Approval of Dual Share Class ETF Offerings Anticipated
Among ETF issuers polled by Cerulli Associates, 69% said they either already have filed exemptive relief applications, are planning to or are considering it.
News
Australia’s First Sentier Investors Names CFO, Strategy Officer
The appointment comes just as the firm prepares to launch its first ETF on the Australian Securities Exchange.
Proposed Endowment Tax Hikes Would Further Complicate University Investment Strategies
House members have proposed boosting the 1.4% endowment tax rate as high as 21%—matching the corporate tax rate.
Buffett Passes Torch After 65 Years, Offers Advice for Institutional Investors
The Berkshire Hathaway CEO announced his retirement plans at the company’s annual conference, with Gregory Abel to succeed.
Brown University Endowment Adds $5M in Bitcoin ETFs
The endowment purchased 105,000 shares of BlackRock’s iShares Bitcoin Trust exchange-traded fund.
Largest 100 Corporate Pension Plans See Strong Increases in Funding Surplus
More than half are in surplus, with 12 plans reporting a funding ratio greater than 125%, according to Milliman’s 2025 corporate pension funding study.
Public Equities Buoy CAAT Pension Plan’s 15% Return in 2024
The C$23.3 billion pension fund’s active management has outperformed its benchmark by 1.5% annually.
CalSTRS Invests in ABS Global Investments’ Emerging Markets Platform
The $3.7 billion strategy works with local specialists to target stocks in emerging market countries and regions.
ETFs See Lowest Inflows in a Year, per State Street
Investors added to gold, inflation-linked exchange-traded funds during a month of volatility.
TPG Launches Sports Investing Platform With Rory McIlroy
The professional golfer’s Symphony Ventures and the newly formed TPG Sports received an anchor commitment from Abu Dhabi’s Lunate.
Ohio STRS’ 1.5% COLA ‘Doesn’t Go Far Enough,’ Says Retirement Group
State law requires a 2% COLA unless it would impair the fiscal integrity of the retirement system.
Maryland Pension, Barings Form Partnership for Infrastructure, Emerging Managers
The Maryland State Retirement and Pension System will join forces with the asset manager to launch a $250 million real assets program.
How Companies With Frozen, Overfunded Pensions Approach the Future
Corporations are increasingly evaluating de-risking options for their pension funds, while also adding risk to their portfolios.
As Many DB Plans Reach a Surplus, Plan Sponsors Have Options
Delta Air Lines CIO Jonathan Glidden offers a peek into the internal debates.
Market Volatility, Litigation Slow PRT Deal Flow
Solutions could include consideration of plan design and lifetime income options for plan sponsors and participants.