PFRDA

Pension Fund Managers News

VORDERBRUEGGEN: Top brass at hospital district come under scrutinySunday, July 17, 2011 @ 12:40AMPending release of hospital sustainability study fuels debate over Contra Costa Health Services Director Bill Walker's retirement deal and a contract for the agency's financial management team that has endured 22 years.

Benefits cuts loom at City Hall; Redding council set to OK contractSaturday, July 16, 2011 @ 1:56AMRedding City Hall department heads, managers and other white-collar workers likely will follow police in making major concessions on retiree benefits.

Otay water board gives managers lifetime health careSaturday, July 16, 2011 @ 12:08AMThe Otay Water District voted Friday to extend lifetime retiree health benefits to district managers and their spouses, and could do the same for a larger group of employees in a month.

Stephen Foley: Everything changes in global financial markets if there's a credit-rating cutFriday, July 15, 2011 @ 6:12PMUS Outlook: Less than three years after the collapse of Lehman Brothers, a second financial crisis is now more likely than not. Against the backdrop of calm equity markets and a positively sanguine bond market, I know this makes me sound like Chicken Little. But let me explain.

Debate grows over regulation of proxy advisersFriday, July 15, 2011 @ 5:06PM— As criticism mounted of Research In Motion’s two-headed management structure, one of the loudest voices wasn’t that of an angry shareholder or disgruntled ex-board member.

'Time in the mkt, not timing the mkt, helps'Friday, July 15, 2011 @ 3:11PMAshu Suyash, MD & Country Head – India, Fidelity International

Pension funds look to spread riskFriday, July 15, 2011 @ 10:47AMJapanese corporate pension funds, with about ¥60 trillion in assets, may triple their allocations to alternative assets as they seek to reduce risks and boost returns, according to Credit Suisse Group AG. Typically, 2 to 5 percent of pension fund assets are in alternative investments including hedge funds, private equity and real estate, and this may grow to about 10 to 15 percent over the next ...

What now for EU sovereign debt?Friday, July 15, 2011 @ 3:58AMAs Greek default widens to Spanish and Italian contagion, what now for EU sovereign debt? Can the issue be kicked further down the road? I would say, no.

East Africa: Regional Bloc Roots for Pension Benefits Transfer PlanFriday, July 15, 2011 @ 12:59AMRetirement scheme managers in East Africa have come under renewed pressure to allow cross-border transfer of workers' benefits to encourage region-wide job hunting as member states allign national laws with the EAC treaty to create a single market.