Investor sentiment towards hedge funds improved in the first part of the year, but pension funds remain cautious about them, according to a recent report. Pension funds only added to hedge funds they had previously invested in or were familiar with. Pension funds curb allocations to hedge funds According toRead More →
Vermont Pension Investment Committee, Montpelier, is conducting an asset allocation study for Vermont’s $4.5 billion state pension systems. The study will be conducted by staff and new investment consultant RVK, and is tentatively expected to be completed in the spring of 2021, said Eric Henry, chief investment officer. The studyRead More →
The European Commission on Tuesday attracted record orders of more than 233 billion euros from more than 500 investors for the inaugural bonds issued under SURE, the EU’s program to safeguard jobs during the crisis. coronaviruses. IPE contacted European pension investors to find out more about their involvement – orRead More →
Why do they keep doing it? Why do pension fund trustees continue to do this and fall into one of the oldest games in the industry? New York’s Metropolitan Transportation Authority’s $4.8 billion pension fund has just been the latest to sue a hedge fund manager after it lost hundredsRead More →
R. Stanley Rupnik, CIO and acting executive director of the pension fund, told the trustees that “unlike in other funds, Jose is there every day to find (emerging) managers”. In his presentation, Mr. Gonzalez said, “Engaging with the MBWE community through network partners helps build a pipeline of diverse managersRead More →
Four leading North American pension funds helped launch the Global Peer Financing Association to advance peer-to-peer securities lending by asset owners, the group announced Thursday. Pension funds – the $396.9 billion California Public Employees’ Retirement System, Sacramento, the $94.1 billion ($72 billion) Healthcare of Ontario Pension Plan in Toronto, theRead More →
The global rout in financial markets this year is putting pressure on state and local government pension funds in the United States, many of which were already struggling to pay future retirement benefits for public sector workers. The hit to returns from pension systems for firefighters, police and civil servantsRead More →
According to a senior executive at Canada’s Pension Plan Investment Board (CPPIB). On Dec. 17, the C$409.5 billion ($308.3 billion) pension fund announced a $225 million commitment to the India Resurgence Fund (IRF), a platform for investment in distressed assets. This reflects a sharp increase in interest in these assetsRead More →
Bombay : Canadian pension funds are seeking to exploit the private debt space in India, where a prolonged credit crunch is hampering companies’ ability to raise funds from traditional lending sources. This includes Canada’s largest pension fund manager, the Canada Pension Plan Investment Board (CPPIB), which, according to a DecemberRead More →
Abu Dhabi Investment Authority 550 0.1 United Arab Emirates 2019 Alecta 450 Sweden 2022 Awarded to: Swiss Re 1863 Fund ($250 million); SCOR’s Atlas Re sidecar ($200 million). AP2 680 1.7 Sweden 2012 Attributed to: Credit Suisse, Elementum, Fermat. Data as of: 2020 AP3 620 0.9 Sweden 2008 Invests forRead More →
For decades, a Dutch pension plan’s cash flowed to the place most likely to generate stable and secure returns: government bonds. Not anymore. Today, the investor behind the largest pension fund in the Netherlands is channeling retirement savings into a Belgian airport, a bicycle parking lot in Utrecht and tollRead More →
A once unthinkable collapse in global bond yields is forcing pension funds to buy bonds offering negative yields, jeopardizing the financial security of future retirees. U.S. institutions managing trillions of dollars in retirement savings — including California’s public employee retirement system, Sacramento — $376.3 billion — cut return expectations. Japan’sRead More →
Breadcrumb Links News FP Street Since 2011, the value of Canadian assets abroad has more than doubled, according to global rating agency Fitch Canadian companies have increased their spending abroad as Canada faces high debt levels. Photo by Darryl Dyck/Bloomberg Content of the article According to Fitch Ratings, Canada’s hoardRead More →
I was at a dinner party recently where I had the opportunity to speak with a teacher from New York, who was monitoring the performance of her pension fund quite well. She worried about whether, when the time came, there would be enough to fund her retirement and asked meRead More →
The year was good for company pension funds. By our estimates, average funded ratios are at their highest level since the global financial crisis, driven by market movements and plan contributions, including those boosted by last month’s tax incentive deadline. Today, after being on hiatus for a few years, manyRead More →
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In recent years, traditional retirement plans, also called pension funds, have been gradually disappearing from the private sector. Today, public sector employees, such as civil servants, are the largest group with active and growing pension funds. This article explains how other traditional pension plans work. Key points to remember TraditionalRead More →
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A superannuation plan is a retirement plan that requires an employer to make contributions to a pool of funds set aside for a worker’s future benefits. The fund pool is invested in the employee’s name, and earnings on the investments generate income for the retired worker. Pension fund assets mustRead More →
At first glance, lofty investment return assumptions may seem unreasonably optimistic, but pension plans have a potential justification. Some accounting rules for public pension plans provide grounds for optimism, as public plans discount their liabilities based on their assumed rate of return rather than a credit rate of appropriate duration.Read More →