And The Oscar Goes To?
John Loyd of Reuters opines, Greece blinked in loan battle, Putin’s gaze remains steely:The European Union is now a thing of shreds and patches.Its policies and projects are being shredded, and it...
View ArticleIs Farmland a Good Fit For Pensions?
Michel Leduc, senior managing director of public affairs at CPPIB, wrote a comment for the Leader-Post, Saskatchewan farmland a good fit for CPP (h/t, Pension360):A little more than a year ago the...
View ArticleOverhauling New Jersey's Pensions?
Josh Dawsey of the Wall Street Journal reports, Gov. Chris Christie Panel Proposes Overhaul of New Jersey’s Pension System:Gov. Chris Christie’s committee to study New Jersey’s troubled pension system...
View ArticleCaisse Gains 12% in 2014
Ross Marowits of the Canadian Press reports, Caisse de dépôt sees softer stock market ahead after generating 12% return in 2014:The years-long bull run on equity markets that helped the Caisse de dépôt...
View ArticlePrivate Equity Discovers Warren Buffett?
Simon Clark of the Wall Street Journal's MarketWatch reports, Blackstone wants to invest like Warren Buffett:Blackstone Group is talking to its biggest investors to create a “coalition of the willing”...
View ArticleFully Funded HOOPP Surges 17.7% in 2014
The Canadian Press reports, HOOPP reports 17.71% return in 2014, drives net asset to $60.8 billion:The pension fund that invest on behalf of health-care workers in Ontario reported a 17.71 per cent...
View ArticleOMERS Gains 10% in 2014
Janet McFarland of the Globe and Mail reports, OMERS earns 10% return in 2014, reduces funding shortfall:The pension plan for Ontario municipal employees earned a 10-per-cent investment return in 2014...
View ArticleCaisse Chunnels Into Europe?
Barbara Shecter of the National Post reports, Quebec’s Caisse bites off a big piece of the Chunnel, snapping up a 30% stake in Eurostar International Ltd:Canadian pensions are continuing to snap up...
View ArticleFocusing Capital on the Long Term?
David Benoit of the Wall Street Journal's MoneyBeat reports, BlackRock’s Fink, McKinsey Lead Group Fighting Wall Street Myopia: A group of executives and investors sought the answer to the “scourge” of...
View ArticleAmerica's Attack on Public Pensions?
Tim Reid of Reuters reports, California pension reform measure to target Calpers:A ballot measure campaign to cut California's public pensions will be launched in May by a coalition of politicians and...
View ArticleUnwinding the Mother of All Carry Trades?
Over the weekend, Mike Whitney wrote an interesting comment for Counterpunch, Why a Stronger Dollar will Lead to Deflation, Recession and Crisis:“There are no nations…. no peoples…. no Russians.. no...
View ArticleHow Scary Is the Bond Market?
Nobel laureate Robert Shiller, Professor of Economics at Yale University and the co-creator of the Case-Shiller Index of US house prices, wrote a comment for Project Syndicate, How Scary Is the Bond...
View ArticleWhen Doves Cry?
Charlie Bilello is the Director of Research at Pension Partners, LLC, an investment adviser that manages mutual funds and separate accounts, wrote a comment, Dreaming of Doves: The Disconnect Between...
View ArticleWill Japan's Pensions Save Abenomics?
Eleanor Warnock of the Wall Street Journal reports,Japan Pension Funds Announce Portfolio Shift:Three Japanese public pensions said Friday that they plan to shift more money into equities from domestic...
View ArticleThe Big Fat Greek Squeeze?
Marcus Bensasson and Nikos Chrysoloras of Bloomberg report, Empty Greek Coffers Bring ‘Accident’ Threat Closer: With Greece’s coffers emptying and payments looming, Prime Minister Alexis Tsipras’s...
View ArticleThe UK Pension Raid?
Katie Morley of the Telegraph reports, Another pension raid: the scenarios of who will have to pay:In the three years since 2012 the Government has virtually halved the sum people can save into...
View ArticleThe Great 401(k) Experiment Has Failed?
Kelley Holland of NBC News reports, Retirement Crisis: The Great 401(k) Experiment Has Failed for Many Americans:You need to know this number: $18,433. That's the median amount in a 401(k) savings...
View ArticleGreece's Lose-Lose Game?
Tom Beardsworth and Francine Lacqua of Bloomberg report, Soros Says Greece Now Lose-Lose Game After Being Mishandled:The chances of Greece leaving the euro area are now 50-50 and the country could go...
View ArticleAmerica's Pensions in Peril?
John W. Schoen of CNBC reports, Funding shortfalls put pensions in peril:These days, a pension just isn't what it used to be.For generations, a defined benefit pension—a fixed monthly check for...
View ArticleA Buyback or Biotech Bubble?
Steven Davidoff Solomon, professor of law at the University of California, Berkeley, wrote a comment for the New York Times, General Motors’ Stock Buyback Follows a Worrying Trend:General Motors'...
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