The board of Oregon’s Public Employees Retirement System voted unanimously Friday to reduce its long-term assumption about earnings on the pension system’s investment portfolio, a decision that will increase required contributions to the fund from public employers and reduce benefits for a number of employees who have yet to retire.
The main pension fund for New York’s state government workers and retirees warned Ben & Jerry’s parent company, Unilever, on Friday that it might restrict its investments in the company because of the ice cream maker’s decision to halt sales in Israeli-occupied territories.
Tom Golonka, Chair of the Vermont Pension Investment Commission (VPIC), announced today an investment return of 24.62% for the fiscal year ending June 30.
Many of the world’s biggest asset managers say they’re increasingly struggling with some of the rules guiding the $35 trillion market for environmental, social and governance investing.
MIM’s suite of CITs will expand investor access to its Public Fixed Income strategies and capabilities, particularly for the defined contribution market.