CDPQ, Canada Growth Fund Invest in MKB Energy Transition Fund
The funds, alongside BDC Capital and IQ, will allocate C$145 million to the MKB Partners Fund III.
News
Equities Fuel Kentucky Teachers’ Pension’s 12.3% Fiscal 2024 Gains
The TRS’ annuity trust’s asset value grew to nearly $26 billion despite missing its benchmark by more than 150 basis points.
Cyber Attackers Targeted 10% of Russell 3000 Companies in 2022-23, Study Says
Many corporations outsource their IT functions, which makes them especially vulnerable, an ISS report finds.
CDPQ Returns 4.2% in First Half of 2024
The returns raised the Canadian pension fund’s assets to C$452 billion, but its performance fell short of its benchmark’s 4.6% return.
Meketa to Hold 15th Emerging Manager Conference in October
The event will be among several conferences held in 2024 that focus on emerging and diverse managers.
Arkansas Public Employees’ Retirement System Returns 10.42% in Fiscal 2024
The assets of APERS grew to $11.479 billion.
PBGC Grants $31.6M to Newspaper Drivers Pension Plan
The Ohio-based Newspaper Drivers Local 473 Plan will receive funding under the Special Financial Assistance Program.
PSP Investments CIO van Gelderen Set to Depart
The investment chief since 2018 will step aside now, with his official departure set for October 1.
STRS Ohio Returns 10.53% in Fiscal 2024
The assets of the State Teachers Retirement System of Ohio grew to $95.3 billion.
Talk of Presidential Race Showing Up on Earnings Calls
The word ‘election’ has appeared almost twice as often as it did four years ago, per FactSet.
Virginia Retirement System Returns 9.9% in Fiscal 2024
The assets of the pension fund rose to a record $113.9 billion.
Norway’s Pension Fund Global Returns 2.1% in Q2; Asset Value Rises to $1.69T
Equities were responsible for the sovereign wealth fund’s 8.6% first half gains.
Alecta Returns 7.7% in First Half of 2024
The assets of Sweden’s largest pension fund grew to $126 billion.
Study: Decline in DB Plans Widens Income Inequality Gap
NCPERS research found that increasing income inequality ‘degrades national economic growth.’
Japan’s GPIF Reclaims World’s Largest Pension Fund Title
The pension giant also released an annual survey evaluating the stewardship of its external asset managers.