Pension funds

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 →

Companies hit hard by the epidemic have resorted to early retirement incentives to decrease staff. If your workplace offers a defined benefit pension plan, you may be able to choose between a monthly pension or a lump sum payout of about the same amount. Employers urge employees receive lump-sum paymentsRead 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 →

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 →

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 →

Nigerian pension fund administrators (PFAs) increased their investments in the local stock market as investments hit the trillion naira mark, rising by 8.73 billion naira from the 999 billion naira recorded in the month previous. Year-to-date, pension manager investment in the local stock exchange has increased by N92.43 billion fromRead 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 →

Australian pension funds Mercy Super and HESTA have agreed to merge via a successor fund transfer, the latest deal in an ongoing wave of consolidation among superannuation funds across the country. The funds are currently carrying out due diligence and aim to complete the merger before the end of theRead More →

“PIMCO – given its fiduciary duty to its customers – has engaged with the US Treasury to express some of the key consequences of Russia’s default,” a spokesperson for the Newport Beach-based company said in a statement. California, in a statement. Russia has argued that it has met all ofRead More →

“PIMCO – given its fiduciary duty to its customers – has engaged with the US Treasury to express some of the key consequences of Russia’s default,” a spokesperson for the Newport Beach-based company said in a statement. California, in a statement. Russia has argued that it has met all ofRead More →

TOKYO (Reuters) – Toyota Motor Corp heads to its annual general meeting on Wednesday under fire from criticism from New York City and Danish pension funds for its commitment to battery-powered vehicles and lobbying on climate policy. Once a darling of environmentalists for the Prius hybrid model it popularized moreRead More →

The campaign aims to prevent companies from using dual-class share structures that concentrate voting power in the hands of some shareholders at the expense of others. Launched by UK railways’ Railpen pension scheme and the not-for-profit Council of Institutional Investors. Other funders include the New York City Comptroller’s Office andRead 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 →

Grayscale CEO Michael Sonnenshein said more and more pension fund firms are looking to add crypto to their clients’ portfolios. Speaking to CNBC, Grayscale CEO Michael Sonnenshein said there is still interest in including cryptocurrencies in people’s retirement portfolios, despite recent market volatility. He noted that more pension funds areRead More →

From 2025, Hong Kong bosses will no longer be allowed to dip into a worker’s pension fund to make severance and seniority payments after lawmakers voted to ban the practice, following a a 20-year campaign led by trade unions. The Legislative Council on Thursday passed a bill amending the compensationRead More →

I argued that Canada has a major productivity growth problem and must seriously consider adopting a comprehensive multi-year plan to tackle this problem at the grassroots. We need to find ways to encourage companies to invest in new technologies, innovation and people. There is no silver bullet or one-size-fits-all approachRead More →

The Canada Pension Plan Investment Board and OMERS Infrastructure are considering selling their lease attached to the Chicago Skyway toll bridge, according to people familiar with the matter. The companies are working with an adviser to solicit an interest in concessioning the 7.8-mile toll road, the people said, requesting anonymityRead More →

The group health of 11 retirement systems that cover Chicago and Cook County and local government employees across the state remained mostly stable in 2020, supported by healthy investment returns and contribution levels in increase for some of the funds that still do not meet actuarial standards. Overall, the resultsRead More →

Pension plans and other institutional investors are adopting a federal proposal that would require hedge funds and private equity funds to provide more information to investors. University endowments, insurance funds and pension funds serving teachers and firefighters are urging the Securities and Exchange Commission to move forward with a proposedRead More →

Hedge fund and private equity managers are complaining to anyone who will listen (mostly Republican senators) that Gary Gensler’s plans to shed additional light on the opacities of their art more or less portend the end of the civilization. Rules that would require more uniform disclosures and subject funds toRead More →

The 2021 financial year was an excellent year for public pensions. According According to funding data from Pew Charitable Trusts, a decade of rising pension contributions has been bolstered by the 2021 reopening rally. As a result, public pensions in all 50 states have seen their funded ratios exceed 80%,Read More →

By Alice Uribe SYDNEY – Australian pension funds are increasingly taking action on the environmental, social and governance issues they see in the companies they invest in, and that can have a bigger impact than just investing in “green assets.” “, said KPMG. According to Linda Elkins, national head ofRead More →

Discussions on attracting much-needed investment to Africa have generally focused on non-African sources: foreign companies, multilateral financial institutions and non-African institutional investors. Yet much more attention is now being given to investment funds based on the continent itself. As the size of African pension and social security funds grows, theyRead More →

