CDPQ, FTQ Invest $424M in Québec Energy Provider
The financing will assist Énergir in developing renewable energy projects.
News
Global Pension Assets Rebounded in 2023 With 10% Gain
Assets of the largest 300 pension funds reached $26.2 trillion, according to WTW.
Immigration Critics Overlook the Good It Does, per State Street
The worker influx has led to moderate wage growth and thus held down inflation, according to the firm’s Arone.
Final Settlement Hearing Set for December in Class Action vs. Uber
The Boston Retirement System is a class representative of investors seeking a $200 million settlement from the ride-share giant for false statements connected with its 2019 IPO.
Texas Tech Endowment Recruiting Chief Technical Officer
The technology chief will support the university system’s investment operations.
Sports Investing Presents ‘Game Changer’ for Institutional Investors, per PGIM
Investors continue to pour into sports, buying teams and broadcasting rights from multiple leagues.
Pension Risk Transfer Market Reaches $26 Billion in Transaction Volume in H1 of 2024
In the U.K. and U.S., large plans are increasingly seeking PRTs.
Nail-Biting Time for Stock Market as Jobs Report Looms
The August employment-growth tally, to be unveiled Friday, has investors on edge.
Michigan Pension Fund Files Complaint Against ZoomInfo
The City of Pontiac Police and Fire Retirement System alleges the software and data company made misleading statements.
Stocks Way Overvalued by Any Metric, Per Study
Ned Davis Research shows that various ways of gauging price-to-earnings ratios demonstrate equities reaching historically high levels.
Broad Foundation Appoints Greg Outcalt as CIO
He succeeds Katharine Krieger as investment chief of the $2 billion foundation.
Annual Return for Australia’s Future Fund Termed ‘Very Strong’
A 9.1% return in fiscal 2024 added A$18.8 billion to the sovereign wealth fund’s portfolio.
Small-Cap Stocks Usually Surge in Presidential Years—but Not This One So Far
Large-caps continue to dominate, upending the historical pattern, as outlined in a Royce study.
CPPIB, Blackstone Acquire Australian Data Center Operator
The duo will purchase AirTrunk from a consortium of investors.
CFA Institute Appoints 4 New Members of Board of Governors
Marshall Bailey was appointed as chair of the governing body.