Singapore’s GIC Announces Leadership Appointments
The Sovereign Wealth Fund will see 8 senior leaders change roles or step down.
News
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.
Energy Transition and the Global South
The World Economic Forum seeks to accelerate clean energy investment and opportunities in emerging markets; sees need for up to $2.8 trillion by 2030s.
SEC Predictive Analytics Proposal Targeted by Senate Republicans
The proposal has been widely criticized by the financial industry for being too broad in its application.
SEC Private Funds Rule Challenged in 5th Circuit
The rule that requires additional disclosures from private fund advisers faced skepticism from a three-judge panel.
Chicago Teachers’ Pension Boosted Funded Status in Fiscal 2023
With returns of 9.1% for the fiscal year that ended in June 2023, the funded status increased by 400 basis points.
Slowdown in PE Exits, M&A Activity Leads to Smaller, Slower Distributions to Public Pension Funds
Some funds with significant allocations to private equity are facing a negative cash flow from PE distributions.
Japanese Pension Giant Rebounds in Fiscal Q3
The Government Pension Investment Fund’s investments returned 2.62% during the quarter that ended in December 2023, raising its asset value to more than $1.5 trillion.
Korea Investment Corp. Returns 11.6% in 2023
Equities propelled the $189.4 billion South Korean sovereign wealth funds' returns.
Rhode Island Retirement System Sues Boeing
A securities class action complaint was filed by Rhode Island’s general treasurer due to safety concerns negatively affecting Boeing’s share price.