This marks another milestone in the push to be “green” when investing. Plan members already expect to see a responsible investment approach from their managers, adding to the pressure on administrators to produce a cohesive and measured sustainability strategy. These disclosures will further fuel a movement toward responsible pension investing.Read More →

Pension funds invest in real estate in order to be able to offer higher returns to their investors. Most of these investors are retirees living on a fixed income, which makes consistently high returns even more important. Many real estate investments offer above-average returns and act as a hedge againstRead More →

The introduction of a framework allowing pension fund administrators (PFAs) to co-invest with private equity (PE) firms will provide industry players with an opportunity to diversify and reduce the concentration of pension funds in federal government bonds. Industry players who have received the framework have described it as a welcomeRead More →

Victoria Scholar, of stockbroker Interactive Investor, said a tax on Shell and BP had been considered for some time and was likely to have been factored into the share price. However, companies beyond the oil giants have also been hit by investor concern after it became clear earlier this weekRead More →

Wind farms are “the perfect asset” for pension funds, according to Robert Waugh, CEO and co-CIO of NatWest Group Pension Fund. Speaking at a panel discussion on the role of renewable energy infrastructure in the energy transition at the 2022 PLSA Investment Conference, Waugh detailed NatWest’s pension fund experience withRead More →

Connecticut Retirement Plans & Trust Funds, Hartford, will receive $1.6 billion in additional contributions next fiscal year due to a state budget surplus. The additional contributions will bring a total of $3.6 billion to be transferred to pension plans in the fall, according to a May 20 letter from theRead More →

Updated with correction. Connecticut pension plans and trust funds will receive $3.6 billion in additional contributions. An incorrect amount was provided in an earlier version of this story published in the May 25 P&I Daily. Connecticut Retirement Plans & Trust Funds, Hartford, will receive $3.6 billion in additional contributions nextRead More →

“It’s worrying that so many people have tried to consolidate their funds and failed and so many people don’t know how to go about it.” More than one in 10 (11%) savers with multiple plans have tried to consolidate their funds and failed while nearly two in five (38%) admitRead More →

Capital markets Pension funds record negative returns as stock prices fall Monday, May 23, 2022 Nairobi Securities Exchange (NSE) on the floor of the Exchange building in Nairobi on August 26, 2020. PHOTO | NJAU SALATON | NMG Pension fund returns turned negative in the first quarter of the yearRead More →

The federal government says it expects $40 billion in private capital investment in digital infrastructure by 2025.The government revealed this in its “National Development Plan 2021-2025: Volume I”.He said, “To achieve the set targets in the sector, the estimated public investment is N150 billion from 2021 to 2025. Allocations willRead More →

The text of the new Dutch pension law is particularly vague on how pension funds that serve several different sectors should deal with the question of whether or not to move to the new defined contribution (DC) system or to acquired rights. Pensioenfonds PGB, which manages the pension schemes ofRead More →

At least 21 company pension schemes have increased payouts this year by 3% or more, Financieele Dagblad said on Tuesday. The funds have more leeway to increase the amount they pay out because their coverage ratios have improved, but they are still not able to match the rate of inflation.Read More →

Headquarters of the United States Securities and Exchange Commission in Washington, DC Photo: Diego M. Radzinschi/ALM Allianz Global Investors US LLC has reached a $6 billion settlement with the SEC to resolve claims related to a scheme that saw investors lose billions after the COVID-19 pandemic crippled US markets. PensionRead More →

A group of 12 leading UK pension funds brought together by the Church of England Pensions Board, representing £400 billion in assets under management and working on behalf of over 18 million members, will jointly consider how to support the transition climate in emerging markets. British Prime Minister, Boris Johnson.Read More →

At least 21 pension schemes with a funding rate of at least 125% have so far planned indexation of 3% or more in 2022. That’s just over 10% of all Dutch pension funds. Of the funds that have been able to index pensions by at least 3%, all but twoRead More →

‣ 1.3 million people affected by hacking‣ Long list of CA pension plans Horizon has issued a fifth data breach notice in California. The total number of people affected by the Horizon Actuarial data breach now exceeds 1.3 million. Employees enrolled in 49 pension plans have been notified, including theRead More →

A dozen UK pension funds with collective assets of £400bn ($493bn) are joining forces to support the climate transition in emerging markets, according to a press release from a climate change summit on Thursday. net zero deliveries in London. Led by the Church of England Pensions Council, which oversees £3.7bnRead More →

