HSBC UK Pension Plan to Invest $328 Million in Renewables
Bank wants enough onshore solar and wind energy to power an Oxford-sized area.
News
Penn State Endowment Returns 7.8% in 2018
Performance is among the lowest reported by other major public universities so far this year.
Funded Ratio for Corporate Pensions Hits 10-Year High
The 100 largest company pension plans gained $21 billion in September.
Italy Moves to Lower Pension Eligibility Age in Budget Proposal
European Union has to approve the measure, which is aimed at making room for younger workers.
GPIF Could Use AI to Determine Manager Selection
The $1.4 trillion pension fund’s Sony Computer Sciences collaboration could help radically change the industry.
Romania to Double State Pensions by 2022
Government plans to boost pension spending to $35.2 billion in four years.
Washington State Investment Board Returns 10.04%
The returns beat pension system peers and are the result of the investment organization’s large commitment to private market investments.
Exclusive: San Francisco Pension System Approves Divestment of Five Fossil Fuel Companies
Stock of Hess Corp. will be divested along with other energy companies if they don’t justify oil and gas reserves and stop denying climate change.
Italy’s Pension Head: Early Retirement Age Idea Would Be a Costly Mess
Although the measure seeks to open up the job market to younger generations, Tito Boeri says it could increase their pension debt by ‘about 100 billion euros.’
New Hampshire Retirement System Grows to $8.87 Billion
Fund has beaten up to 90% of its peers over the past quarter-century.
IMF Cuts Outlook for Global Growth
Trade war with China contributes to downgrade for US forecast.
Fresno County Pension Fund, Royal Bank of Canada Partner for Impact Investment Venture
Deal aims to aid California county’s fixed income investments and help local businesses with government lenders.
Columbia Endowment Reports 9.0% Return for 2018
Investment gains were lowest among any Ivy League endowment.
Australian, British Pension Players Join Canadian Retirement Manager in UK Port Deal
PSP Investments sells minority stakes in Forth Ports to Cbus, First State Super, and GLIL.
Using Crowdsourcing to Dowse for Dollars
With a little effort and creativity, global tactical asset allocation can boost a fund’s returns.