CDPQ Acquires 25% Stake in Engie-Owned UK Hydroelectricity Provider
The C$452 billion pension fund bought the stake in a deal with Brookfield Asset Management.
Asset Allocation
New York Common Cashes Out $3.3B Worth of Strategic Partnerships
The pension giant also committed another $1 billion to a BlackRock climate fund after dumping nearly $4 billion in public equities earlier this year.
Citi Survey: 60% of Family Offices Have Own CIO
Smaller funds were most likely to outsource the chief investment officer role, according to the bank’s 2024 family office survey.
Private Equity Firms? More Like Private Debt Providers
Lending occupies more and more of PE companies’ attention, per a new PitchBook Report.
NZ Super Fund Posts 15% Return for Fiscal 2024, Just Shy of Benchmark
According to the sovereign wealth fund, its active-passive hybrid strategy produced a $10 billion gain as compared with a strictly passive investing approach.
Listed Asset Managers Have Seen Strong Growth in Last Year, per Casey Quirk
Despite strong growth, a large disparity exists between the top and bottom performers.
Why Soaring AI Stocks May Falter
Skepticism about long-term performance rises as the payoff of artificial intelligence now seems far off.
Public Pensions See Growth, Diversification in the Private Markets
Panelists at the Council of Institutional Investors' 2024 Fall Conference discuss how their allocations to alternatives have evolved since the global financial crisis.
ExxonMobil CEO: Proxy Activists in Lawsuit Are Not Responsible Shareholders
Darren Woods, speaking at the Council of Institutional Investors’ 2024 Fall Conference, said the architects of a spring shareholder resolution sought to destroy the value of the company.
Ontario Teachers’ Pension Plan Earns 4.2% in 1st Half of 2024
The Canadian pension fund’s asset value increased nearly C$12 billion for the year to June 30.
Annual Return for Australia’s Future Fund Termed ‘Very Strong’
A 9.1% return in fiscal 2024 added A$18.8 billion to the sovereign wealth fund’s portfolio.
Small-Cap Stocks Usually Surge in Presidential Years—but Not This One So Far
Large-caps continue to dominate, upending the historical pattern, as outlined in a Royce study.
CPPIB, Blackstone Acquire Australian Data Center Operator
The duo will purchase AirTrunk from a consortium of investors.
UK’s Largest Pension Buys $531M Worth of Homes From Blackstone Joint Venture
The Universities Superannuation Scheme has acquired a portfolio of 3,000 shared-ownership residences from Sage Homes.
NFL Will Allow Private Equity Stakes; These Funds Are Likely to Invest
The National Football League has vetted a short list of firms who will be allowed to purchase stakes in its teams.