Canada Pension Plan Investments Lose 0.7% in 1st Half of Fiscal 2024
The pension giant also sold a buyout fund portfolio for C$2 billion and German wind assets for C$374 million.
Pensions
GPIF’s ESG Investments Outperform Tokyo Stock Index
The Japanese government pension giant's ESG funds beat the TOPIX by 160 basis points over a 6-year period.
Navigating ESG in an Evolving Regulatory Environment
Speakers at CIO's Navigating ESG Livestream discussed what investors should expect from company reporting on ESG-related issues.
Korean Pension Giant Acquires Stake in US Private Equity Real Estate Firm
The $750 billion National Pension Service’s investment provides it with an undisclosed minority interest in San Francisco-based Stockbridge Capital.
Illinois SURS Hires Michael Schlachter as New CIO
Schlachter will replace Doug Wesley, whose retirement was announced recently.
Median Canadian Pension Plan Loses 3.7% in Q3
But median pension plans north of the border are up 1.6% year to date, according to Northern Trust.
Tepid Turnaround Seen for Alts, Once Investors’ Darlings
AUM growth decelerates and fundraising softens, Preqin reports.
Pennsylvania PSERS Reports Preliminary 3.54% Return for 2023
The $72.8 billion pension fund also launched a new strategic plan and hired an external derivatives manager.
Canada Pension Plan Increases Green, Transition Investments by 20% to C$79B
The pension fund also said its internal operations have reached carbon neutrality for scope 1, 2 and 3 emissions.
Favorable Economic Conditions Fuel Q3 Rise in Annuity Sales
Registered index-linked annuity sales hit a new quarterly record at $12.6 billion.
NYC Comptroller Urges OxyChem to Stop Importing Asbestos
The Occidental Petroleum-owned firm is the only company in the U.S. that still imports the toxic chemical.
ATI to De-Risk Nearly $1.8B in Pension Obligations
The firm will transfer 85% of its U.S. defined benefit plan obligations to Athene through annuity contracts.
CalPERS Selects Executive Search Firm to Identify New CIO
The system needs to replace CIO Nicole Musicco and hire a fourth lead investor in five years.
US Public Pension Funding Poised to Rebound in 2023 Reporting
However, only half of the state and local retirement systems exceeded their assumed rate of return for the year.
Netherlands Ranks 1st Among 47 Global Pension Systems
The 2023 Mercer CFA Institute Global Pension Index ranked pension funds around the world on adequacy, sustainability and integrity; the US got a C+.