US Venture Capital Firms’ China Investments Scrutinized by Congress
American VC firms invested in Chinese AI, semiconductor, aerospace and defense startups, including some blacklisted by the U.S., according to a House committee report.
News
Hotel Investing Remains Cheap as Sector’s Recovery Continues, per Expert
Morgan Stanley’s Bluhm notes that lodging deal activity is picking up amid lowering rates.
CalPERS Prepares for 2nd Round of CIO Interviews
With the CIO position vacant since September 2023, a second set of interviews will be held on February 28.
Asset Management, Admin Fees Dropped, per Recent Public Sector Pension Data
An NCPERS survey also revealed that real estate and private securities were the highest-performing asset classes for public sector pension funds.
NYC-Led Investor Group Pans Starbucks’ Workers’ Rights Assessment
According to New York City Comptroller Brad Lander, a lack of worker input was among four main concerns with the evaluation.
BlackRock’s Fink Strikes Truce With Texas
After the Lone Star State blacklisted the asset manager over a fossil fuels issue, the firm’s ESG-minded CEO offers big bucks to improve the state's power grid.
US Corporate Pension Plans Continue to Improve Funded Status in January
A rise in discount rates helped most statuses increase last month, according to multiple pension trackers.
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.
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.
