees may be approaching a final decision on the firm’s replacement.
Oct 22, 2014 – The Contra Costa County Employees’ Retirement Association (CCCERA) reviewed an investment recommendation at its Board meeting Tuesday regarding an Invesco Real Estate managed fund.
Oct 22, 2014 – Chicago's general obligation bond ratings will remain pressured until the city fully fixes its pension mess, top city finance officials told aldermen this week.
Oct 22, 2014 – Chicago City Treasurer Stephanie Neely, a former public finance banker, is stepping down from the elected post to return to the private sector.
Oct 21, 2014 – Following questioning from trustees at the Education Employees’ Supplementary Retirement System of Fairfax County (ERFC), investment consultant NEPC has recommended that its institutional clients keep the Newport Beach, Calif.-based firm on “client review” status.
Oct 21, 2014 – Evanston Capital Management (ECM), an alternative investment management firm, has hired Lance Donenberg as principal and head of strategic business development.
Oct 21, 2014 – The City of San Jose Police and Fire Retirement System has made revisions to its asset allocation targets, resulting in a reduction to absolute return investments.
Oct 20, 2014 – The Arizona Public Safety Personnel Retirement System (PSPRS) is accepting applications from prospective administrators.
Oct 20, 2014 – Thanks to a heightened interest in diversified inflation strategies, the Kansas City Police Employees’ Retirement System (KCPERS) Board of Trustees decided last week to hire Fidelity Investments’ Strategic Real Return Fund.
Oct 17, 2014 – The $795 million Fort Lauderdale Police & Fire Retirement System Board of Trustees has removed PIMCO and Lee Munder from its manager roster.
Oct 17, 2014 – State and local officials who traditionally believed they are safe from Securities and Exchange Commission enforcement action if they avoided exchanges of services from muni market participants for favors should think again in the face of increased SEC focus on anti-corruption efforts, former commission lawyer Peter Chan said.
Oct 16, 2014 – John Lane, the CIO of the Ohio Public Employees’ Retirement System (OPERS), has resigned from his post at the $88.6 billion plan to join The Ohio State University.
Oct 16, 2014 – The $7.6 billion Sacramento County Employees’ Retirement System (SCERS) may explore investments in debt backed by real assets, according to documents published by the pension plan.
Oct 16, 2014 – The Pension Protection Act of 2006 will sunset at the end of the year, which has many stakeholders and consultants predicting future retirement uncertainty for the more than 10 million participants in multiemployer plans across the nation.
Oct 16, 2014 – The solution to Chicago’s police and fire pension problems does not lie in Mayor Rahm Emanuel’s newest budget.