Long-Ignored Dividends Will Rise, Says Jefferies
Stock buybacks are expected to shrink, leaving room for more payouts, the firm believes.
News
FirstEnergy Transfers 2,200 Retiree Pensions to Insurers
Legal & General Retirement America and RGA Reinsurance took on $700 million in pension liabilities.
SEC’s Climate Risk Disclosure Rule Faces 3 Lawsuits Within 1 Week of Finalization
The two initial complaints were filed by 19 Republican-leaning states and, separately, the Sierra Club.
Lockheed Martin Sued Over Pension Risk Transfer With Athene
The plaintiffs allege Lockheed did not choose the safest annuity provider after AT&T was sued earlier in the week for making a similar deal with Athene.
IPOPIF Searching for Emerging Markets Debt Manager
The fund hopes to find a candidate by September 13.
AT&T Sued Over 2023 Pension Annuitization With Athene
Beneficiaries' suit claims telecom company 'turned its back on its retired workers' in risk transfer deal.
Abu Dhabi Launches Artificial Intelligence Tech Investment Vehicle MGX
The $100 billion fund’s founding partners are sovereign wealth fund Mubadala and AI company G42.
Proposed Massachusetts Endowment Tax to Hit Harvard, MIT, 11 Other Schools
The 2.5% excise tax would target private institutions in the state with endowments of at least $1 billion.
HOOPP Returns 9.8% in 2023
The Healthcare of Ontario Pension Plan saw strong returns from public and private equities.
Record $3.2 Trillion in Unsold Private Equity Assets, Bain Reports
PE firms hold onto overpriced assets for longer, constraining distributions to LPs, but Bain sees a light at the end of the tunnel.
Corporate Pension Funding Levels Skyrocket in February
A majority of the largest U.S. corporate pensions are at their highest levels in decades, according to a number of pension trackers.
Ontario Teachers’ Returns 1.9% in 2023
Losses in infrastructure and real estate offset strong equity returns for the fund.
Tall Order: Bulls Hope Reddit’s Fledgling Stock Will Lift the IPO Curse
Previous supposedly hot offerings, like Instacart, did nothing to help the tattered new-issue market.
Carried Interest, Stock Buybacks, Other Tax Increases Included in Biden Budget Proposal
The other tax increases would include higher minimum taxes on billionaires and corporations.
Malaysia’s KNB Announces 2023 Returns
The sovereign wealth fund’s profit last year was more than three times that of 2022, as its total assets grew to $14.1 billion.