Asset Managers Elevate Serving Clients to Top Priority, Up from Cost Controls, Survey Says
Northern Trust poll asks managers to rank their leading issues.
News
Rising Nationalism, Inflation Create ‘Unique Risks’ for Sovereign Wealth Funds
Global institutional investors need to reassess conventional portfolio construction and risk management practices, analysis finds.
Investing in The Energy Transition
The many opportunities in the energy transition for allocators were discussed in a recent webinar hosted by CIO.
Why Japan Is a Good Investment Destination Now, Says Preqin
The country’s stocks are up and affordable, plus the dollar remains strong.
New AI Tool Aims to Assist Alternative Investment Managers
BlueFlame AI seeks to implement artificial intelligence in the workflow of asset managers and asset owners.
Pension Fund-Backed M&A Deals Continue to Nosedive
Transactions in Q1 totaled just under $1.3 billion, a fraction of the $15.3 billion worth of deals during the year-ago quarter.
NCPERS and CBIZ to Distribute Employee Compensation Survey
The survey is intended to help retirement systems make better recruiting and retention decisions.
South Carolina Bill Seeks to Shield Agriculture Firms From ESG Requirements
The Farmers Protection Act is the latest pushback by Republicans to prevent financial firms from applying environmental, social, and governance standards.
Nearly Half of the Largest US Pension Funds are More Than 100% Funded, Milliman Reports
Of the largest 100 corporate DB plans, none had a funded status less than 75%, according to Milliman’s annual corporate pension funding status.
NYC Pensions Negotiate Worker Safety Deals With Major Telecoms Companies
SBA Communications, American Tower, and Crown Castle have agreed to increase disclosures about tower site safety.
Magnificent Seven’s Earnings Have Peaked, BofA Says
The big tech companies’ previous cost cutting boosted profits, but that stimulus is abating, per a bank study.
Chicago Teachers’ Pension Fund Adds $2.1 Billion to Illinois Economy in 2023
Analysis finds that each dollar the $12.1 billion pension fund paid out in pension benefits generated $1.40 in economic activity in the state.
CalSTRS to Hold Second Round CIO Interviews at the End of April
The fund expects to have a candidate named by July.
Hedge Funds Had Good Returns in February, but Investors Pulled Money Out Anyway
The 2.2% investment performance did not seem to matter, although a Nasdaq eVestment report shows that the outflows were concentrated in a few large funds.