Sentences with phrase «state pension assets»

Not exact matches

Over the past few years, public pensions including California Public Employee's Retirement System (CalPERs) and California State Teacher's Retirement System (Calstrs)-- the largest in the country by assets — have posting mediocre returns due to low interest rates and growing retirement obligations.

To try to close the gap, many states have shifted pension fund assets into stocks and alternative investments like hedge funds.

As such, State pensions have dramatically ramped up their risk profile and most now invest at least 40 - 50 % of their assets in stocks.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

Lapidus has arranged joint venture transactions with some of the most respected names in the industry including Prudential Real Estate Investors, The Florida State Board of Administration, Carlyle Realty Partners, General Electric Pension Trust, Principal Real Estate Advisors, JP Morgan Asset Management, Beacon Capital Partners, Morgan Stanley, Lehman Brothers, Zurich Insurance, Investcorp, RREEF, Blackrock, GreenOak, Tokyu Land Corporation and Columbia Property Trust.

Currently, Mr. Lieberman is representing several UK and EU pension funds and asset managers in individual actions against BP plc in the United States District Court for the Southern District of Texas.

A 2015 survey of state and local pension funds found that the lowest combined exposure to these asset classes was 61 % for the Missouri State Employees Retirement Systate and local pension funds found that the lowest combined exposure to these asset classes was 61 % for the Missouri State Employees Retirement SyState Employees Retirement System.

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.

Case in point: New York state, where Comptroller Thomas DiNapoli announced last week that the $ 178 billion state and local pension fund ended its fiscal year March 31 with a minuscule return on assets of 0.19 percent, well short of its 7 percent long - term target.

His background in public pensions would be an asset as the state's chief fiscal officer.

Among those myths is the notion — oft - repeated by DiNapoli — that public - pension funds are «long - term investors» that can stick with their assumptions through thick and thin, riding out the kind of market volatility that saw the state funds» return on assets veer from a 26 percent loss in 2009 to a 26 percent gain in 2010.

It would change the state constitution — which treats public pensions like contracts that can't be impaired — to allow a judge to demand that a «public official» who is «convicted of a felony related to public office» forfeit his or her pension like any other asset.

A recent survey of 97 sovereign investors — which include sovereign wealth funds, state pension funds, central banks and government ministries collectively holding # 9 trillion of assets - by Invesco found they see the UK as a less attractive destination for investment.

NYCERS is the largest municipal pension system in the United States with $ 53 billion in assets.

Gov. Andrew Cuomo is proposing that the massive state Common Retirement Fund stop new investments of pension assets in companies connected to fossil fuels.

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.

In 2014, the New York State pension fund, which has about $ 178.6 billion in assets, needed someone to run a $ 50 billion bond portfolio, and turned to Korn Ferry to help it fill the position.

«Stevenson argues that identifying his pension plan contributions as a substitute asset and permitting seizure by the Government was [in] error as those contributions are protected by... the New York State Constitution,» said the three - judge panel.

The state's chief fiscal watchdog, DiNapoli is the sole trustee of the Common Retirement Fund — the third largest public pension system in the nation, and holder of more than $ 200 billion in assets.

ALBANY — Gov. Andrew M. Cuomo is proposing that the massive state Common Retirement Fund stop new investments of pension assets in companies connected to fossil fuels.

«Stevenson argues that identifying his pension plan contributions as a substitute asset and permitting seizure by the Government was error as those contributions are protected by... the New York State Constitution,» said the three - judge panel.

Instead, the state allowed Pittsburgh to employ a fiscal gimmick by pledging future parking meter revenues to the pension system but counting the value of those future revenues as if they were current assets in the system.

Thomas Idzorek, CFA, chief investment officer — Retirement at Morningstar Investment Management LLC in Chicago, and lead author of the paper, tells PLANADVISER, «Our managed account engine will consider age, plan account balance, salary, contribution, state of residence — different states have different tax rates — employer tiered match, employer contribution, plan loans, brokerage account holdings, retirement age, gender and pension as well as other outside assets to determine the recommended allocation to equities for each participant.»

How many states have their budgets balanced on an accrual basis, taking into account the need to spread out the cost of infrastructure projects, and pensions funded assuming a realistic 5 % earnings assumption on assets, together with fully funded accrual accounts?

He lists several state pension funds and the percentage of assets they index.

The report identifies asset managers and several states» public pension systems as institutions that have all taken action regarding gun manufacturer investments.

The resolution, backed by investors including Co-operative Asset Management of the UK, and Calpers and Calstrs, the California state pension funds, is on the face of it quite uncontroversial.

Among them, about $ 3 trillion in global investments — including enormous funds like the California state pension fund — could find themselves busted by «stranded assets,» as the fuel reserves that energy companies calculate into their net worth would need to stay unused to avert the worst of climate change.

When state, federal, military and other pensions are a significant part of the assets, contentious issues may arise in the split of marital property.

Federal law authorizes each individual state to treat military pensions as marital assets and it further authorizes each state to divide military pensions in accordance with each state's laws regarding the division of marital assets, so long as the rules and limitations imposed by federal law are complied with.

Finally, it would appear that the Treasury is understanding that pensions are typically people's most important asset and should not be seen as «low hanging fruit» to be plundered by the State.»

LISA hosts events to educate institutional investors — state and municipal pension fund managers, among others — that securitized life settlements are safe, non-correlating assets that should be included in a well - diversified portfolio allocation.

Note that you can have savings or assets of up to $ 20,000 and earnings of up to $ 200 per week from employment and still qualify for a full State Pension (Non-Contributory).

The Riverway assets include three office buildings at 9377 and 9399 W. Higgins Rd. and 6133 N. River Rd.. The largest tenant is the Central States union health insurance and pension funds, with 211,000 square feet of space, according to real estate research firm CoStar Group.

The Westfield Group's sale of a 45 percent stake in its U.S. malls to Canada Pension Plan Investment Board (CPPIB) showcases once again institutional investors» appetite for core retail assets in the United States.