UK’s Largest Pension Buys $531M Worth of Homes From Blackstone Joint Venture
The Universities Superannuation Scheme has acquired a portfolio of 3,000 shared-ownership residences from Sage Homes.
News
Pressure Mounts on Public Pension Funds to Divest Chinese Investments
State and federal legislation aims to prohibit public funds from investing in the country.
Higher Military Outlays Are Boosting Defense Stocks—With More Upside Ahead, Say Strategists
In the US, members of both parties back a boost in Pentagon spending. The consensus is similar for military-related outlays in Japan and Europe.
NFL Will Allow Private Equity Stakes; These Funds Are Likely to Invest
The National Football League has vetted a short list of firms who will be allowed to purchase stakes in its teams.
Maryland Retirement Agency Hires Deputy CIO
Thomas Kim has joined the $67.7 billion Maryland State Retirement and Pension System.
Crown Holdings to Transfer $740M in Pension Liabilities to MassMutual
The packing products supplier will offload liabilities for 12,000 plan participants.
SEC Postpones Mutual Fund Swing Pricing and Hard Close Proposals
The regulator's decision offers relief to mutual fund managers, despite some added reporting requirements.
Active Investing Will Boost Endowment Growth Over Other Institutional Investors, Cerulli Forecasts
A new report projects endowment assets will grow 7.9% over the next five years, compared with 4.7% and 4.2%, respectively, for public and corporate defined benefit plans.
New York State Common Makes Climate Deals With 5 Portfolio Companies
The agreements with five portfolio companies include energy transition reporting disclosures.
Dave Zellner Appointed Executive Chair of FaithInvest
Zellner recently retired after 27 years as CIO of Wespath Benefits and Investments.
Macalester College Endowment to Outsource Investment Management
The school is shuttering its internal investment office and transferring its duties to management firm Investure.
Where Is the 10-Year Treasury Yield Headed? It’s Hard to Say
As the Fed prepares to lower short-term rates, the T-note confounds predictions due to its recent volatility.
New York State Pension Earns 1.4% in Q1 of Fiscal 2024
The New York State Common Retirement Fund’s asset value remained unchanged at $267.7 billion due to $4.2 billion in payouts.
NBIM Commits 900M Euros to Renewable Energy Fund
Copenhagen Infrastructure Partners CI V will invest in wind, solar energy, energy distribution and storage.
TMRS Appoints 3 New Private Market Leaders
Philip Hunter O’Brien, Amol Deshpande and Isidora Stankovic are joining the $40 billion Texas fund.