California State University Chico cut a former professor’s pension after determining he rarely worked for 10 years, but failed to cut the pensions of at least five other faculty members who took time off in similar circumstances, according to court records. Former professor Abdel-Moaty Fayek arrived last week after aRead More →
Abu Dhabi Investment Authority 550 0.1 United Arab Emirates 2019 Alecta 450 Sweden 2022 Awarded to: Swiss Re 1863 Fund ($250 million); SCOR’s Atlas Re sidecar ($200 million). AP2 680 1.7 Sweden 2012 Attributed to: Credit Suisse, Elementum, Fermat. Data as of: 2020 AP3 620 0.9 Sweden 2008 Invests forRead More →
Prior to the vote, Mayor Martin J. Walsh, who appoints some of the pension board members, demanded that he withdraw the money from the town of Fisher. “Ken Fisher’s statements involve not only his own judgment, but potentially that of the company as a whole,” Walsh wrote to the board.Read More →
For decades, a Dutch pension plan’s cash flowed to the place most likely to generate stable and secure returns: government bonds. Not anymore. Today, the investor behind the largest pension fund in the Netherlands is channeling retirement savings into a Belgian airport, a bicycle parking lot in Utrecht and tollRead More →