CNBC's Rick Santelli and Bradley Belt, former Pension Benefit Guaranty Corp. CEO, discuss the federal pension insurance system and risk to tax payers.» Read More
Pension funds, are committing a greater share of their money to the largest and most diversified private equity fund managers. The FT reports.
CNBC's Rick Santelli discusses the issues with the Pension Benefit Guaranty Corp. agency.
Billionaire investor Paul Singer has a message for California Public Employees' Retirement System: Dumping your hedge funds makes no sense.
Ian Hamilton, head of asset owners at State Street, says pension funds will increase their risk in a low interest rate environment.
The Army is decreasing the number of officers, who risk facing lowered pensions that can lead to financial instability, reports the New York Times.
The pro-reform camp drew in more than $1.4 million in contributions, with more than $1 million coming from Arnold, according to the Arizona Republic newspaper. Pension costs and debt were significant factors in the bankruptcies of Detroit, and of Stockton and San Bernardino in California, where bankruptcy judges have said public pensions are no longer...
The U.S. bankruptcy judge overseeing Stockton, California's municipal bankruptcy trial ruled that Calpers could be forced to absorb losses.
U.S. public pension funds earned $129.4 billion in the second quarter, a nearly 77 percent increase over the prior quarter's modest gains.
Discussing the way to play the departure of Bill Gross from Pimco, with Jim Iuorio, TJM Institutional Services, and Jeff Kilburg, KKM Financial.
CNBC's Mary Thompson reports which big public pension funds are reconsidering their Pimco holdings after Bill Gross announced he is resigning from the company.
U.S. public pension funds don't have nearly enough money to pay what they owe current and future retirees, says Moody's.
James Stewart of The New York Times, discusses his column on state pensions and CalPERS' move to dump its hedge fund investments.
The U.S. public pension gap has tripled to at least $2 trillion in less than a decade, Moody's Investors Service said in a report on Thursday.
Donald Lindsey, George Washington University, shares insight into the reasons California's enormous state pension plan eliminated its hedge fund investing program.
CalPERS' decision to leave hedge funds was not meant to send a message about the hedge fund industry, the pension fund's CIO said.
The California Public Employees' Retirement System announced the elimination of its hedge fund program. Ted Eliopoulos, CalPERS CIO, says the program was too small to have a meaningful impact on return.
Pension funds are keeping their hedge fund managers despite the recent decision by CalPERS to dump them.
To reduce costs and complexity in its portfolio, CalPERS says it will no longer invest in hedge funds. Alexandra Stevenson of The New York Times, and Tim Spangler, Sidley Austin, discuss their strategy and if others will follow.
CNBC's Kate Kelly has the latest details on the nation's largest public pension plan pulling out of all hedge funds.
Jeremy Siegel, Wharton School, and Larry Bossidy, former Honeywell chairman & CEO, share their thoughts on Calpers' plans to withdraw pension funds from hedge funds.