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CalSTRS Posts 8.4% Gain in Fiscal 2024

Pension Pulse

Arleen Jacobius of Pensions & investments also reports CalSTRS beats its benchmark with 8.4% billion, West Sacramento-based pension fund reported. and the pension fund's 7% assumed rate of return. CalSTRS funded status was 75.9% The CalSTRS funded status was 75.9% to 75.9%) since 2017.

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Is CPP Investments Fueling Canada's Wildfires?

Pension Pulse

Patrick DeRochie, senior manager of Shift Action for Pension Wealth and Planet Health , wrote an op-ed for the Globe and Mail, stating Canada is burning, so why is our national pension fund still heavily into fossil fuels?: Repeat after me: Keep your goddamn political views out of our national pension fund.

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Calling Code Red on Chicago's Disastrous Public Pensions

Pension Pulse

Among the wealth of tables is a list of the best and worst-funded of the 58 local pension plans studied, and, yes, you guessed it, the bottom five spots are Chicago plans, with the bottom three at levels far below all others: Municipal employees, 21% funded, Chicago police, 21.8% funded, and Chicago fire, 18.8%

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On IMCO's Focused Approach to Investing Outside Canada

Pension Pulse

The US withdrew from the TransPacific Partnership in 2017. For example, the federal government recently announced it would stop issuing real return bonds – an important liability matching asset for many defined benefit pensions in Canada. Many Canadian pension must now consider non-Canadian alternatives, such as US TIPS.

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Are Insurance Companies Safe?

Tucker Advisors

As an added protection for policyholders, a failing insurance company cannot access federal bankruptcy laws to escape liability for its debts. Below are 10 stories that present a trend of corporations transferring the liabilities of their pension plans into the safety of indexed annuities with insurance companies.

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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

A number of significant whole portfolio institutional mandates funded in the quarter, and we continue to be chosen for large global solutions. Last month, we were selected as a fiduciary manager for a $30 billion Dutch pension fund with more than 30,000 members. The Motley Fool has no position in any of the stocks mentioned.

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Ivanhoé Cambridge’s Real Estate Binge Heading Towards a Reckoning?

Pension Pulse

Over the last decade, the real estate arm of Quebec’s $300 billion pension fund tore through U.S. During that decade, the investor also scooped up Goldman Sachs’ former headquarters at 85 Broad Street in the Financial District, which the company bought for $650 million in 2017. The Caisse pension fund reported a -6.2