Canadian Defined Benefit Plans Return 13.6% in 2019
End-of-year equities rally boosts returns for pension plan portfolios.
News
Sustainable City-Building ‘London Fund’ Emerges After Brexit Dust Settles
Three pensions pool their capital to invest in residential property/affordable housing, regeneration, digital infrastructure, and clean energy.
NY to Investigate Coal Investments to See If Green Efforts Are Improving
Move is a step in the New York State Common Retirement Fund’s overall plan to decarbonize its portfolio.
M&A Will Rise in 2020, Just Not as Fast, Survey Says
Deloitte poll finds that 63% of dealmakers look for more activity this year, down from 2019’s expectations.
More Active Managers May Make a Comeback This Year: Mercer
Hedge funds and other active strategies still play a role in diversifying risk in client portfolios, says firm’s Hyman.
Oxfam Highlights ‘Shocking’ Wealth, Gender Disparity Stats
Report finds that 22 men have more money than all the women in Africa.
Elizabeth Jourdan NextGen of the Year
Chief investment officers vote for Jourdan, who is now leading the team at Mercy, after she competes on a rapid-fire Q-and-A panel at CIO's Influential Investors Forum.
New Jersey State Pension Returns 16.35% in 2019
US equities lead strong annual showing as real estate outperforms.
Chinese Virus Could Be a ‘Black Swan Like No Other’: Moody’s
The coronavirus may be the disastrous surprise that overwhelms public health officials and slams the markets, the firm's Lonski admonishes.
NY Teachers Hires a Bunch of New Private Equity Managers in $1B Endeavor
Private equity made up 5.6% of the pension fund’s portfolio as of October, short of 6% goal.
National Australia Bank Trustees Sued for Mismanaging Pension Assets
Class action suit on behalf of 330,000 members alleges breach of duties.
Davos Report Says Climate Change Striking Harder than Expected
‘2008-style systemic collapse’ expected if human-caused CO2 isn’t halved in decade.
Charles Emond Named CEO of Quebec Pension Fund CDPQ
Head of private placements replaces Michael Sabia, who leaves after nearly 11 years.
University Endowments Gain 5.3% in 2019
However, the average 10-year return beat long-term objectives for the first time in a decade.
Small-Cap Stocks to Stay in the Wake of the Big Boys, LPL Says
While small names have done OK, they suffer from factors like a possibly weakening dollar, the firm’s John Lynch argues.