UK Regulators Warn Pensions to Check Data After Capita Breach
TPR, FCA and ICO are urging Capita clients to find out if any of their data has been stolen.
News
Illinois Nears Completion of Statewide Police Pension Consolidation
IPOPIF CIO Kent Custer reported that 324 of 357 pension funds have consolidated, totaling $9.1 billion.
Comment Period for SEC’s New Safeguarding Rule Expires Monday
The rule would apply beyond securities to assets such as cryptocurrency and commodities.
Institutions Log Second Consecutive Quarter of Positive Returns
After a punishing 2022 ended on a slight upswing, allocators posted a 4.1% increase in this year’s first period, per a Northern Trust study.
Mercer Promotes Kruse to Head of US OCIO Business
Kruse had worked at Willis Towers Watson for more than 15 years before joining Mercer in 2021.
Data Tells the Story: Jitters Along the Curve
Three-month T-bills are yielding more than the five-year Treasury.
SEC Adopts Amendments to Form PF
Certain hedge fund and private equity fund advisers will now have to report specific triggering events to the SEC.
PBGC Bails Out Service, Manufacturing, Transportation Pension Funds
The three plans will receive more than $600 million for back payments and to protect their solvency through 2051.
CII Opposes Admitting Dual-Class Stock to S&P Indexes
The April scrapping of a 2017 ban cleared the way for the likes of Blackstone to join the S&P 500.
DeSantis Signs Florida Anti-ESG Bill Into Law
Governor hopes to provide a ‘blueprint’ for other states looking to prohibit sustainable investing.
New Zealand Super Fund CEO Will Step Down at End of Year
Matt Whineray will leave the $39 billion pension fund after more than 15 years.
Stocks Are ‘Perfect Hedge’ Against Inflation, Siegel Says
Economist and Wharton School professor Jeremy Siegel likes stocks as the safest investment this year.
Yorkshire and Clydesdale Bank Pension Signs $2 Billion PRT Deal
The pension fund’s longevity swap agreement covers £1.6 billion in liabilities.
Equity Investments Fuel 5.9% Q1 Return for Norway’s Sovereign Wealth Fund
The pension giant also excluded two firms for ‘serious violations of individuals’ rights’ in Myanmar.
Jobs Slowdown May Finally Be Happening—So Then the Fed Can Back Off
Vacancies shrink and Friday’s employment report may aid the deceleration narrative.