Maryland State Retirement & Pension System
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Maryland State Retirement seeks investment consultant, director of investments
trueMaryland State Retirement & Pension System, Baltimore, issued an RFP for a general investment consultant for the $43.1 billion pension fund.
Maryland boosts absolute-return target to 10%
trueMaryland State Retirement & Pension System, Baltimore, is increasing its absolute-return target to 10% from 7%, focusing on strategies with lower correlation and beta exposure to equities.
Maryland State Retirement posts fiscal year gains, lowers assumed rate of return
trueMaryland State Retirement & Pension System, Baltimore, returned a preliminary 10.6% for the fiscal year ended June 30, net of fees.
Maryland makes $50 million commodities long/short investment
trueMaryland State Retirement & Pension System invested $50 million in Taylor Woods Master Fund, an actively managed long/short commodities hedge fund, on June 1, confirmed Michael Golden, a spokesman for the $42 billion pension fund.
Maryland State Retirement & Pension System approves new asset allocation
trueMaryland State Retirement & Pension System, Baltimore, approved on Tuesday a new asset allocation recommended by the board's investment committee and investment consultant, Hewitt EnnisKnupp.
Toyota agrees to $25.5 million settlement with Maryland pension fund, other investors
trueToyota Motor Corp. agreed to pay $25.5 million to settle an investor lawsuit led by the $36.3 billion Maryland State Retirement and Pension System over the company's alleged failure to disclose information on unintended acceleration problems that caused the stock to plunge in 2010.
Maryland seeks risk consultant, portfolio analytics providers
trueMaryland State Retirement & Pension System is seeking information on providers of risk consulting services and portfolio analytics software.
More state pension plans cutting assumed return rates
truePublic retirement systems increasingly are taking a more conservative approach toward return assumptions in light of weak market performance and strapped public budgets.
Maryland state pension fund keeps 7.75% return rate
trueMaryland State Retirement & Pension System retained its 7.75% assumed rate of return on investments.
Administrator sought for Maryland DC plans
trueMaryland Teachers & State Employees Supplemental Retirement Plans, Baltimore, is searching for a third-party administrator for its four defined contribution plans.
Strapped state pension funds take scalpel to COLAs for relief
trueState pension plan executives and state legislatures are increasingly turning their attention to retiree cost-of-living adjustments as a way to get immediate and dramatic results in retirement system reforms.
Report calls for more climate impact disclosure
trueInvestors need to get more information on how the companies in which they invest are facing and managing risks posed by climate change, according to a report released Thursday by Calvert Investments, Ceres and Oxfam America.
Maryland retirement system to oppose entire Wal-Mart board
trueMaryland State Retirement & Pension System will be voting its 1.2 million shares against the election of the entire board of Wal-Mart Stores Inc. at the company's annual shareholders meeting Friday in Fayetteville, Ark.
Maryland retirement system CIO recommends State Street Bank renewal
trueMaryland State Retirement & Pension System should extend by two years its contract with State Street Bank and Trust, the retirement system's global custodian.
Public pension funds' definition of emerging manager still a work in progress
trueMore public pension plans are returning to defining emerging money manager firms as those owned by women, minorities or people with disabilities.