Illinois Teachers approves $1.1bn in new commitments

The $47bn system also terminated three managers that had managed a total of $700m in assets

News roundup: California cities try to bring pension liabilities under control

Monday’s financial news roundup

California county hires Voya for DC plans

The transition of two funds to Voya’s platform is slated to take place in Q4 2017

California county hires Voya for DC plans

The transition of two funds to Voya’s platform is slated to take place in Q4 2017

Iowa fund seeks more internal management, chooses smart-beta manager

The $30.6bn system also reviewed proposals for open searches for private corporate debt and real estate debt

Ohio Highway pension plan selects AQR and Diamond Hill

The $850m system has a 10% target to absolute return



Podcast of MMR’s June 19 issue

Listen to the Money Management Report team bottom-line the top stories from the June 19 issue


Demand for alternative credit surges 

Institutional investor commitments to credit-related investments have doubled over the last two years

ESG funds unfazed by Paris climate deal exit

Providers expect higher demand for sustainable investing




Have your say

With average industry performance in the doldrums, what 12-month performance are you expecting at your hedge fund come December?

Gain of 10% or more
Gain of between 5% and 10%
Gain of up to 5%
Decline of up to 5%
Decline of more than 5%