Not-for-profit pension plans
News and video about Not-for-profit pension plans from Pensions & Investments
Hartford HealthCare taps 6 managers in active management shift
trueHartford HealthCare, Hartford, Conn., is rebalancing about one-third of its $3 billion in pension, endowment and insurance assets to increase active management and reduce the number of external managers it uses, said David Holmgren, chief investment officer.
Society of Actuaries: Expect long-term increase to minimum required contributions
trueMinimum required contributions for private-sector defined benefit plans have dipped in recent years, but are poised to rise again in the long term, the Society of Actuaries said.
University of Reading enrolls new administrator
trueUniversity of Reading Employees' Pension Fund appointed Barnett Waddingham to provide administration services.
University of California student group calls for divestment of U.S., 8 other countries' securities
trueUniversity of California Student Association board on Sunday called for the school's board of regents to divest its endowment and other funds of securities of the United States government, according to the student group.
United Methodist manager launches passive ESG equity fund with BlackRock
trueWespath Investment Management launched a new passively managed ESG U.S. equity index fund, managed by BlackRock and benchmarked to the Russell 3000 index, the investments division of the Glenview, Ill.-based $21 billion General Board of Pension and Health Benefits of The United Methodist Church ...
United Methodist board issues investment guidelines on climate change, human rights violations
trueGeneral Board of Pension and Health Benefits of the United Methodist Church and the Wespath Investment Management division of the $21 billion pension fund announced on Thursday two new investment guidelines regarding climate change and countries involved with human rights violations.
CERN Pension Fund taps interim CEO as former head joins Lombard Odier
trueThierry Lagrange was appointed interim CEO at the European Organization for Nuclear Research Pension Fund, Geneva.
Advocate church plan appeal advances
trueAdvocate Health Care can proceed to the appeals court level to defend itself in a church pension plan challenge, a federal judge said.
Judge rejects motion to dismiss in Advocate church plan case
trueA church plan challenge filed against Advocate Health Care Network Pension Plan can proceed, a federal judge ruled Dec. 31.
Church of England grows U.K. forestland portfolio with £49 million acquisition
trueThe Church Commissioners for England, London, have become the largest private commercial forestry investor in the U.K., with a deal to purchase a £49 million ($76.8 million) forestry portfolio.
University of California director of client relations services leaves for Hewitt EnnisKnupp
trueWilliam Ryan will join Hewitt EnnisKnupp as an associate partner in the firm’s retirement practice on Jan. 19.
U.N. Joint Staff Pension Fund seeds low-carbon ETFs managed by BlackRock, SSgA
trueUnited Nations Joint Staff Pension Fund provided initial funding for two low-carbon exchange-traded funds, one launched by BlackRock and another by State Street Global Advisors.
Dallas/Fort Worth Airport picks Morgan Stanley for private market income strategy
trueDallas/Fort Worth International Airport hired Morgan Stanley Alternative Investment Partners to manage about $10 million in its private market income strategy.
Dignity Health allowed to appeal church plan ruling
trueA federal judge is allowing Dignity Health to challenge his ruling that the church-affiliated defined benefit plan sponsor is covered by the Employee Retirement Income Security Act.
Canada Mortgage and Housing Corp. seeks administrator, record keeper
trueCanada Mortgage and Housing Corp. is searching for a firm to serve as both administrator and record keeper for its C$1.54 billion (US$1.36 billion) defined benefit plan.