Nigeria’s imports from China increased by 183.91% from N530.98 billion in the first quarter of 2018 to N1.51 trillion in the same period of 2022.Foreign trade data from the National Bureau of Statistics (NBS) shows that Nigeria had its imports from China.Specifically, during the review period, China ranks first outRead More →

According to a new survey, more than half of pension funds do not expect their climate change mitigation targets for net carbon dioxide emissions to be met – and only a sixth have fully integrated climate change goals in their portfolios. The study, by CREATE-Research and sponsored by DWS, isRead More →

BDC Capital is stepping up its efforts to attract institutional investors as partners, as the Canadian government-owned venture capital firm seeks to increase its presence in fast-growing industries such as clean technology. A “sort of key theme that we are pursuing is also how to get other privateRead More →

Pension funds in the Netherlands have significantly increased their allocations to high-yield bonds over the past two years, according to an overview published by regulator DNB. Since the outbreak of the coronavirus pandemic in March 2020, the Dutch pension sector’s allocation to high yield bonds has increased from around 7%Read More →

Largest corporate pension plans ranked by funded ratio – plan assets as a percentage of projected benefit obligation – as of December 31, 2021, unless otherwise noted. Dollars are in millions. Rank plan sponsor Funding rate Fair value of plan assets Performance obligation Funded Status Long-term expected rate of returnRead More →

Breadcrumb Links Renewable energies PF Finance PF Energy fintech Goods Government-owned venture capital firm steps up efforts to attract institutional investors as partners Author of the article: Bloomberg News Esteban Duarte Building of the Business Development Bank of Canada in Ottawa. Photo by ANDRE FORGET / QMI Agency Files ContentRead More →

BY SYDNEY KAWADZA THE Insurance and Pensions Commission (IPEC) has wielded an ax to about 40% of pension funds operating in the country in a bid to protect billions of dollars contributed by millions of Zimbabwean workers. There were 985 occupational pension funds registered in Zimbabwe as of December 31,Read More →

Five New York City employee retirement groups that own shares of struggling video game maker Activision Blizzard are suing Activision, claiming the company has failed to turn over financial records as the groups try to investigate whether Activision got a fair price in its planned sale to Microsoft. The lawsuit,Read More →

Credit Suisse shareholders have rejected the proposal for a special audit aimed at clearly determining the bank’s position on the Greensill affair and the so-called Swiss Secrets presented by the Ethos Foundation and seven pension funds at its general meeting Annual Meeting (AGM) last Friday. Shareholders rejected the company’s proposalRead More →

The complaint from the New York City Employees’ Retirement System, as well as pension funds representing the city’s teachers, police and firefighters, seeks to open the books of Activision Blizzard to prove whether Kotick negotiated the The company’s $68.7 billion sale to Microsoft as “a way to escape liability” stemmingRead More →

(Bloomberg) — Fairfax County, Va., is considering putting pension fund money into two crypto funds that use the investment strategy known as yield farming. The funds, if approved in the coming days, will be used to provide liquidity on decentralized cryptocurrency exchanges, according to Katherine Molnar, chief investment officer atRead More →

Total assets under the contributory pension scheme increased by 460 billion naira in three months to reach 13.88 billion naira in March, according to figures from the National Pensions Commission released on Friday. This was included in the National Pensions Commission’s latest report titled “Unaudited Report on the Pension FundsRead More →

Company pension plans had an excellent year. The average capitalization ratio was 96.3% in 2021, down from 88.1% the previous year and the highest number on record since 2007, according to the latest Milliman report. (This figure has been updated with new data and is slightly lower than the company’sRead More →

An aerial view shows a compressor station for the German natural gas grid at Open Grid Europe (OGE), one of Europe’s largest gas transmission grid operators, in Werne, Germany March 24.INA FASSBENDER/AFP/Getty Images Four of Canada’s largest pension plans have significant stakes in European gas pipeline or gas distribution companiesRead More →

The composite returns of 40 medium-to-small Texas public pension funds exceeded those of a 60/40 benchmark portfolio for all measured periods ending Sept. 30, according to a report by the Texas Association of Public Employee Retirement Systems, an industrial group. According to “Report on the Asset Allocation and Investment PerformanceRead More →

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! US-based Fidelity Investments – the country’s largest retirement plan provider – plans to offer its customers the option of investing their retirement funds in Bitcoin (BTC), according to a report of The New York Times. WhileRead More →

