The U.K. pension funds of Royal Bank of Scotland Group Plc, aerospace components maker GKN Plc and the London Pensions Fund Authority have bought inflation-linked bonds and derivatives to limit the impact of salary and price increases in their defined-benefit obligations.
Mike Taylor, a Pacific Corporate Group vice president who helped advise New York City pension funds on their investments, resigned and joined Aqueduct Capital Group, according to two people with knowledge of the move.
The day after Jim Messina quit his job as White House deputy chief of staff in January 2011, he caught a plane to Los Angeles, paid a brief visit to his girlfriend, and then commenced what may be the highest-wattage crash course in executive management ever undertaken.
Three people died and two were injured during a shooting at a Southern California Edison Co. building in Irwindale, California, Mike Taylor, a captain with the Baldwin Park Police Department, said in a telephone interview.
Stockton, the California city trying to stave off bankruptcy, didn’t reconcile its main checking account each month and left millions of dollars in library fees uncollected, fueling a fiscal crisis as managers left.