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
CalSTRS CIO sees slower growth in pension fund’s private debt assets
https://www.bloomberg.com/news/articles/2023-12-21/calstrs-cio-says-growth-of-system-s-private-debt-assets-to-slow
California pension names retirement administrator
https://www.fin-news.com/2023/12/20/calif-pension-names-new-retirement-administrator/
California pension adds private markets commitments
https://www.fin-news.com/2023/12/19/calif-pension-adds-private-markets-commitments/
NATIONAL NEWS
Midwest pension plan tweaks A/A; hires associate investment officer
https://www.fin-news.com/2023/12/21/midwest-pension-plan-tweaks-a-a-hires-associate-investment-officer/
NYC pension systems put $105B toward climate solutions
https://www.pionline.com/esg/nyc-pension-system-puts-105-billion-toward-climate-solutions
US pension funds invest billions in China despite security fears
https://www.ndtv.com/world-news/us-pension-funds-invest-billions-in-china-despite-security-fears-report-4716729
Top US retirement funds trigger national security fears after sinking $68B into China market over last 3 years
https://nypost.com/2023/12/20/news/investing-in-china-pension-funds-top-schools-have-billions-in-beijing/