Yu Ben Meng’s start date is being held up by the Chinese government, which could delay a vote on the launch of a $20 billion direct private equity investment organization.
Private equity, infrastructure investments bring home the bacon while real estate takes a hit.
Willis Towers Watson unit ranks the largest funds, with Japan’s Government Pension Investment Fund on top.
But most large companies still allocate far more to shareholder dividends.
SEC alleges bank profited from ‘industry-wide fraud.’
Exchange rates leave a 0.6% performance, despite strong showing in Canadian-denominated returns.
The hearing on Dec. 5 will help determine if public workers’ pensions can be reduced and could have national implications.
CalPERS consultant finds without a huge increase in new private equity commitments, the fund will see a declining allocation to the asset class.
The country’s state pension buffer says government institutions should swap fossil fuels for alternative energies in the next 10 years.
Untapped public assets could contribute ‘many billions of dollars’ to underfunded pensions.