CalSTRS Achieves 7.7% Return in 2024, Assets Reach $349.7B
Returns for the California State Teachers’ Retirement System were boosted by equities.
Pensions
Ontario Teachers’ Makes Nearly 8-Fold Gain From C$4.6B Amica Sale
The pension fund acquired the luxury senior homes operator in 2015 for C$578 million.
South Korean Pension NPS Rakes in Record 15% Gain in 2024
The National Pension Service’s second consecutive all-time high annual return raised its asset value to $830 billion.
Stanford Launches 2nd Long-Term Investing Fellowship Cohort
The one-year rotational program will see fellows learn, research and work at Stanford and the California Public Employees’ Retirement System.
Florida SBA Files Complaint Against Target for LGBT Pride Campaign
The state pension manager accuses the retailer of exposing itself to losses for its ‘ESG and DEI’ initiatives.
CDPQ Assets Grow to $328B With 9.4% Return
In 2024, equities, private equity and infrastructure drove the Québec pension fund’s performance.
UK Pension Replaces State Street With Invesco, Amundi for $35B Mandate
The $40 billion People’s Pension’s moved the vast majority of its assets away from State Street Global Advisors to stay aligned with the fund’s responsible-investment policy.
PBGC’s SFA Program Boosts Multiemployer Funded Level to 97%
Without the $16 billion in special financial assistance from the Pension Benefit Guaranty Corporation, the plans’ funded level would have ended 2024 stagnant, per Milliman study.
OMERS Returns 8.3% in 2024, Assets Grow to $96.67B
The Ontario Municipal Employees’ Retirement System reported strong returns from equities and private credit.
Public Pension Plans Reach 5-Year High of 83.1% Funded
The funds returned 9.47% in fiscal 2024, according to a National Conference of Public Employees Retirement System study.
Canada’s CDPQ Inks Another Alternative Energy Deal
The pension fund has launched a joint venture with the Mohawk Council of Kahnawake to invest in renewable energy infrastructure.
Swedish Pension Fund AP2 Returns 8.2% in 2024
The investment performance raises the pension’s asset value to $42.9 billion.
Climate Advocacy Group Rates Canada’s Largest Pensions
From CDPQ’s B+ all the way down to AIMCo’s F, Shift graded Canadian pension funds on their decarbonization efforts—or lack thereof.
Foreign Equities Spur Japan GPIF’s Q3 Rebound
After a dismal second quarter, the pension giant posted a 4.3% return to raise its asset value to $1.69 trillion.
AP3 Returns 10.3% in 2024, Assets Rise to $51.8B
The Swedish pension confirmed its return to investing in emerging markets last year.