Sovereign Wealth Funds’ Views on Climate Evolving Rapidly
Report finds tenfold jump in SWFs that see addressing climate change as consistent with their mandate.
News
Korean National Pension Fund Loses More Than 8% in 2022
Despite downturn, the $684.5 billion fund’s losses were offset by an increased allocation to alts.
SEC Proposes Updates to Cyber and Data Security Rules
One new rule from the SEC would update Reg SCI; the other would update Reg S-P, both to require more timely reporting of data breaches.
A New ‘Blueprint’ for Increasing Equity in Investing—and Why It Matters
Authors present their new Investor Blueprint for Racial and Economic Equity at NY Fed event.
Notre Dame Endowment Loses 6.9% in 2022
While a far cry from 2021’s 53.2% return, the pool outperformed its benchmark by 660 basis points.
19 Republican States Create Anti-ESG Alliance
The coalition led by Florida Governor Ron DeSantis outlined its policy goals in relation to ESG.
Robert Wood Johnson Foundation Hires May Ng as New CIO
The investing chief at the Annie E. Casey Foundation replaces Brian O’Neil, who retired.
Sweden’s Largest Pension Loses More Than $1 Billion to U.S. Banking Crisis
Alecta says it held talks with Silicon Valley Bank in 2022 about liquidity concerns.
CPPIB, Silver Lake Acquire Qualtrics for $12.5 Billion
Canadian pension giant and private equity firm will buy out SAP’s majority stake for $18.15 per share.
Allocators Need to Adopt More Technology for Investing, Says PSP Strategist
Artificial intelligence is available to find insights in vast reams of data, Herman Bril argues—so use it, already.
Former Aramco Alts Head Joins CalPERS as Private Markets DCIO
Daniel Booth will oversee the $442.6 billion pension fund’s private equity, real assets and private debt.
UK Pension Regulator Targets Plans for Climate, ESG Non-Compliance
TPR is warning trustees they could be fined up to £50,000 if they don’t provide key ESG data.
Connecticut Bill Would Allow Cities to Tax Private College Endowments
Yale’s $41.4 billion endowment could be targeted by the city of New Haven if the proposed legislation passes.
Corporate Pension Funding Ratios See Slight Increase in February
Volatile equity market performance mostly offset the impact of lower liability values in February, resulting in a modest boost in corporate pension funded ratios.
How to Navigate Pension Risk Transfers, per 2 Experts
Shipping off DB assets and beneficiaries to insurers can be a tricky business. What about those private equity holdings?