PBGC Approves Over $300 Million in SFA Funds to 3 Pensions
The struggling multiemployer plans cover nearly 2,000 participants.
News
Q1 Was a Bad Quarter for Pension Investors, Says Willis Towers Watson Report
All regions aside from Brazil had negative investment returns.
New York Common Retirement Fund Invests Over $2.7 Billion in March
Pension giant commits nearly $1.2 billion in credit investments and $1 billion in private equity funds.
Norway’s Sovereign Wealth Fund Loses $71 Billion in Q1
The fund’s investment portfolio declined 4.9% due to market volatility caused by “geopolitical turbulence.”
Black Investors Increase Saving and Investing, But Also Risk
Survey finds more saving and investing among Black Americans, but also historically low stock market participation.
Low Volatility Stocks Usually Do Well—But There Are Traps
Thinking that these are safe bets, investors don’t realize they can carry other risks, warns Northern Trust Asset Management.
Endowment Index Falls Over 6% in First Quarter
Private equity and emerging market investments weigh down the portfolio, offsetting gains by oil and gas and commodities.
Macron Wins French Election, Leaving Door Open for Pension Reform
Macron’s victory does not necessarily mean that the French public supports retirement age increases.
New York Pension Plans Launch Fight to Dislodge 2 Amazon Directors
Protesting working conditions at the e-commerce giant’s warehouses, the city and state funds urge no votes on reelecting board members.
What Worries CIOs Most? Inflation and Valuations
CaseyQuirk’s Sentiment Survey shows allocators are hustling to beat higher prices with private investments.
NewYork-Presbyterian Names Anne Dinneen as CIO and Senior Vice President
Prior to her new role at NewYork-Presbyterian, Dinneen was known for her dramatic restructuring of Hamilton College’s endowment.
Proposed Dutch Pension Reform Would Phase Out DB Plans
If passed, the law would come into effect at the start of 2023, with a transition deadline of 2027.
Slowdown Time: Corporate Insiders Dial Back Sales—and Buys
Activity in company stocks was high last year but ebbed in 2022’s first quarter, says Verity. Could be a bullish sign.
Net-Zero Pledges Aren’t as Green as You Think, Says New Study
Of the 25 asset managers studied that were members of the Net Zero Asset Manager Initiative, not a single one required companies in their portfolios to stop developing new projects with coal, gas, and oil.