Pension funds

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 →

“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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 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 →

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 →

SOFIA (Bulgaria), March 17 (SeeNews) – The number of Bulgarians switching between supplementary pension insurance funds increased by 12.2% quarter-on-quarter in the last quarter of 2021, with contribution transfers totaling 349.1 million levs ($196.3 million/€178.5 million), the country’s financial watchdog said. In the last three months of 2021, a totalRead More →

Italian pension funds have been caught in the crossfire of current geopolitical tensions, suffering the consequences of the war in Ukraine on global stock markets. Assets under management at Inarcassa, the Italian pension fund for independent engineers and architects, fell below 13 billion euros at the end of February dueRead More →

Pension funds should increasingly invest with impact, according to a survey by the Impact Investing Institute and EY, the professional services firm. The UK impact investing market had approximately £58 billion in assets under management at the end of 2020. Only 1% of this was attributed to pension fund managers.Read More →

The term tracks the funding gap which deprives UK SMEs of the finance they need to grow. Above all, this gap can widen in times of crisis, such as the economic uncertainty of the past two years caused by the Covid-19 pandemic. Currently, it is estimated that there is upRead More →

Although pension funds have come a long way in their use of ETFs, “ETF adoption in the pension industry is still in its infancy,” according to Adam Schenck, Managing Director and Managing Director of Milliman Chicago-based Financial Risk Management LLC, which underadvises approximately $6.6 billion in ETF assets for TransamericaRead More →

Australian pension funds are pulling out of Chinese stock markets amid fears that President Xi Jinping’s “common prosperity” policy has increased the risk of government interference in the private sector. Senior pensions executives told the Financial Times they fear that under the policy launched last year by Beijing in anRead More →

(Photo by OZAN KOSE/AFP via Getty Images) AFP via Getty Images As economic sanctions against Russia for its invasion of Ukraine spread, state and local public pension plans are considering selling their Russia-related assets and some are already doing so. Lawmakers in at least a dozen states are pressuring theirRead More →

ST. PAUL, Minnesota (WCCO) – A bipartisan proposal unveiled Thursday would target Russia with economic sanctions to further punish its government for invading Ukraine by banning public investment in the country. The bill would direct the State Board of Investment over the next few months to divest Minnesota state pensionRead More →

When climate change activists lobby council pension funds, they often prioritize one action over all others: divestment from fossil fuel stocks. But while climate change is a central concern for the Local Government Pension Scheme and recognized as a significant risk to its investments as well as the environment, mostRead More →

Swiss pension funds are facing the prospect of selling undervalued Russian assets, which still make up only a small part of their portfolio allocations, and are experiencing market corrections following the war in Ukraine. The question of the sale of Russian shares has not yet arisen for Compenswiss, the publicRead More →

THE TOP 10 LARGEST PENSIONS IN THE WORLD 10.PFZW MARKET: Netherlands TOTAL ASSETS: $306,893 (as of March 31, 2021) (Photo from Amsterdam: Yasonya/Shutterstock) 9. CENTRAL PROVIDENCE FUND MARKET: Singapore TOTAL ASSETS: $349,787 (Photo: Central Provident Fund Board via Wikipedia) 8. CANADIAN PENSION MARKET: Canada TOTAL ASSETS: $390,503 (as of MarchRead More →

UK pension schemes appear to be increasingly considering impact investing, particularly social infrastructure and affordable housing. According to a survey conducted by Pensions for Purpose and sponsored by Big Society Capital of UK pension funds with total assets under management of around £150 billion (€180 billion), more than 50% ofRead More →

Just over 50% of UK pension funds hold some form of impact investing, a survey by Pensions for Purpose has found. The survey, sponsored by Big Society Capital, showed UK pension funds are increasingly considering impact investing, with 90% of respondents looking to make impact investments in the UK. SocialRead More →

The country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, RepublicRead More →

The country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, RepublicRead More →

Understand the impact of the conflict in Ukraine from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict The Australian government has called on the country’s pension funds to review their investment portfolios and offload their holdings of Russian assets, Reuters reported. Russia’s ongoing invasion of Ukraine hasRead More →

The Australian government said on Thursday it “strongly expects” the country’s pension funds to review their investment portfolios and take steps to divest themselves of any stake in Russian assets. Russia’s invasion of Ukraine led to severe Western sanctions and caused a number of companies to sever their ties withRead More →

New data from Stand.earth shows more than $800 million of US pension funds have been invested in the Russian war chest Stand.earth research shows millions from California, Massachusetts, Washington, Alaska, New York and others have invested heavily in Russian oil and gas Traditional Lummi and Nooksack Lands and Unceded andRead More →

The New Jersey state Senate is due to vote Thursday on a bill that would prevent New Jersey’s $98 billion pension fund, Trenton, from investing in a company ‘with an equity connection’ to Russia or Belarus or any government entity affiliated with these countries, depending on proposed legislation. The pensionRead More →

Dutch pension funds have invested at least 2.5 billion euros in Russian companies and government bonds, reports NU.nl based on its own research. The ten largest pension funds in the Netherlands have a large portfolio of shares in Russian companies such as Gazprom, Lukoil and Rosneft, as well as inRead More →

State Treasurer Scott Fitzpatrick wants Missouri to join other states that are dumping of Russian investments from pension funds. In a Tuesday press release, Fitzpatrick called for an emergency meeting of the board of directors of the Missouri State Employees Retirement System (MOSERS) to vote to block future purchases ofRead More →

Investors with retirement savings in lifestyle funds that automatically transfer them into bonds have been warned to reconsider because faster-than-expected interest rate hikes will affect their value. The value of so-called lifestyle funds fell 13% in the two months to mid-February as persistently high inflation and rising interest rate expectationsRead More →

From Japan to the United States, sanctions threaten the assets of Russia’s main pension funds – Risk.net Drawer end navigation content Skip to main content Major global pension funds may dump Moscow-linked holdings in response to Ukraine invasion Norway’s announcement that it would divest its sovereign wealth fund’s Russian assetsRead More →

(Bloomberg) – The drop in tech stocks that has hit Baillie Gifford risks exposing a group of UK pension funds to volatility as they have more money tied to the Scottish fund company than any other stock picker. Data compiled by Bloomberg from the roughly 90 municipal pension funds inRead More →