Short-Term Losses Dent Norway’s Long-Term Returns
Pension giant’s 10-year return down over 2% after $112 billion first quarter loss.
News
Keep Workers on the Job, Group Demands, as Business Leaders Start to Concur
Investor group, headed by New York City Comptroller Scott Stringer, now sees the corporate world headed its way.
New Jersey Is Enlisting State Pensioners to Return to Work
The governor hopes to bolster ranks thinned by the coronavirus, letting retired workers collect regular pay without shrinking their pension payouts.
Fitch Downgrades Outlook Again as Pandemic Worsens
Agency sees ‘deep global recession,’ says immediate hit will be worse than global financial crisis.
Europeans Worry About Financial Future in Low Interest Rate Environment
A joint research paper concludes Europeans are most worried about their ability to save for retirement.
OP-ED: Getting Ahead of Structural Change After the Chaos
Shifts to consider when planning future investments.
UN Proposes $2.5 Trillion Coronavirus Package for Developing Countries
COVID-19 economic shock to developing nations even more dramatic than 2008 financial crisis.
Pennsylvania SERS Waives Minimum Required Payments from DC Plan
Permitted under the CARES Act, the provision allows portfolios to recover from stock market downturns.
Barclays Joins the Carbon Neutrality by 2050 Movement
The UK-based bank has indicated it wants to align the principles of all its financing activities with that of the Paris climate agreement.
What Bear Market? Why the More Solid Stocks May Be on the Upswing
While more overall market misery likely is in store, this bunch should be headed higher, SunTrust’s Lerner says.
Coronavirus a Boon for 2018/2019 Private Equity Vintage Funds
New funds will acquire portfolio companies at bottom of price curve.
Goldman Sachs Veteran Tapped as Japan’s GPIF CIO
Eiji Ueda will take over the $1.5 trillion plan as it pushes into foreign assets.
CDPQ Creates Fund to Support Quebec Firms Affected by Pandemic
Canadian pension giant provides C$4 billion ($2.83 billion) to help struggling businesses in the province.
OP-ED: Why Shareholder Meetings Should Go Virtual in 2020
Regulations are needed to allow for virtual shareholder meetings in the wake of COVID-19.
Corporate Pension Plans Drop to Lowest Level in 8 Years
The 79% funded status in the first quarter, an eight-point drop from last year, is the smallest since 2012.