The Evolution of Canadian Pensions?
OPTrust put out a press release, World Bank report shines spotlight on Canadian pension model:Canadian public pension funds and pension plans are regarded as among the best in the world, but they...
View ArticleOTPP's Barbara Zvan on Managing Risk?
This morning I had a chance to speak with Barbara Zvan, Ontario Teachers' Chief Risk & Strategy Officer. You’ll recall I spoke with Barb last month when I covered Canada's new pension hub, but I...
View ArticleThe Silence of the Bears?
Sven Henrich of the Northman Trader posted a market comment earlier this week, The Silence of the Bears (click on images to enlarge; added emphasis is mine):The silence of the bears is deafening. And...
View ArticleTime To Dismantle US Public Pensions?
Rebecca Moore of Plan Sponsor reports, Public Pensions Have Been Able to Pay Promised Benefits:Some policymakers want to close participation in a public pension plan to all new hires, cut benefits and...
View ArticleNorth Carolina's Pension Woes?
Chris Butera of Chief Investment Officer reports, More Trials Ahead for North Carolina Pension Fund:Despite State Treasurer Dale Folwell’s agency slashing millions in outside management fees, North...
View ArticleThe Grand Cayman Pension Scam?
David Sirota and Lydia O'Neal of The International Business Times report, Paradise Papers: Your Retirement Cash May Be In The Caymans. Can You Get It Back?:The release of the so-called “Paradise...
View ArticleWorkers and Retirees Over Bondholders?
The National Union of Public and General Employees (NUPGE), one of Canada's largest labour organizations with over 370,000 members, put out a press release recently, NDP private member's bill shows...
View ArticleA December Surprise?
Alexandra Gibbs and Fred Imbert of CNBC report, Stocks fall on report that Michael Flynn was directed by Trump to talk to Russians:Stocks fell Friday on a report that Michael Flynn was directed by...
View ArticlePensions' Brave New World?
Chen Zhao, Chief Global Strategist at Alpine Macro sent me their latest weekly comment, Asset Allocation In "A Brave New World":This week, my colleagues at Alpine Macro and I sat down with a mutual...
View ArticleSEC Probes Inflated Hedge Fund Returns?
Matt Robinson of Bloomberg reports, SEC Probes If Banks Helped Hedge Funds Inflate Returns:Wall Street banks are known to fiercely compete for hedge-fund clients because of the lucrative trading...
View ArticleThe UK's Pension Disaster?
Katie Morley of the Telegraph reports, UK state pensions ranked the worst in the developed world:The British state pension is now worst in the developed world as it has fallen below Mexico and Chile,...
View ArticleMr. Index Worried About US Pensions?
Lisa Abramowicz of Bloomberg reports, Jack Bogle Is Worried About U.S. Pensions:Jack Bogle isn’t optimistic about the state of U.S. pensions over the next decade.The founder of Vanguard Group thinks a...
View ArticleBest of All Worlds For Stocks?
Patti Domm of CNBC reports, Strong November jobs report shows solid economy and best of all worlds for stocks:November's solid jobs gain and modest wage growth shows a strong economy with still low...
View ArticleBitcoin's Big Bang?
Rob Urban, Camila Russo and Yuji Nakamura of Bloomberg report, Two trading halts, 26% gain: Bitcoin hits Wall Street with a bang:Bitcoin has landed on Wall Street with a bang.Futures on the world’s...
View ArticleCanada's Large Pension Pollutters?
HuffPost Canada reports, Canada Pension Plan Undermines Feds By Investing In Coal:Canada's national pension fund manager is among a group of Canadian companies that are undermining the federal...
View ArticleAre ESG Investments Hurting CalPERS?
Rob Nikolewski of the San Diego Union-Tribune reports, Report says CalPERS investments too focused on environmental and social activism:A pro-business group released a report last week, saying the...
View ArticleFees Rise for Underfunded Pensions?
Katherine Chiglinsky and Brandon Kochkodin of Bloomberg report, Fees Rise for Underfunded Pensions:The largest pension plans held by S&P 500 companies face a $348 billion funding gap. As a result,...
View ArticleIs The Rally Near an End?
Jeff Cox of CNBC reports, Surge in investor cash to stocks triggers fear that rally is near an end:A year during which the market exceeded all expectations ends not with investors backing off but...
View ArticleMetLife's Missing Pension Payments?
Reuters reports, Massachusetts regulator opens pension probe against MetLife:The top securities regulator in Massachusetts on Monday said he has opened an investigation of MetLife Inc after the insurer...
View ArticleCanada's Offshore Pension Scandal?
Zach Dubinsky and Valérie Ouellet of CBC News report, Millions of Canadians have pension money offshore — without knowing it:Palm-fringed islands, balmy weather, luxury yachts moored in azure waters —...
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