Dutch pension schemes will soon be allowed to increase investment risk in anticipation of the transition to a new pension fund system under which they no longer need large buffers. However, experts believe that most pension funds will not immediately use the opportunity to increase risk. Pension transition opens aRead More →

China has launched its first private pension program for workers in the country, opening the door to foreign insurers and asset managers, Reuters reported on Thursday. Under the new scheme, workers can contribute up to 12,000 yuan, or about US$1,860, annually to their pension fund, Reuters reported on Thursday, citingRead More →

Capital markets Pension funds are the main buyers of the EABL bond which raised 11 billion shillings Friday, April 22, 2022 Jane Karuku, Managing Director of EABL Group. PICTURES | FILE | NMG By CHARLES MWANIKIMore from this author Summary Pension funds were among the main buyers of the corporateRead More →

A 2019 law championed by Pritzker aims to combine more than 600 local public safety pension funds into two funds — one for firefighters and another for police. Pritzker argues this would boost fund returns and help address the problem of low funding levels that have weighed on budgets andRead More →

India has canvassed Abu Dhabi Investment Authority, Singapore-based GIC, three Canadian pension funds and Qatar Investment Authority, among other sovereign wealth funds and pension funds, as lead investors in India’s Life Insurance Corporation (LIC). India’s initial public offering (IPO). The funds had expressed interest and the government wants to confirmRead More →

WASHINGTON, April 15, 2022–(BUSINESS WIRE)–The United Food and Commercial Workers International Union is calling on public pension funds invested in KKR Asian Fund III to divest Cue Group, a Chinese artificial intelligence company that has worked with a branch of the Ministry of Public Security, the body that oversees theRead More →

1 year Billed annually at 4699 ₹ 392 / month 2 years Billed annually at 6999 ₹ 292 / month 3 years Billed annually at 9399 ₹ 261 / month 1 year Billed annually at 6999 ₹ 583 / month 2 years Billed annually at 8799 ₹ 367 / monthRead More →

Mexican pension fund managers (Afores) have so far invested 460 billion pesos ($23 billion) in infrastructure. The pension regulator Consar wants to increase this amount to stimulate development and stimulate small projects. BNamericas spoke with Consar Director Iván Pliego Moreno about the relationship between the infrastructure sector and pension fundRead More →

The majority of commercial real estate assets held by European pension funds do not yet have strong ESG credentials, according to a report by Deepki. As our sister publication reports, European pensions, The Deepki Report on European Pension Funds: Integrating ESG into Commercial Real Estate Investing surveyed 250 European pensionRead More →

Legal & General Group Plc April 8, 2022 Legal & General will invest over £2billion from pension funds in affordable housing over the next five years The investments will provide over 10,000 new homes across the UK Legal & General Retirement Institutional (“LGRI“) announcement today its plans to invest anRead More →

More than £100bn (€120bn) of the capital of the UK’s defined contribution (DC) pension scheme could be allocated to infrastructure investment, according to a report by one of the leading consultancies. country pension advice. Hymans Robertson’s article suggests that investing in infrastructure could “improve outcomes” for members of defined contributionRead More →

The Los Angeles City Council voted unanimously Tuesday, April 4, to support a state Senate bill under which California’s public employee retirement system and teachers’ retirement system State of California would divest from fossil fuel companies. The council resolution, introduced by Councilman Paul Koretz, supports Senate Bill 1173 — co-authoredRead More →

The drawdown of dividends Even from a purely financial standpoint, BlackRock’s recent bets on Russia might now seem misjudged. The Moscow stock exchange almost tripled in value from April 2014 to the end of last year, but share prices fell as Russian tanks prepared to enter Ukraine this year, wipingRead More →

Forsikring & Pension, the Danish trade association of insurance companies and pension funds, has proposed that pension money be invested in defence-related government bonds to help Denmark achieve the goal of NATO defense spending. In a press release issued today (4 April), Forsikring & Pension said Denmark faced an “enormousRead More →

Four of the five New York City Retirement Systems pension funds have reached agreements with 11 companies that will disclose workforce data annually, City Comptroller and Trustee Brad Lander announced Thursday. retirement plans. The companies are American Express, Anthem, Honeywell International, Illumina, Intuitive Surgical, Raytheon Technologies, Simon Property Group, TexasRead More →

