The Appeal of OCIOs: Questing for Good Returns
Asset managers are turning to outside helpers as a kind of extra ammunition.
Asset Allocation
US Corporate Pension Plans’ Funded Ratios Fell 4 Points in February
Company retirement systems dropped to an 82% average funded ratio, the lowest level since 2016, thanks to the coronavirus.
BlackRock Changes Global Outlook Due to Coronavirus
The world’s largest asset manager said it’s reducing cyclical exposures to global assets, such as emerging markets and Japan.
CPPIB, Mubadala Lead $2.25 Billion Funding for Google’s Waymo
The investment into self-driving 'moonshot' company signals growing interest in automated driving technology.
PLSA Calls for Pensions to Hold Companies Accountable for Climate Change
New regulations require trustees to disclose ESG investment considerations.
Study Bolsters Case for Endowments’ Sustainable Investing
Growing body of evidence finds ESG investing can match or beat traditional investing.
Anti-Fossil Fuel Protests Hit Australia Pension’s Doorstep
Members of Australia’s UniSuper Fund protest against the fund’s fossil fuel investments.
Texas Episcopalians Will Pay $13 Million in Racial Reparations
Compensating descendants of slaves is controversial, but the idea has gained traction in recent years.
Ontario Employees Pension Returns 11.9% in 2019
Public equity returns of more than 20% help boost OMERS’ total asset value to C$109 billion.
Ontario Teachers’ Strikes Gold in Flexible Natural Resources Deal
OTPP and New Gold Inc. trade instant capital for free cash flows from a gold mine, with the option to convert to ownership.
JP Morgan Chase Commits $200 Billion to Sustainability Financing
Often cited as a climate offender, the bank has capped lending to coal mining and Arctic drilling projects.
Illinois State Treasurer Pushes for Venture Capital Boost
A new proposal in the state Senate aims to expand grant authorization powers for VC funding.
Cryptocurrency Scam Allegedly Swindles Doctors Out of $33 Million
Michael Ackerman boasted his algorithm generated monthly profits of 15%.
Will the Election Make the Stock Market Volatile?
One-third of investors in poll expect choppy prices as 2020 rolls on.
New York Invests $800 Million into Green Bonds, Private Credit
The state pension plan is incorporating sustainable investing across asset classes.