Sentences with phrase «pension fund returns»

Pension fund returns fell below the interest rate on New Jersey's bonds, and the state, faced with budget deficits, stopped making the annual contributions required to keep pace with rising costs.

The # 54 billion deficit means that pension fund returns are not matching promises made to scheme members.

In GMOs most recent letter, Jeremy Grantham leads off the piece with, «At GMO these days we argue over three very different pathways to a similar dismal 20 - year outlook for pension fund returns... A problem for investors following GMO's writing is which of these three alternatives to choose»

An article from a few days ago in the San Diego Union Tribune made a similar point: that falling pension fund return estimates are not a cause for concern, because pension funds have shown in their actual performances that they are handily beating those estimates.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

significant changes in discount rates, rates of return on pension assets, mortality tables and other factors could adversely affect our earnings and equity and increase our pension funding requirements;

In his current role as President and Chief Strategist of Optimize Advisors, Mike uses pioneering and proprietary artificial intelligence technology to advise hedge funds, banks, pensions, mutual funds, insurance companies, and family offices in the effective use of listed options for enhancing returns and managing risk.

More pension funds are allocating to private equity and infrastructure, which as subjectively valued investments make it harder to know whether projected returns are overinflated and that the fund is truly performing as claimed.

If rules allowed, Fink added, the guy's pension fund should sell all of its bonds «and go 100 % equities» because that's where tomorrow's returns will be made.

We believe fundamentally that investors — and most of our investors are long - term, sophisticated institutions, so pension funds, sovereign wealth funds, central banks — what they're looking for from their investors is somebody who's actually going to be able to beat their benchmarks and add excess return for them.

Mathews thinks the slow - and - steady returns from the mountain operations might attract interest from major pension funds.

Wall Street optimists and many pension fund managers believe that past is prologue and that equities will continue to deliver those historical returns.

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.

Resnick noted that Oregon's public employee pension fund lowered its assumed rate of return this summer from 7.75 percent to 7.5 percent.

He noted that «about two - thirds of the public pension funds that we follow have reduced their return assumptions since 2008, some more than once.»

The target cuts, in turn, can lead to increased contributions from employees and their employers to fund the pension systems as their reliance on investment returns decreases.

Retirees are facing problems very similar to the average pension fund: In addition to not having enough cash contributions to keep up with the costs of aging, their returns have been hurt by interest rates that have been too low for too long.

As a result, pension funds have had to go out on the risk curve, taking more risk to glean more return by investing, in part, in assets that are not as liquid as stocks or bonds.

The Massachusetts Pension Reserves Investment Trust Fund earned the top rate of return from its PE portfolio with 15.4 percent annualized returns over 10 years.

There is no doubt that private equity returns are essential to improving the pension funding equation.»

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.

These benefits would (i) largely go to developers and contractors for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to reach the tax - free pension funds, sovereign wealth funds and international investors who are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv) by offering credits at an unprecedented 82 percent rate, invite all kinds of tax shelter abuse.

«Pension funds are dreaming about a bubble that isn't going to return,» he said.

The move by OMERS to consider offloading Teranet suggests that the pension fund believes it may be time to sell and take the returns when the market might be close to the top.

He said pension funds are unrealistic in targeting 8 % returns.

When I said that the cult of equity was dying, what I meant was that those investors and those liabilities structures such as pension funds and insurance companies that have depended on a 6.5 % constant real return from stocks such as we've have had over the past century are bound to be disappointed.

In the quest to compensate for low fixed income returns, pension funds have plowed money into stocks, private equity funds and illiquid and very risky investments, like subprime auto loan securities and commercial real estate.

These benefits would (i) largely go to developers and contractors for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to reach the tax - free pension funds, sovereign wealth funds and international investors that are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv) by offering credits at an unprecedented 82 per cent rate, invite all kinds of tax - shelter abuse.

The idea is for Wall Street to sell all these bad debts to pension funds and say you'll make a high rate of return, and then you'll be left holding the bag when it all collapses.

Pension funds have notoriously over-marked their illiquid risky investments and understated their projected actuarial investment returns in order to hide the degree to which they are under - funded.

Every pension fund he studied is a monthly net seller of assets in order to fund beneficiary payouts — i.e. the cash contributions from current payees into the fund plus investment returns on capital is not enough to fund current beneficiary payouts.

Of course, this argument also has broader implications for projected returns from pension plans, endowment funds, retirement savings, etc..

Although pension funds or bank deposits, as less risky investments, would have been better options to equities, they yield lower returns on investment.

Borrowing rates will rise for governments, home buyers and other long - term borrowers, while savers will see more returns on conservative holdings such as savings accounts and it should become easier to fund pension savings.

Pension fund managers invest in assets like stocks, bonds and real estate in hopes of generating a safe return.

Public pensions are allowed to fund on the basis that their assets magically return their expected assumption.

Other Canadian pension funds have also been actively seeking real estate investments of late as a way to generate predictable returns amid a low interest rate market.

Meanwhile, Bloomberg reports that pension funds, squeezed for sources of safe return, have been abandoning their investment grade policies to invest in higher yielding junk bonds.

In San Jose, California, the city wanted to lower the unrealistic 7.5 % return from the public pension fund there.

If we look at the past, the National Association of State Retirement Administrators has stated that, over the last 10 years, the return for public pension funds has been 5.7 %.

Those increases have drawn the notice of institutional investors, such as pension funds and insurance companies, which have turned to real estate as low interest rates have reduced returns from other steady investments, such as bonds.

The proposal is to reduce the return of the public pension fund from eight percent to seven percent.

A big drop in returns would be particularly vexing for pension funds, which are counting on private equity, hedge funds and other so - called alternative investments to help them meet their mounting liabilities.

One municipal police pension fund in Illinois found itself disappointed with the return of its 5 - star fund.

The mantra has been that pension funds starved for guaranteed rate of return would be a natural buyer.

Moody's has long critiqued the use of overly ambitious investment return targets that allow funds to understate their true pension shortfalls.

So how do conservative investors and pension funds, who require an average of 8 per cent return to remain viable, balance their portfolio without adding more risk?

Japan's Government Pension Investment Fund earned a 5.9 percent return for the one - year period ended March 31, Bloomberg reported.

Brought together as part of the Farm Animal Investment Risk & Return (FAIRR) initiative, they include the fund arms of insurer Aviva and Norwegian lender Nordea, asset management groups Boston Common and Impax, several Swedish state pension funds and several other charities and ethical investors.

After paying # 5,400 for my 2 tickets and watching us achieve nothing, I finally had enough of paying towards Arsene Wenger's pension fund, so I gave them up, vowing only to return when he had gone.