News

After a lean season, a bevy of excitement-generating deals is in the pipeline, headed by Instacart.

Hazards are already apparent for many institutional investors in infra funds, says French business school EDHEC.

Distress in the high-yield market often is a sign of pending trouble. But economists are backing off of their recession forecasts.

Brad Lander warns that a prolonged work stoppage may harm the ‘long-term stability' of investments held by the city’s pension funds.

Canada’s second-largest pension fund raised its portfolio’s asset value to C$424.2 billion.

The fund’s asset value rose to $254.1 billion, a big improvement from the prior-year period.

Strong gains from public equity investments raise the portfolio’s asset value to $65.2 billion.

The C$250 billion pension fund also netted a 4.8% return for the 12-month period that ended June 30.

Ratings drops affect Comerica and KeyCorp, following Moody’s negative actions on lenders two weeks ago.

Environmental and social resolutions boosted the number of filings this spring, ISS says, while anti-E&S resolutions also shot up.

Despite the investment loss, net transfers helped raise the Canadian pension giant’s asset value to C$575 billion.

The $72 billion pension fund aims to reduce risk by cutting back its allocations to private markets and absolute return.

Companies that sold their plan liabilities to insurers set records for dollar volume and deal numbers in the first half of 2023, per an Aon study.