Japan’s GPIF Seeks to Boost Excess Returns by Resuming Foreign Stock Lending
After ending the practice in 2019, the pension giant is bringing it back with added countermeasures to avoid ‘empty voting.’
Pensions
CDPQ Promotes Otéra Capital CEO to Lead Newly Consolidated Real Estate Division
Rana Ghorayeb will oversee the pension fund’s $57 billion portfolio as it consolidates its Ivanhoé Cambridge and Otéra Capital subsidiaries.
CalSTRS to Hold CIO Interviews Next Week
The CalSTRS search committee will meet on April 11 as it continues the process of hiring a successor for CIO Chris Ailman.
Unisys Announces $200M Pension Risk Transfer
The transaction is Unisys' sixth since 2021 and its third with F&G Annuities & Life.
US PRT Premiums Increase 53% From Last Year in Q4 2023
Pension risk transfer premiums hit $12.7 billion last quarter.
5 Dutch Pensions Call On Government to Lead Energy Transition
Pension funds can play a major role in the energy transition, the five funds say, but require regulatory support.
Takeaways From BlackRock CEO Fink’s Annual Letter
The longtime leader highlighted his own background as a reason to stress solutions for a looming retirement crisis.
Funded Status of Largest 100 US Public Pension Funds Rises to 78.6%
Per Milliman, it is the highest funded ratio for public defined benefit plans since May 2022.
NCPERS to Host Chief Officers Summit in June
The summit will bring together public pension CEOs and CIOs in Nashville.
NYC Pension Funds Seek Board Demographics From NextEra Energy, GameStop
Shareholder proposals filed by three funds contend that board diversity improves decisionmaking, transparency and accountability.
2nd Suit Filed Against AT&T’s 2023 PRT Deal
Selection of insurer Athene is again the focus in litigation over the telecom company's $8.05 billion pension risk transfer.
Japan’s GPIF Explores Incorporating Cryptocurrency Into Its Portfolio
The fund issued a request for information on incorporating digital assets, as well as gold, timber and other alternatives, into pension portfolios.
CalPERS Approves New Private Assets Allocation in Private Equity Push
The pension fund will increase private market assets to 40% of its portfolio, up from 33%, reducing equities and fixed income.
Mississippi PERS Opposes Bill to Change Board, Deny Employer Contribution Increase
Legislation passed by the Mississippi House of Representatives would flip the pension’s board from mostly elected by members to mostly appointed by government officials.
New York State Pension Boosts Real Estate Investments by $300M in January
The New York State Common Retirement Fund also invested $25.5 million in a fund managed by one of its Emerging Manager Program partners.