Japan’s GPIF Ends Losing Streak With 5.4% Return in Fiscal Q4
The pension giant raked in $72 billion during the quarter thanks to its public equities portfolios.
News
Deadline Is Today for 2023 Knowledge Brokers Nominations
Chief Investment Officer is asking asset allocators which consultants and advisers have ‘done right by them’ in the current market environment.
Maybe It Will Be a W-Shaped Recession
Perhaps the 2020 downturn was just Part 1, BCA Research warns.
Fully Funded Status of Canadian DB Plans Keeps Rising in Q2
Positive asset returns, combined with rising bond yields, helped boost pension funds’ solvency.
Supreme Court Will Hear Challenge to SEC Administrative Courts
The case has implications for the administrative and enforcement authority of many executive agencies beyond the SEC.
Britt Harris Steps in as Acting CEO at Texas Permanent School Fund
Veteran of state’s pension program and university system will stand in for the recently retired Holland Timmins.
Conning Acquired by Italian Insurer Generali
The U.S. asset manager, which focuses on insurance, will keep CEO Woody Bradford.
Manulife Investment Management Names Aviva’s Colin Purdie as Public Markets CIO
He succeeds Christopher Conkey, who will step down in December after more than 13 years with the firm.
CFTC Imposes $145.7M Penalty on Fraudulent Silver Scheme
The scam, ongoing since 2014, involved selling silver coins to more than 200 investors, who then leased them back in exchange for monthly payments.
Why the Bedraggled IPO Market May Be Poised For a Comeback
An encouraging second quarter, with a star offering, is stoking dormant optimism.
New York State Common Retirement Fund Invests More Than $3B in May
Notable among the pension giant’s outlays was a $1 billion investment in a fund managed by Khosla Ventures.
Ontario Teachers’ Pension Taps New Asia-Pacific Head
Bruce Crane has managed the Canadian pension fund’s infrastructure and natural resources investments in the region since 2020.
Inverted Yield Curve Nears Its First Birthday—and There’s No Recession
Some strategists say pandemic spending and other factors have severed the historic sequence.
Pension Risk Transfer Costs Rose in May
Milliman index shows that insurers’ appetite for interest-rate risk may be waning.
Re-Mixing Asset Allocation: Insurers Decrease Bonds, Then Do a Partial Reversal
The industry also is expanding its exposure to stocks and alts, amid rising rates.