Report: Trustees Leading Public Pension Funds Astray
Unaligned incentives of board members are being blamed for state pension funds’ financial woes.
Unaligned incentives of board members are being blamed for state pension funds’ financial woes.
HSBC report also finds ESG investing more common in Europe than Asia.
Total assets under management hit $722 billion, with $246 billion in dry powder.
Survey finds size matters regarding defined contribution plan governance.
Pension reform is expected to cost $34 billion, not $100 billion as suggested in preliminary forecast.
Report says endowment’s $1 billion global land grab has displaced communities and hurt the environment.
Survey finds growing number of financial advisors need outside help.
Rising equities were offset by a falling discount rate during the month.
Survey finds investors willing to leave funds that invest in fossil fuel projects.
Active membership of DC plans rise, as membership in DB plans falls.
UK public fund says DC plans should take advantage of private credit.
AUM for world’s largest pensions rise more than 15% in 2017.
Decline comes one month after becoming fully funded for the first time in a decade.
Despite mediocre returns in 2018, most investors are optimistic about the next 12 months.
However, Moody’s says strong 2017, 2018 returns will lead to a drop in liabilities.