Investors Mixed on AI Helping, Replacing Jobs in 2025
Tech has low adoption, but Fidelity’s CIO says it’s ‘still early days.’
Research
GPIF Could Use AI to Determine Manager Selection
The $1.4 trillion pension fund’s Sony Computer Sciences collaboration could help radically change the industry.
IMF Cuts Outlook for Global Growth
Trade war with China contributes to downgrade for US forecast.
Using Crowdsourcing to Dowse for Dollars
With a little effort and creativity, global tactical asset allocation can boost a fund’s returns.
UK DB Pensions Increase to 97.7% Funded
Aggregate deficit of nearly 5,600 plans plunges more than 65% in August.
Canadian DB Pension Funds’ Cup Runneth Over
Funded status of Canadian plans surges well above 100% in Q3.
S&P 500 Pensions Approaching 91% Funded
Increased discount rates, global equity returns generate uptick in the ratios for plans in the index.
Report: Trustees Leading Public Pension Funds Astray
Unaligned incentives of board members are being blamed for state pension funds’ financial woes.
ESG Strategy Varies by Region, Disclosure Still Needs Progress
HSBC report also finds ESG investing more common in Europe than Asia.
Asian Private Equity Funds Make Up 25% of Global Assets
Total assets under management hit $722 billion, with $246 billion in dry powder.
Smaller DC Pensions Struggle to Demonstrate Value
Survey finds size matters regarding defined contribution plan governance.
CBO Finds Butch Lewis Act Costs Much Less than Expected
Pension reform is expected to cost $34 billion, not $100 billion as suggested in preliminary forecast.
Harvard Farmland Acquisitions Criticized as Unethical
Report says endowment’s $1 billion global land grab has displaced communities and hurt the environment.
Advisors Increasingly Turn to External Asset Managers
Survey finds growing number of financial advisors need outside help.
S&P 1500 Pension Funded Status Treads Water in August
Rising equities were offset by a falling discount rate during the month.