Here is a weekly round-up of news and opinion on the pension issue. Stay informed on this important issue and pass these on to neighbors and colleagues.
CALIFORNIA NEWS
CalPERS next CIO: 55 applications so far and counting
https://www.top1000funds.com/2023/11/calpers-next-cio-55-applications-so-far-and-counting/
America’s largest pension fund is buying these 2 megacap growth stocks
https://www.fool.com/investing/2023/11/20/largest-pension-fund-buying-megacap-stocks/
NATIONAL NEWS
US pension fund’s exit may shake Hong Kong markets
https://asiatimes.com/2023/11/us-pension-funds-exit-may-shake-hong-kong-markets/
NYC Comptroller Brad Lander and pension trustees announce critical changes to and expansion of emerging manager program
https://comptroller.nyc.gov/newsroom/new-york-city-comptroller-brad-lander-and-pension-trustees-announce-critical-changes-to-and-expansion-of-emerging-manager-program/
Illinoisans burdened with $207B in official state and local pension debts, $41,000 per household
https://wirepoints.org/illinoisans-burdened-with-207-billion-in-official-state-local-pension-debts-41000-per-household-wirepoints/
Texas Pension slates RE consultant search
https://www.fin-news.com/2023/11/29/texas-pension-slates-re-consultant-search/
Missouri has no business investing its public pension money in China | Opinion
https://www.kansascity.com/opinion/readers-opinion/guest-commentary/article282408083.html
JP Morgan Retirement Plan sued for restoration of future pension payments
https://www.plansponsor.com/jp-morgan-retirement-plan-sued-for-restoration-of-future-pension-payments/