Seattle, Austin Pension Funds Seek Investment Consultants
SCERS and COAERS have both issued RFPs for consultants with terms starting in the new fiscal year.
News
Ontario Teachers’ Promotes McLennan, Brown to CIO
The Canadian pension fund fills its CIO vacancy with two internal promotions and adds a new strategy role.
Agricultural Interests Voice Opposition to SEC Climate Disclosure Proposal
The agricultural industry has long been among the chief opponents of climate disclosure, particularly scope 3 disclosure.
Abu Dhabi, Dutch, Indonesian Funds Invest in Major Southeast Asia Highway Project
The investments are the first under a 2021 agreement establishing Indonesia’s first toll road investment platform.
Overstated Shelter Costs Pump Up Reported Inflation, Says Sage
The government blamed the recent upsurge on rising housing costs, but that’s hooey, Barry Ritholtz charges.
US Corporate Pension Plans Ended 2023 at Record Funding Levels
A December stock rally outpaced the bond sell-off, improving funding in most pension measures.
UK’s PPF Appoints Michelle Ostermann as CEO
Ostermann will move from PSP Investments in Canada in April to succeed Oliver Morley, who moved to MaPS.
Why Battered Biotech May Be Turning Around
This cyclical sector has suffered, post-pandemic, but signs of a recovery are appearing.
Institutional Investors Will Focus on Fixed Income in Search of Alpha, per Aeon Investments
Of surveyed institutional investors, 94% reported they will seek to increase holdings in the asset class.
Anti-ESG Politics Affects Names More Than Strategies
While campaigns may have succeeded in shifting ESG naming conventions, their impact on actual investing strategies has been far more muted.
BofA Still Positive About 4Q 2023, as Other EPS Estimates Deflate
The pessimistic takes come after the third quarter’s rebound from the earnings recession.
BlackRock’s Purchase of GIP Deepens Its Alts Exposure
Global Infrastructure Partners adds $100 billion in assets to the finance giant.
CalPERS Expects to Hold 1st Interviews for Vacant CIO Position Next Week
The selection subcommittee will meet between January 17 and 19.
Goldman: US Is the Place to Invest in 2024
The nation’s stocks out-run everyone else’s, and should continue to, per the firm’s outlook.
London CIV Appoints Aoifinn Devitt as CIO
Moving from a CIO position in the U.S., Devitt’s appointment is effective January 15.