Average gains of 1.4% in the last quarter of 2021 took Portuguese pension funds to an average return of 5.1% for the 12 months to December 31, 2021. In contrast, the three months to September 2021 had produced an average return of 0.3%, with a return of 7.3% for theRead More →

The Ethos Foundation, along with seven other Swiss pension funds, are pressuring Credit Suisse to set up a special audit to look into the Greensill case and the information leaks that revealed the bank had suspected criminals, autocrats and war criminals as clients. Separately, ShareAction, which coordinates a climate change-focusedRead More →

Dutch pension funds that want to make the transition to the new defined contribution (DC) system can immediately increase investment risk as they will no longer be required to hold buffers, according to the latest version of the new Dutch pension law. pensions. Pensions Minister Carola Schouten presented the revisedRead More →

© Reuters. (Bloomberg) – As tempting as it is to attribute the stock market’s meteoric rise to expectations that the economy will prosper despite war and inflation, other forces are at work in the rally. How much they are responsible for is a serious question for traders and central bankRead More →

(Bloomberg) – As tempting as it is to attribute the stock market’s meteoric rise to expectations that the economy will prosper despite war and inflation, other forces are at work in the rally. Bloomberg’s Most Read How much they are responsible for is a serious question for traders and centralRead More →

Nigerian contributors often wonder where their pension contributions are invested and whether their funds are in safe hands. Therefore, it becomes imperative to explain the contributory pension scheme and how the pension contributions are invested by the administrators of the pension funds, PFAs. The Contributory Pension Scheme (CPS) is aRead More →

UK pension fund managers write off billions of pounds of frozen Russian assets held for their members as they run out of options to sell them safely, adding to risks to their invasion funding positions of Ukraine by Russia. The funds have in many cases written down the value ofRead More →

Band Carolyn Cohn and Iain Withers LONDON, March 28 (Reuters) – UK pension fund managers write off billions of pounds of froze Russian assets held for their members when they had no options to sell them safely, adding to the risks to their funding positions from Russia’s invasion of Ukraine.Read More →

Most pension funds wrote down Russian assets – regulator Companies supporting the funds also face the economic blow of war Funds deflect divestments for fear of selling to oligarchs Some “do not buy” policies for companies with Russian operations LONDON, March 28 (Reuters) – British pension fund managers are cancelingRead More →

Sascha Lavin examines the extent to which British advice supported companies linked to Vladimir Putin’s war effort At least a quarter of UK city council pension funds have recently held shares in Russian banks and companies that have been sanctioned by the West following Vladimir Putin’s invasion of Ukraine, theRead More →

Sweden’s financial watchdog, Finansinspektionen, is urging the country’s insurance and pension companies to check their solvency levels regularly amid the war between Russia and Ukraine, despite low exposure to the region. The watchdog said a recent survey it conducted, due to “the troubled economic situation created by Russia’s invasion ofRead More →

The Minnesota House voted unanimously on Wednesday to withdraw state pension funds from Russia, joining US states in putting financial pressure on the country over its war in Ukraine. The Minnesota Public Employees Pension Fund had about $53 million in investments in Russia before its invasion of Ukraine. The valueRead More →

New York’s top financial stewards have welcomed the Securities and Exchange Commission’s proposed rule to require companies to disclose climate-related financial risks. State Comptroller Thomas DiNapoli and City Comptroller Brad Lander welcomed the SEC’s proposal, saying environmental transparency is good for state and city pension plans. “This proposed rule willRead More →

Nordic pension funds appear to be maintaining their exposure to Chinese equities at a time when some of their Australian counterparts are reducing theirs due to political risks, according to comments from four major pension funds in the region. Australian pension funds were reported by the Financial Times on MarchRead More →

While defense companies are excluded from some investment portfolios for ethical and other reasons, the war in Ukraine has led to expectations of increased government spending in the sector and therefore a spike in share prices for Lockheed Martin, Leonardo and others. Despite their responsible investment policies, some large pensionRead More →

“Both AustralianSuper and HOOPP are high caliber shareholders and their decision to invest in our business is an affirmation of the quality of our team, our strategy and our long-term vision,” Wahby told staff. He said Greencross sales have grown 18.5% per year based on a compound annual growth rateRead More →

Nordic pension fund investment managers say they expect the European Central Bank (ECB) to tighten monetary policy as its US and UK counterparts have already hiked rates, after the outbreak of war in Ukraine exerted upward pressure on inflation. In a blog posted on March 13, Jesper Rangvid, professor ofRead More →