Sentences with phrase «of pension fund money»

According to the National Council of Real Estate Investment Fiduciaries (NCREIF), which tracks pension fund investments, 41.5 % of pension fund money currently is invested in the office sector, followed by industrial (19.6 %), multifamily (18.5 %), retail (17.1 %), and hotels (3.4 %).

As WCBS 880's Rich Lamb reported, the city is pouring nearly half a billion dollars of pension fund money into backing 30 - year mortgages for affordable housing.

New York's existing «basket clause» limits to 25 percent the share of pension fund money that can be invested in alternative assets.

Not exact matches

First, consider what many of the readers who flipped ahead are thinking: «The smart money — the pension funds — are into real estate, infrastructure, and private equity.

The CPPIB, one of the world's largest pension funds, invests money not needed by the Canada Pension Plan to pay benefits for some 18 million current and retired contripension funds, invests money not needed by the Canada Pension Plan to pay benefits for some 18 million current and retired contriPension Plan to pay benefits for some 18 million current and retired contributors.

Much like a pension fund that buys securities with the money that flows in from paycheque deductions, retail investors can contribute equal amounts of money at regular intervals (say, monthly) in a strategy called dollar - cost averaging.

But a growing portion of the money flowing into hedge funds is coming from pension funds, run by investors who are more interested in consistent returns than outsized ones.

Most of that money was raised from funds of funds and pension funds in the United States.

The CPPIB, one of Canada's biggest pension funds, invests money not currently needed by the Canada Pension Plan to pay bepension funds, invests money not currently needed by the Canada Pension Plan to pay bePension Plan to pay benefits.

Wiseman said all of CPPIB's investment teams made material contributions last year, producing CPPIB's largest level of annual investment income since inception, but noted the Canada Pension Plan isn't expected to need to draw money from the fund until at least 2023 and, even then, at a relatively small amount for several years.

The money will patch holes in Detroit's pension funds, prevent even deeper cuts to retirees and avert the sale of city - owned art at the world - class museum.

Before joining NHPF, he was a real estate investment professional, with over 40 years of experience managing money for pension funds and other institutional investors.

And that is a trend that keeps snowballing, thanks primarily to the activities of two groups: first, the pension funds, insurers, and other large investors that continue to accelerate their investments in growth companies; and second, the investment - world professionals, who are responding to the deluge of money by continually setting up new funds.

Trotsky said the pension has about 10 percent of its money in PE — around the national average for large public retirement funds — and has no plans to change that.

The billions of dollars managed by mutual funds, hedge funds, insurance companies, university endowments, pensions, foundations, sovereign wealth funds and the like need to find returns for their money.

Although high finance obviously has been shaped by the Industrial Revolution's legacy of corporate finance, institutional investment such as pension fund saving as part of the industrial wage contract, mutual funds, and globalization along «financialized» lines, financial managers have taken over industrial companies to create what Hyman Minsky has called «money manager capitalism.»

In addition to the Canada Pension Plan Account, there was a Canada Pension Plan Investment Fund that would take the surplus that accumulated over and above administration costs and the amount of money required to pay immediate benefits (i.e. three months» worth) and invest it in provincial and federal securities.

Since banks, mutual funds, hedge funds, pension funds, and other institutions control more than 50 % of the market's average daily volume, the direction of the stock market nearly always follows the institutional money flow.

They're the policemen, they're the firemen, they're the teachers, they're the civil servants of America today who have their money in public pension funds being managed in the U.S. equity market.

[13] «Capitalism in the United States is now in a new stage, money manager capitalism, in which the proximate owners of a vast proportion of financial instruments are mutual and pension funds.

We include corporate CEOs, the head of the Canadian public pension fund and an activist investor, and the heads of a number of institutional investors who manage money on behalf of a broad range of Americans.

The recent stock market and real estate bubbles are much like pyramid schemes in the sense that what is bidding up stock and property prices is an exponential inflow of new money from pension plans and mutual funds (for shares) and bank credit (for real estate).

As a steward of pension funds and retirement accounts, Neuberger Berman has traditionally employed a staid strategy familiar among big Wall Street money managers: Buy and hold stocks, sit back, and hope for the best.

They also threaten the viability of money market funds and make life tough for investors with nominal liabilities, such as insurers and pension funds.

In other words, people have to pay either so much debt or they have to have forced saving, like pension fund saving, that the economy is shrunk for financial reasons, for putting more and more of its money out of the real economy of goods and services into the financial sector.

And, over time, the employer's role in funding the plans would shrink: in 1989, employers contributed roughly 70 percent of the money that went into retirement plans; by 2002, employees» cash contributions outstripped company payments into retirement plans of all kinds — including traditional pensions.

