CalSTRS, HESTA Invest in Generate Capital’s Sustainable Infrastructure Platform
The institutional investors join AustralianSuper, among others, in the latest capital raise, which brought in $1.5 billion.
News
Allocators Condemn UK Regulator’s Plan to Limit Investor Approvals
As it stands, shareholders must assent to M&A or related-party deals. But the FCA wants to ease listing requirements to stem companies decamping to New York exchanges.
Institutional Investor Group Urges Asset Managers to Deliver on Climate Strategies
A U.N.-backed alliance with $9.5 trillion in AUM warns that the entire global economic system is at risk from climate change.
Oregon Plans for Net Zero Portfolio by 2050
Significant climate investments aim to reduce the portfolio’s carbon emissions by 60% by 2035.
U.S. Large-Cap Equities Drive Mass PRIM’s 11.4% Return in 2023
The Massachusetts state pension fund fell just short of its benchmark, as its asset value grew to more than $100 billion.
What Could Go Wrong? 5 Black Swan Scenarios for 2024
BCA Research sketches out how such events could roil the markets—and the world.
Singapore’s GIC Announces Leadership Appointments
The Sovereign Wealth Fund will see 8 senior leaders change roles or step down.
US Public Pension Funds Sensitive to Market Correction, per Fitch Report
Investment volatility has re-emerged as a concern for pension plans.
Is Private Credit Starting to Show Some Stress?
A pair of global lenders have disclosed bad private credit deals in recent weeks, spotlighting the need for due diligence in the sector.
SEC Finalizes Liquidity Dealer Rule
The rule would require unregistered liquidity providers to register as dealers with the SEC.
Shell Closes $4.9B Pension Risk Transfer With Prudential
The pension obligations cover 21,500 of the company's retirees, the first large PRT transaction in the U.S. this year.
Texas Permanent School Fund Appoints Stu Bohart as Deputy CIO
Bohart will oversee strategic partnerships and the fund’s absolute return portfolio.
What Monetary Policy Means for Portfolio Returns
Public pension allocators talked Fed predictions, portfolio strategies and uncorrelated assets in a webinar hosted by CIO.