Barclays’ UK Retirement Fund Closes $8.1 Billion Longevity Risk Deal
The pension fund aims to hedge against any unexpected rise in life expectancies.
News
NBER Study Reviews Corporate Governance Implications of Indexing
As passive fund assets totaled $5.743 trillion in the U.S. in 2021, academic research explores how passive funds employ investment stewardship.
Remember When We Thought it was Transitory?
Principal’s Jablonski sketches out why rising interest rates are investors’ friends in 2023.
What Risks Worry Financial Pros the Most?
The market’s course is their chief anxiety producer, a Bloomberg survey finds.
Stagflation Fears Have Pensions, Sovereign Wealth Funds Eyeing Alts
Facing an economic slowdown and higher inflation, institutional investors are turning to real estate, infrastructure.
Inverted Yield Curve Passes Danger Line
With the spread between short and long rates upside down for more than 15 straight trading days, that portends a recession for sure by August, Bespoke warns.
Recession Be Damned: Why Mike Mayo Thinks U.S. Bank Stocks Will Do Well
Bank of America and others should surge 50% next year, gadfly analyst says.
SEC Proposes Four New Rules, Adopts One
The new rules would change the way securities are traded and the enforcement of insider trading.
WTW Backs Hibernation, OCIO, ESG and Diversification in Recommendations for 2023
Report outlines seven moves pension funds should be making in an uncertain economic climate.
Alberta Investment Management Names Marlene Puffer CIO
Puffer will oversee public and private investments for $110 billion Canadian investment manager.
Howard Marks: A ‘Sea Change’ Has Come to Investing
Risk aversion and higher rates are now embedded features, which has big implications, the celebrated investor says.
UK Corporate Pension Funds Stabilize in Bond Meltdown Aftermath
Meanwhile, in the US, corporate pension funding levels declined in November.
Strong November for Equities Yields Lower Pension Funding
Most gauges of U.S. corporate pension health remained fully funded in November, even as they dropped from higher levels earlier in the year, data showed.
PennSERS Investments Lose More Than 16% During First Three Quarters
The pension fund’s market value has fallen by more than $7.4 billion as of Sept. 30, despite outperforming its benchmark.
As CPI Dips, Investors Are More Optimistic than the Fed on Rates
With the Fed meeting on Wednesday, the futures market continues to believe the central bank will ease soon. Perhaps unwisely, says LPL.