Keep in mind, some of these states will get their money elsewhere — like sales or property taxes — but when you're a retiree, it's good to know how much of your retirement fund or pension you'll actually get.

Wall Street has developed a new way, clouded in obscurity, to fleece the hundreds of millions of Americans who have money invested in company pension plans, mutual funds and insurance policies.

Much in the manner of institutional pension funds, individuals can now think in terms of their retirement liability — the money they will want to pay themselves every year in retirement.

Glass Lewis customers collectively manage nearly $ 8 trillion and include more than half of the top 15 mutual fund families *, more than half of the top 15 institutional money managers * and more than half of the top 15 public pension funds.

Just some examples of the financial system in an awkward state of unease: Velocity of money has been muted, pension funds have been impaired by burdensome discount rates, insurance companies haven't been able to write business at reasonable levels and savers have been penalized.

Every pension fund under the sun in this country — because rates are so low — has monthly negative outflows of cash: beneficiaries are being paid more money than is flowing into the fund.

But with the example of the Dallas pension fund above, if the beneficiaries are allowed to withdraw all of their money, the fund will have to unload its illiquid private equity investments to meet the outflow requests.

• Asset and liability management of all insurance and financial accounts and of all money flows related to those in the pension insurance fund.

In addition, mergers and acquisitions within the financial services sector, relaxation of regulations to permit a wide range of «specialized» exchanges (including some which are set up to allow computers to trade with each other), and systems allowing big institutional investors like banks, mutual funds, pension funds and money managers to exchange shares directly have pretty much eliminated the differences between the exchanges.

* Concerning the city pension funds» adoption in 2012 of a 7 percent assumed rate of return, Bloomberg added: «If I can give you one piece of financial advice: If somebody offers you a guaranteed 7 percent on your money for the rest of your life, you take it and just make sure the guy's name is not Madoff.»

Anxious to earn their assumed returns of 7 to 8 percent a year, pension funds across the country have been pushing more money into alternatives instead of traditional stocks and bonds.

The appearance was a climax of sorts — though not the end — to an ongoing pay - to - play scandal that has enveloped the pension fund and exposed a seamy system in which gifts and campaign funds were exchanged for vast investments of public money.

«We need to stand firm against regimes like those of (Iranian President) Mahmoud Ahmadinejad, not fund them with our pension money.

The statement read in part, «The commission, which preferred 24 charges against the ex-banker before Justice Babatunde Quadri of the Federal High Court, Maitama, Abuja, accused him of transferring N78, 521, 431.61 from the Federal Government Pension funds into private accounts held by nonpensioners in contravention of Section 15 (2)(b) of the Money Laundering Act 2011.

New York City Comptroller Scott Stringer added roughly $ 270 million of police and firefighter pension money into high - priced hedge funds in May after complaining about the fees — and pulling...

Rechnitz also served as a go - between who helped connect Manhattan - based hedge fund manager Murray Huberfeld and Correction Officers» Benevolent Association President Norman Seabrook as part of a bribery scheme to steer $ 20 million in correction union pension money to Platinum Partners hedge fund.

The IIRA piggybacked on the anti-bank sentiment of the post-collapse Occupy Era, and promised implicitly to «recover» the moneys lost by large pension funds as the stock market went down.

«The Post Office has long provided the public with a face - to - face means of investing their money securely, in Government - backed pension funds and bonds.

So presumably, the less wealthy, after being told what to spend their money on by «society» for all their working years, reach pensionable age fully moulded by a paternalistic government into financially responsible citizens who will commit a significant amount of their time to research where they want to invest their pensions, and subsequently enjoy «regular updates on how their pension fund was growing» — because of course, like house prices, pension funds can only rise in value.

There were several red flags missed by the state comptroller's office in the run - up to the indictment of a money manager, Navnoor Kang, on bribery charges involving the pension fund.

They said the intent of the General Assembly is to ensure that the money is directed only into the teachers» pension fund, not into the general fund for other spending purposes.

Environmental groups expressed disappointment with DiNapoli's resolution, saying the state pension fund should pull its money out of ExxonMobil.

You scratch my back... Seabrook is accused of investing $ 20 million of union money, largely his members» pension funds, in Manhattan hedge fund Platinum Partners, for a price.

With fully two - thirds of its money invested in domestic and foreign stocks, private equity and «absolute return strategies» (i.e., hedge funds), the New York State pension fund has a risky asset allocation profile typical of its counterparts across the country — because chasing risk is its only hope of earning 7 percent a year in a market where the most secure long - term bonds yield barely 2 percent.