Royal Mail, Union Reach Pension Deal
Tentative agreement ends months-long dispute between the postal service and its main union.
News
Voluntary Pension Contributions Surge in New Year
More than a dozen public companies announced nearly $8.5 billion in contributions last week.
CPPIB, Longfor Properties to Create Mixed-Use China Real Estate Projects
Shanghai, Chengdu developments to provide residential, commercial use.
IMF Upgrades Global Growth Forecast
Report says global growth has had broadest upsurge since 2010.
PPGM Considers Increasing Disaster Insurance Exposure
Dutch fund’s ILS class experienced 7% annual returns, senior investment manager reveals.
Technology Takes Center Stage at CalPERS
Ranadivé tells CalPERS to look for opportunities ‘outside of comfort zone.’
UK Pension Scammers Ordered to Repay £13.7 Million
Friendly Pensions conned 245 victims over a two-year period.
Soros Rips Facebook, Google at Davos
Warns of Orwellian levels of control if more stringent monopoly policies are not applied.
San Francisco Creates Reduced-Carbon Portfolio
Fund will be weighted towards companies that are more environmentally friendly in their carbon usage.
Connecticut Coalitions Collide on Pension Changes
Bipartisan commission is conducting public hearings to determine pension solutions.
PLSA Adds Sustainability Section to Pension Governance, Voting Guidelines
Updated guidelines recommend pension funds not support board re-election without climate change risk assessment, response to business effects.
NCPERS Study Reports Solid Year for Public Pensions
Employer contributions up 4%.
Study: Private-Equity Buyouts Stay Strong Globally in 2017
Deals on par with 2016, totaling $347 billion, Preqin researchers say, with most action in North America.
San Francisco Approves Scaled-Back Divestment Plan
The plan also calls for the hiring of a director of socially responsible investing.