The consultant firm will employ the superannuation fund’s investment team and manage its portfolio, while the fund will take a ownership stake in the firm.
While companies have gained flexibility, Oregon’s treasurer is worried about consequences and termed the Securities and Exchange Commission’s decisionmaking process ‘atrocious.’
Assets of the Pennsylvania State Employees’ Retirement System stood at $40.4 billion.
The Reserve Bank of Australia’s new Financial Stability Review also emphasized the importance of building resilience to financial and cybersecurity stress.
