New York City Comptroller Brad Lander appears to be gearing up for alternative investments. Lander, which is the custodian of $274.7 billion in assets held by New York’s five public pension funds, recently called on state lawmakers to update a law and increase the amount that City pension funds canRead More →
Investments in sustainably managed forests can support rural livelihoods and create attractive risk-adjusted returns. [Courtesy] I was honored to share my thoughts on climate action at last year’s annual decentralization conference, which aimed to unlock the potential of climate action at the national level under the COP 26. As aRead More →
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U.S. one dollar banknotes are seen in front of the stock market graph displayed in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration/ Join now for FREE unlimited access to Reuters.com Register NEW YORK, Jan 31 (Reuters) – U.S. public pension funds are likely to need to adopt more aggressiveRead More →
NEW YORK (Reuters) – U.S. public pension funds are likely to have to shift to more aggressive investment strategies in coming years to fill funding gaps despite assets held by sovereign investors reaching record levels amid the stock market boom of 2021, according to a new report. . On average,Read More →
German pension funds seek to build investments in alternative asset classes as they offer the prospect of higher returns in growing private markets and protection against rising inflation. The Versorgungsanstalt des Bundes und der Länder (VBL), the German supplementary pension institution for public sector employees, is considering increasing its allocationRead More →
Money from British Gas energy company staff pensions was used to buy shares in Israeli spyware developer NSO Group, which was responsible for hacking into tens of thousands of people’s devices over the years. years, revealed a report. According to FinancialTimes journal, British Gas’s retirement investment fund and parent companyRead More →
Read: Liquidation of quantitative easing, inflation likely to benefit pension plans: expert Searching for the document, which was last updated in December 2021 and is currently undergoing a peer review process, the authors found that seven major Canadian pension funds were responsible for 60 % of total value of directRead More →
These days, managers of public pension plans like to brag about their “ethical” investment policies, for example when it comes to the environment or “diversity, equity and inclusion”. Meanwhile, they are pouring billions of dollars into secret private equity funds in search of additional profits. Now comes even more evidenceRead More →
The federal government announces that it expects $ 40 billion in private investment in digital infrastructure by 2025.The government revealed this in its “National Development Plan 2021-2025: Volume I.”He said: “To achieve the objectives defined in the sector, the estimated public investment is 150 billion naira from 2021 to 2025.Read More →
Pension Fund administrators invested 155.44 billion naira of the total contributory pension scheme funds in real estate at the end of September 2021, according to data from the National Pensions Commission. PenCom’s monthly pension fund portfolio data showed that the total funds under management stood at N13tn in September. TheRead More →
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Divided trustees of Pennsylvania’s $73 billion school pension fund will begin charting a future without the agency’s longtime executives at a two-day board meeting that begins Thursday. The board’s bi-monthly investment review will be the first under Robert Devine, the 23-year PSERS veteran named acting chief investment officer last weekRead More →
Tuesday, December 14, 2021 / 6:14 p.m. / by AVCA / Header image credit: AVCA The publication of this landmark report aims to bridge the gap between these two complementary industries by investigating and assessing the role of Nigerian pension funds in empowering local investors in the private equity industryRead More →
Large funding gaps are driving pension plans to invest money in private assets in search of returns, increasing the risk of overloaded transactions and moderate earnings, a new study finds. The report from Amundi, Europe’s largest asset manager, and Create Research studied 152 defined benefit pension plans managing € 2.1Read More →
Swiss plans have this year invested 22% of their assets on the basis of active strategies leading to a reduction in CO2 emissions, against 8% last year, according to the latest ranking published by Klima-Allianz, a league of civil society organizations. This amounts to CHF 281 billion (€ 267 billion)Read More →
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The Covid-19 pandemic has highlighted why pension funds must diversify between asset classes and geographies to continue to generate good returns in an environment of low interest rates and high inflation, experts said at the 2021 Arab Pensions Conference. Markets and stocks have performed well since the 2008 financial crisisRead More →
Sydney Airport’s board has agreed to takeover from a consortium led by Melbourne-based IFM Investors for A$23.6 billion (US$17.5 billion), as part of one of Australia’s largest-ever deals as pension funds and asset managers continue their sweep of the country’s infrastructure. . The consortium, known as the Sydney Aviation Alliance,Read More →
Canadian pension funds light up muted Diwali week for deals | VCircle Homepage Finance Canadian pension funds light up muted Diwali week for deals Canadian pension funds light up muted Diwali week for deals Photo credit: 123RF.com Private equity and venture capital investments during Diwali week were the lowest sinceRead More →
Posted 25 October 2021 The total amount of pension funds invested in banks by pension fund administrators rose to 2.05 billion naira at the end of July from 1.48 billion naira in January. The National Pensions Commission revealed this in its report, entitled “Unaudited report on the portfolio of theRead More →
Investing in private markets, including private equity, private debt, real estate and infrastructure, has helped funds more comfortably meet their return targets in a decade characterized by low returns. Larger allocations to unlisted assets have also been a key factor in enabling pension funds to weather market volatility caused byRead More →
The UK government’s ambition to fuel a post-Covid ‘Big Bang of investment’ with billions of pounds in pension funds is likely to run out of steam after pension funds balked at Downing Street’s call to invest more money in projects. With public finances strained by the pandemic, the Prime MinisterRead More →
