For the world’s largest asset owners
July 25, 2023
Private Credit: Fees Down, Rates Ascend

Investors in the in-vogue asset class hope that rising yields will boost their take.

PBGC Clarifies ‘Return Seeking’ and ‘Investment Grade’ for SFA Purposes

Reacting to some confusion about the terms’ precise meanings, the PBGC clarified and provided examples of both.

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NYC Comptroller Calls for Executive Clawbacks at Bank of America

Brad Lander also lashed out at BlackRock for appointing the CEO of the Saudi Arabian Oil Co. to its board.

Teamsters Drop Yellow Strike Threat After Central States Pension Extends Benefits

The union threatened to strike over a missed $50 million payment by subsidiaries of Yellow, which accused the Teamsters of breaching their CBA.

TRENDING: Public Pension Funds Continue to Boost Alts Allocations in Search of Higher Returns

The Equable Institute’s State of Pensions 2023 report claims that ‘pension funds are addicted to risk.’

TRENDING: Changes to Pension Risk Transfer Rules Might Be Coming

The ERISA Advisory Council met last week to discuss possible changes to IB 95-1, which outlines how fiduciaries should select an annuity provider.

Editorial: CIOeditors@issmediasolutions.com
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