PLANSPONSOR Magazine

Table of Contents |July 1993

Case closed

A Supreme Court decision sends a warning to companies in multiemployer plans.
Table of Contents |July 1993

Michigan’s Energy Bet

Michigan Treasury's pension fund chooses Energy Investors Management II for its first energy-related holding.
Table of Contents |July 1993

When The Cheering Stops

Professional athletes are turning more attention than ever to post-retirement benefits. But the game moves much faster in some sports than in others.
Table of Contents |July 1993

Ice Follies

Hockey's messy dispute over monies removed from its retirement fund is in appeals court. Game two begins this fall.
Table of Contents |July 1993

Beyond the Big Purse

Non-team sports, too, are making progress in the pension area. But they face a different set of challenges.
Table of Contents |July 1993

Quebec’s Heavyweight

Often regarded as the Canadian market's 500-pound gorilla, the Caisse de depot has emerged as a major global investor. In the process, it hopes to set a place...
Table of Contents |July 1993

Global Player

The Caisse is an unabashed activist investor with global ambitions, chairman Delorme explains.
Table of Contents |July 1993

Every Sponsor Needs One

Since widening its mandate to include global markets, the Caisse's tactical asset allocation fund has taken off
Table of Contents |July 1993

Desperately Seeking Safe Harbor

404(c) now gives defined contribution plan sponsors limited safeguards against lawsuits by beneficiaries. But compliance standards are vague, and no one knows just how far the protections extend.
Table of Contents |July 1993

School’s In

Employee sophistication is a big concern for plans that want to qualify for 404(c) protection. Some are exploring more than one route to bring their participants up to...
Table of Contents |July 1993

One Big Pension Fund

Some leading multinationals are finding ways to consolidate their North American and foreign pensions.
Table of Contents |July 1993

Last Act for the RTC

Washington is bent on cleaning out its inventory of real estate from distressed S&Ls within the next two years. But pensions should kick the tires before buying.
Table of Contents |July 1993

The Vulture Has Landed

The once-torrid vulture fund market has matured. But a number of factors are keeping big investors interested.
Table of Contents |July 1993

Green Thumb

With the environment again a hot topic, some public pensions are exploring ways to make environmentally correct investments.
Table of Contents |July 1993

This Old House

A slew of ambitious housing and urban development projects are attracting the attention of public pension funds.
Table of Contents |July 1993

The Case for Marketing Reps

A new industry has grown up to serve investment managers seeking tax-exempt business. How well they serve plan sponsors is another question.
Table of Contents |July 1993

Someone to Take Charge

The naming of Olena Berg as the top US pension regulator Could add a new, experienced voice to the debate over economically targeted investing.
Table of Contents |July 1993

Sending It Out of House

Many 401(k) sponsors are finding ways to outsource part of the plan. Winn-Dixie Stores, going one step further has outsourced the whole thing.
Table of Contents |July 1993

Making a Play for the Payout

The Mutual Benefit fiasco, now winding to a Close, provides some valuable tips for GIG holders on how to protect their interests in a rehabilitation.
Table of Contents |July 1993

Repo Men

Repurchase agreements have emerged as the overnight investment vehicle of choice for many pension managers.
Table of Contents |July 1993

Mind Control

Use of mental health care benefits is rising fast. Corporations are starting to worry about the effect on post-retirement costs.
Table of Contents |July 1993

The Portability Problem

Beset by FAS 106 obligations, corporate benefit plans could use more help from their employees with funding. But without health benefit portability this may be hard to come...
Table of Contents |July 1993

Work In Progress

The Common Fund is trying to boost performance by College and university endowments in some new ways-through education, and by promoting global investing.
Table of Contents |July 1993

Team Work

Activist pension funds have some powerful new allies in unions like the Teamsters.
Table of Contents |July 1993

Northern Revolt

Taking a cue from their US Counterparts, Canadian public pension sponsors are learning to be shareholder activists.
Table of Contents |July 1993

Free Lunch Still Served

Amid a market that refuses to recover some Japanese pension funds are getting tough with their brokers and investment managers. But the network of cozy relationships is a...
Table of Contents |July 1993

The Numbers Game

Fixed-income analytics afford pension sponsors a more sophisticated knowledge of their portfolios. But few are ready to move up the curve.
Table of Contents |July 1993

Measurement Wars

Pension funds in search of improved performance measurement products now have new providers custodians. But the traditional providers, consultants, are fighting back.
Table of Contents |July 1993

Armchair Traveler

McGill University is one of a growing group of Canadian pension sponsors which use derivatives to increase their overseas market exposures
Table of Contents |July 1993

Don’t Ignore Political Risk In Developed Markets

When institutional investors speak of political risk, they almost always have in mind the emerging markets of Asia, Latin America, Eastern and Southern Europe, the Middle East, and...
Table of Contents |July 1993

Dora Romero, age 71

Retired office worker, Mountain Bell, Annual Pension: $5,592