The $ 1.5 billion Atlanta Police Officer Pension Fund posted a 33.1% net return for the year ended June 30, above its benchmark of 33%. For the three, five and ten years ended June 30, the Police Fund reported an annualized return of 12.9%, 12.4% and 9.7%, respectively, compared toRead More →
Pension funds, and those in the Nordic region in particular, have committed around € 450m of raised capital for a new private equity impact fund, which has Swedish buffer funds AP4 and AP6 on its advisory board . Nordea Asset Management (NAM), which is a minority shareholder in the managerRead More →
To the ancient Greeks, Cerberus was the dog of Hades, a multi-headed dog with a serpent’s tail that prevented souls from escaping from the underworld. His eyes were burning with fiery lava and he was vomiting bile. The dog’s namesake, Cerberus Capital Management, is a private equity firm that, likeRead More →
Trustees of UK pension funds are balking at government efforts to encourage them to spend billions on the country’s economic recovery, warning of potential conflicts of interest for their savers. In an unprecedented intervention last week, Prime Minister Boris Johnson and Chancellor Rishi Sunak issued a letter to industry, urgingRead More →
Boris Johnson has called on UK pension funds to invest more savers’ cash in UK assets to trigger an “investment big bang” to support the economic recovery. In a letter to the investment industry, Prime Minister and Chancellor Rishi Sunak said UK institutional investors needed to “seize the moment” andRead More →
Tata Digital in Talks with Warburg, KKR, and Pension Funds to Raise Over $ 1 Billion | VCircle Homepage TMT Tata Digital in talks with Warburg, KKR and pension funds to raise more than $ 1 billion Tata Digital in talks with Warburg, KKR and pension funds to raise moreRead More →
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please review our website policy before making any financial decisions. Unlike the first quarter of 2021, the second quarter did not see a list of top companies buying Bitcoin. However, what we saw in the second quarterRead More →
Border to Coast Pensions Partnership, Leeds, England, is on track to save its partner pension funds more than £ 110million ($ 150million) in its first decade, the pool reported on Friday. This is the third annual report of the asset manager owned by 11 local government pension funds, with combinedRead More →
The total investment management and transaction costs of the 10 largest Dutch pension funds increased from €6.3 billion to €7.4 billion in 2020. The main reasons for the increased costs were a sharp increase in performance fee payments at ABP, Bouw and PMT and an increase in transaction costs dueRead More →
Swedish electric car battery maker Northvolt has completed a $ 2.75 billion (€ 2.26 billion) private placement led by Swedish national pension funds and Canadian investor Omers Capital Markets. Current Northvolt shareholders, which include Goldman Sachs Asset Management, Baillie Gifford and Volkswagen Group, also participated in the capital increase. NorthvoltRead More →
Private equity funds targeting real estate had about $356 billion in cash reserves in April. (Stock) Some of the biggest pension funds and private equity firms are gearing up to invest in commercial real estate again. Between March and May 2020, commercial real estate prices fell 11%, The Wall StreetRead More →
The funding status – a measure of the degree to which pensions have enough assets to meet liabilities – of the 100 companies tracked by Milliman was 88.4%. Since 2005, the funds have also increased their allocations to “other” investments, including private equity, real estate, hedge funds and money marketRead More →
Savers will pay higher fees on their pension funds without guarantees of better returns under government plans to get schemes to invest to help revive the economy, the pensions industry has warned. The trade body representing 1,300 pension schemes issued the warning on Monday as it responded to proposals toRead More →
This story was among Asian investors most read articles in 2021. Three of Canada’s largest pension funds, which manage a combined total of $630 billion, are hitting the Asian expansion trail hard, underscoring ambitious plans to add to their asset base in the region despite the Covid pandemic -19. Together,Read More →
Consultants say Swiss pension funds should remain untouched by the insolvency of Greensill Capital and the liquidation of Credit Suisse’s supply chain funds. “I think the direct impact on Pensionskassen’s balance sheet [regarding] the case of Greensill and Credit Suisse is very small – supply chain finance and factoring representRead More →
Good pensions fund good infrastructure. Good infrastructure pays for good pensions. This crucial relationship is only noticed when they both go missing, as the United States, United Kingdom, and several other countries discover. Having largely dismantled the company defined-benefit pensions of yesteryear, they are now struggling to turn fragmented individualRead 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 →
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 →
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 →
Japan’s rapidly aging society will face a retirement shock along with pensions, according to a government report. The country, which is now due to host this year’s G20 summit at the end of June, suffers from a major funding shortfall for its retired citizens. His financial services agency found thatRead More →
Henry Kravis is about to blink. In exchange for about $ 3 billion in pension funds in New York City, Kravis’ KKR & Co. agreed not to take any part of the gain from the investment until it exceeds a minimum threshold, said. sources at The Post. It was notRead 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 →
Four years before the financial collapse, Goldman Sachs executive George Herbert Walker IV had much to be thankful for. “I have been fortunate enough to be part of the leadership teams of US restructuring, European privatizations, global pension management and now investments in hedge funds and private equity,” he saidRead More →
The pension industry, so long riddled with absurd charges and overpaid and underperforming fund managers, finally has a real competitor. It’s called the UK government. In a little-noticed technical change that escaped Monday, the Department of Work and Pensions lifted the ceiling on contributions to the government scheme it putRead More →
Larry Schloss, the low-key private equity expert who protects the pension money of New York police officers, firefighters and teachers, is quietly searching for a successor. But persuading former Wall Street colleagues and acquaintances to consider the job remains a quixotic crusade. “I had a snack or two, but it’sRead More →