With Corporate DB Pension Funding at All-Time High, Will Pension Reversion Transactions Increase?
Likely not, but there are opportunities for plan sponsors to take advantage of excess pension assets.
News
Verizon Announces $5.9B Pension Transfer
Insurers Prudential and RGA Reinsurance will assume obligations for 56,000 pensioners who are already receiving benefits.
Solid 4Q Earnings Tee Up Expectations for Even Better Days Ahead
Projections are for corporate profits to really burgeon in 2024, despite some downbeat economic outlooks.
SEC Finalizes Climate Disclosure Rule, Omitting Scope 3
The rule has a staggered compliance calendar for different issuers.
Korea’s National Pension Fund Rebounds With 13.6% Return in 2023, Grows to $780B
A strong performance from equities spurred a sharp turnaround from the previous year’s 8.2% loss.
Leveraged Loan Returns Rise Even as Credit Quality Worsens
The solid economy and expected rate drops are powering the risky asset class higher, Ned Davis reports.
Which Sectors Have the Best Prospects for 2024, and Which Have the Worst?
History shows that, in up markets, the three leaders for January and February go on to romp big-time, says savant Stovall. The three laggards, on the other hand …
Institutional Investors Unsure How Climate Risk Will Affect Infrastructure Assets
Only 24% of investors say existing tools are adequate for assessing climate risk impacts.
ABP Plans $30B in Impact Investments by 2030
The Dutch pension fund wants to invest across themes like climate and social impact.
S&P 500’s P/E Is Actually Lower Than Official Number, BofA Says
Changes to the market’s makeup call the validity of the multiple into question—and allow for even more market advances, per strategists.
Marketing-Rule Compliance Survey Closes April 1
IAA and the CFA Institute are conducting a survey of adviser compliance practices on the SEC’s Marketing Rule.
SEC Electronic Disclosure Bill Proposed in Senate, Vote Coming Soon in House
The legislation requires issuers to default investors into electronic delivery of disclosures currently sent in the mail, albeit after sending two annual opt-out notices.
Liu Haoling Appointed CIO of China Investment Corp.
Liu will succeed Ju Weimin in the roles of vice chairman, president and CIO of the $1.24 trillion sovereign wealth fund.
Water Utility Equities Could Be Strong Performers Amid Volatile Market
Because the need for clean water is both universal and not close to being solved, publicly traded water utilities can be excellent low-risk investments.