DC Pensions in UK Will Soon Be Required to Disclose Illiquid Asset Policy
Beginning October 1, trustees must include the asset class breakdown for each of their plan’s default arrangements.
Beginning October 1, trustees must include the asset class breakdown for each of their plan’s default arrangements.
The $1.4T Norges Bank Investment Management has increased its climate expectations for more than 9,000 companies in its portfolio.
According to UVIMCO, its developed market managers ‘were not able to fully capture the strong gains seen in domestic equities.’
The pension fund increased its asset value to nearly $22.3 billion for the year that ended June 30.
Jhooty will lead the team responsible for implementing the C$575 billion pension fund’s investment framework.
The position will report to the director of emerging managers, while the pension giant is also seeking an assistant counsel for investments.
The C$249.8 billion pension fund has named Stephen McLennan acting head of investments.
The $31 billion pension fund has also issued an RFP for a custodial services provider.
The pension fund’s asset value increased by NZ$9.7 billion to NZ$65.4 billion during the fiscal year that ended June 30.