CPPIB Buys Stake in Top India Logistics Provider
Fund had allocated $7.5 billion to India, fiscal results show.
News
ExxonMobil, Shell Among 10 Oil companies Dumped By Danish Pension Fund
The move is part of MP Pension’s 2020 ESG plans, which favor the Paris Agreement.
Norway’s KLP Pressures Agribusiness, Investors to Save the Amazon
$80 billion fund seeks action to end ‘devastating environmental damage.’
CIO’s Transition Management, LDI Surveys Extended
Surveys to remain open until Sept. 20.
Alternatives Investors Say Equity Markets Have Peaked
The majority also believe private equity, real-estate markets are overvalued.
People Moves Roundup
Shakeups in Schroders, M&G’s New AsiaPac team, and more.
Adviser Charged with Defrauding NFL Players with Brain Injuries
SEC alleges Phillip Howard took advantage of ‘vulnerable investors’ to line his pockets.
Swedish Pension Fund AP2 Returns 10.7% in First Half
Despite strong return, fund fell short of its benchmark by 0.4%.
UK Firm Shuttered Over Pension Plan Mismanagement
Ecroignard Trustees was accused of investing in risky, illiquid vehicles.
Fewer Deaths May Mean Increased Pension Liabilities
Lane Clark & Peacock expects UK mortality projections to show longer life expectancies.
New York Cuts Investment Return Assumptions to 6.8%
DiNapoli says a ‘more conservative approach’ needed for lower return environment.
Senators Call for US Gov’t Pension Fund to Reverse “Short Sighted” China Investment
They say federal employees’ retirement savings will be used to fund Chinese military.
Auditor Says Kentucky Pensions Not Compliant with Transparency Laws
KRS says the report is ‘highly flawed’ and ‘unfairly slammed’ its efforts.
CalSTRS Investment Staff Wants Stock Reductions
The volatility of equity markets means CalSTRS staff wants to be less dependent on stock investments.
