Columnists Use pension funds on roads, rails Wednesday, September 21, 2022 Motorists at the Nairobi Expressway Mlolongo Toll Booth on Sunday June 26, 2022. PHOTO | DENNIS ONSONGO | NMG As the debate around the funding of infrastructure projects in Kenya intensifies, the broader debate that needs to take placeRead More →

Republicans in state capitals across the country are targeting an investment concept known as environmental, social and corporate governance criteria, or ESG for short. Describing these investment criteria as “wake up” and “misguided activism, GOP officials say that by considering these factors when making investment choices, financial institutions are puttingRead More →

Mr. Lander also announced on August 30 the filing of a shareholder proposal at Mastercard and American Express to publicly report on their monitoring of the application of the code of firearms dealers. A similar proposal was not filed with Visa because the filing deadline had passed. “Mass shootings areRead More →

Intel will retain majority ownership in the new chip fabs in Arizona, but share revenue with Brookfield Asset Management. Brookfield Asset Management, the Canadian investment firm with $750 billion in assets, recently agreed to help build Intel’s new factories in Arizona, a rare arrangement that could gainRead More →

Officials from the California State Teachers’ Retirement System and New York City’s Retirement Systems have called on credit card companies to help track gun and ammunition purchases to detect suspicious activity. In letters sent to executives of American Express, Mastercard International and Visa, Aeisha Mastagni, portfolio manager for sustainable investingRead More →

Florida Governor Ron DeSantis, along with administrators of the State of Florida Board of Directors (SBA), on Tuesday passed a resolution ordering fund managers to disregard environmental, social and governance factors. when making investments for state pension funds. Managers of public funds must now base their allocation decisions “only onRead More →

According to Aeon Investments, 95% of pension funds and other institutional investors believe that alternative credit investments can be used to have positive social and environmental impacts. As our sister publication reports, European pensionsits survey of institutional investors in Europe and the United States, who collectively hold approximately $574 billionRead More →

The pension credit is designed to help low-income retirees with a valuable financial supplement, but it has been significantly under-claimed. Therefore, the Department for Work and Pensions (DWP) has taken action with its Pension Credit Awareness Day, designed to draw attention to eligibility. Claims for the pension credit have increasedRead More →

Latin American pension funds have a greater appetite for alternative investments than their global counterparts, led by growing allocations to Peru, Colombia and Mexico, according to a recent Mercer report. The report, which tracked information on $5.9 billion in assets under management (AUM) from corporate and government pension plans inRead More →

While the anti-ESG movement likely started the same day the ESG movement launched, recent proxy proposals and new legislation are forcing companies and asset managers to choose between relationships with state and local clients and increasingly stringent global ESG disclosure mandates. The sticky situation is likely to generate work forRead More →

Asian pension fund investors continue to further diversify their assets outside the region, according to Mercer’s 2022 Asset Allocation Insights report, which summarizes the decisions pension fund investors make with their investment strategies in each region . Source: Mercer Asset Allocation Outlook 2022 “In our view, this trend is oneRead More →

The author is a finance and economics commentator and former global head of asset allocation at Columbia Threadneedle Investments The £1.5billion number is significant – at least in a UK context. It accounts for 40% of the UK institutional asset management market, two-thirds of gross domestic product and around theRead More →

According to research by Morningstar Indexes, pension funds and other asset owners in North America and Europe are adopting sustainable investment practices for their portfolios. According to the “Voice of the Asset Owner” survey, based on 14 interviews with asset owners, pension funds viewed ESG investing as central to investing.Read More →

When the Houston Firefighters Relief and Retirement Fund purchased $25 million in cryptocurrencies, with the fund’s chief investment officer touting their potential, retired firefighter captain Russell Harris was concerned. Harris, 62, attended the funerals of 34 firefighters killed in the line of duty. He was already worried about his pensionRead More →

European pension funds are required to declare their investments in nuclear energy and natural gas as sustainable according to the EU sustainable taxonomy, which means additional reporting work for pension funds. Previous critics of the European Commission’s proposal, including the Netherlands’ Pensioenfederatie, are disappointed with the decision. On Wednesday, 278Read More →

Published: 10:30 a.m. July 1, 2022 I have held several jobs over the years and have moved several times. I’m sure I joined a few company pension plans in my thirties, but I can’t find any documentation for them. Can I find them easily? The companies concerned have been closedRead More →

On 23 June 2022, the interinstitutional agreement “Regulations for the creation of savings and/or pension funds established by the tax consultation law and its reforms” entered into force. By this regulation, the creation of the Savings and/or Pension Funds Commission was agreed, formed by the Ministry of Finance and PublicRead More →

Mexican pension fund body Amafore has updated its list of approved mutual funds available to Afores pension fund managers in the country, expanding their available investment options after eight months of discussions. Amafore’s Specialized Analysis Center (CAE) previously published a monthly list but had not updated it since last OctoberRead More →

Corporate pension funds in Japan struggle to identify best allocation strategies as reverberations of global disruptive events ripple through emerging markets in Asia, top pension funds say . As China’s economy is tested by the shutdowns and general repercussions of the Covid-19 pandemic, as well as regulatory interventions that haveRead More →

According to Aeon Investments, more than two-fifths (43%) of pension funds and other institutional investors expect the performance of fixed income securities to deteriorate further over the next 12 months, with 13% expecting a significant drop. The research comes after global bond markets suffered “significant losses” in recent months. MoreRead More →

Pension funds in Denmark and New York on Wednesday expressed their displeasure with Toyota Motor Co. over what they see as lobbying activity that is slowing a green transition. “We are extremely concerned that Toyota’s lobbying activities are misaligned with its climate goals and electric vehicle strategy,” said New YorkRead More →

Money-saving expert Martin Lewis explained the main benefits of pension credit and how Britons could get support. It comes as the Department for Work and Pensions (DWP) celebrates Pension Credit Action Day. It is part of a new advertising campaign aimed at encouraging increased take-up of the benefit among pensioners.Read More →

Department for Work and Pensions (DWP) benefit claimants were underpaid by around £2.6billion in the 2021/22 financial year, according to new reports. Additionally, others claiming benefits from the UK government department have been overpaid by an estimated £8.6billion collectively. As The Mirror reports, it is the result of mistakes madeRead More →

Advertising As Canadian lawmakers meet to discuss the second anniversary of the introduction of the draconian national security law in Hong Kong, they will also consider the issue of Canadian pension funds passively investing in Chinese stocks and bonds linked to serious human rights violations. Russia’s brutal invasion of Ukraine,Read More →