Ontario Teachers’ Finance Trust Issues First Green Bond
Canadian pension fund issues €750 million 10-year bond earmarked for sustainable investments.
Asset Allocation
Sustainable Investments Account for One-Third of AUM in US
Assets dedicated to such strategies have grown 42% in two years to nearly $17.1 trillion.
Congress Mulls Expanding 401(k) Enrollments, Easing Retirement Fund Withdrawals
Popular bipartisan plan seems thwarted in the lame duck session, but has good chances in 2021.
Australia’s Largest Pension Fund Pledges Net Zero Portfolio by 2050
The $137 billion AustralianSuper has outlined a four-pronged approach to eliminate emissions within 30 years.
Expect More Inflation Ahead, but Not 1970s Levels, BlackRock Says
Asset management titan thinks pandemic stimulus and new Fed tolerance should lead to increases in the 2.5% range.
Hawaii’s Public Pension Fund Rises 5.38% in Q1 Fiscal 2021
The asset value for the state retirement system’s portfolio increases to $18 billion.
Nearly 50 Religious Institutions Divest From Fossil Fuels
A group of mostly Catholic organizations follows Pope Francis’ call for decarbonization of economies.
Canada Pension Plan Investment Board Returns 5% for Quarter
Asset value rises to C$456.7 billion for Q2 of fiscal year 2021; fund names Frank Ieraci as head of active equities.
How Transitioning to a Low-Carbon Economy Impacts Equity Markets
JPMorgan report says the impact of climate transition across and within sectors is likely to vary significantly.
New York State Pension Fund Returns 6.2%
The state retirement system broadly outperformed US pension funds in the third quarter.
Kentucky Retirement Systems Leans into Stocks, Real Estate
Investment committee members are dialing up risk levels to meet return assumptions.
Mubadala Wants to Turn Parking Lots into Hubs for Restaurants
The Abu Dhabi sovereign wealth fund’s investment is a vote of confidence in delivery and last-mile distribution services.
New York State Pension Doubles Down on Alternatives
C-band spectrum, collateralized loan obligations, and solar and wind power are among the largest allocations the fund made in September.
Slow Jobs Recovery to Impact Some State Credit Ratings
Hawaii recently saw a Fitch downgrade to AA, thanks to continued employment losses in the leisure sector.
Stanford, Princeton Endowments Return 5.6% Each in 2020
The New Jersey school ends the year among the bottom half of Ivy League endowments.