Australia’s Pension Fund Sector Has Leap Frogged Canada
Australia’s Pension Fund Sector Has Leap Frogged Canada

Question by Zaza: Why is the California teachers union pension fund billion dollars in the red?
Gay Newell, I know you love your union. Would you care to explain this for us?

Caisse, partners bid to buy French engineering firm
Quebec pension fund manager, two other companies offer -billion for Spie engineering group
Read more on The Globe and Mail

Fund to replace six money managers
The NMI Retirement Fund will end its relationship with six of its money managers, retaining just three of its nine existing asset handlers.
Read more on Saipan Tribune

San Francisco Pension Reform Proposal Takes Shape
San Francisco Mayor Ed Lee said city workers will be the hardest hit if his pension reform plan is approved.
Read more on CBS San Francisco

CIG Pannónia to cooperate with pension fund
The pension fund will continue to remain in members’ ownership, but two companies will be established to handle asset management and fund services, respectively, and CIG will by stakes in these companies, said the fund’s CEO Csaba Gaál.
Read more on Budapest Business Journal

The End of Finance: Capital Market Inflation, Financial Derivatives and Pension Fund Capitalism (Routledge Frontiers of Political Economy)

Calif. pension fund says reforms would cost more
SACRAMENTO, Calif. (AP) — California’s second-largest public pension fund is firing back at a report by a state auditing agency that called for sweeping reforms, saying some of the proposals would invite lawsuits or drive costs even higher. The California State Teachers’ Retirement System laid out its criticisms [...]