Church Pension Group Names Michael Hood CIO
Roger Sayler is retiring after nine years with the Episcopal Church’s investment manager.
News
UK Pension Reforms Aim to Boost Pensions, Local Business
The Mansion House reforms also seek to create superfunds to consolidate the ‘fragmented’ defined benefit market.
Fidelity, Brookfield Partner to Offer Private Canadian Real Estate Exposure
The alts manager will invest in a new portfolio of real estate assets in Canada.
‘Transformative’ Artificial Intelligence May Still Present Conflicts of Interest
At a talk hosted by the National Press Club, SEC Chair Gary Gensler explained that while AI presents many economic opportunities, there is also major potential for conflicts of interest.
PBGC Assists Automotive, Trucker, Retail Pension Plans
The total assistance to three multiemployer plans amounted to more than $1.4 billion.
Schroders Takes Aim at Measuring Human Capital’s Impact on Stock Returns
The U.K. asset manager created a system to gauge how the people part of a business translates to share performance.
The Nature Conservancy Adds CIO Among 5 New Investment Committee Members
The new additions will help oversee the nonprofit environment group’s investment office.
Congressional Interest in Proxy Voting Services Escalates
The House Committee on Financial Services held two hearings related to proxy voting on Thursday.
Fidelity Forms Bermuda Reinsurance Firm Focused on PRT
The reinsurer was set up to manage risk from the booming pension transfer and retail annuity markets.
International Centre for Pension Management Names 2 New Board Members
APG Asset Management’s Matilde Segarra and independent Poul Winslow will join the Canadian nonprofit’s board of directors.
Popular Private Credit Strategy Will Keep Low Default Rate, Study Says
Direct lending is projected to fare better than syndicated loans and junk bonds.
Senate, House Advance Very Different SEC, IRS Spending Bills
House Republicans support blocking the SEC’s market structure proposals, but Senate Democrats do not.
What Will Fed’s Reaction Be to Sharp Inflation Fall?
No additional rate hikes, one more, two more? Strategists ponder what comes next after the CPI news.
Singapore’s Temasek Reports 5% Loss After ‘Most Challenging Year for Markets’
Volatile markets wipe out nearly all of the previous year’s S$22 billion gain.
Corporate Pension Funding Hits Highest Level Since Financial Crisis
Strong June investment returns drive significant jump as liabilities stabilize.