Pensions & Investments

Public pension plans see funding boost to 83%. Yet most systems still ‘fragile’ or ‘distressed,’ says Equable

The aggregate funding ratio for U.S. state and local retirement systems are projected to improve to 83.1% by the end of 2025, up from 78.1%.
Pensions & Investments

Los Angeles Fire & Police returns 11.3% for fiscal year, below benchmark

Los Angeles Fire & Police Pensions reported a net 11.3% return for the fiscal year ended June 30, below its 12.7% benchmark.
Pensions & Investments

Blue Owl hires Greg Porteous to head defined contribution retirement efforts

Greg Porteous has been named managing director and head of defined contribution retirement solutions at Blue Owl Capital.
Pensions & Investments

S&P 500 produces solid third-quarter return, led by tech and communication services

The S&P 500 generated an 8.1% third-quarter return, with the IT, communication services, and consumer discretionary sectors leading the way.