News
South Carolina Bill Seeks to Shield Agriculture Firms From ESG Requirements
The Farmers Protection Act is the latest pushback by Republicans to prevent financial firms from applying environmental, social, and governance standards.
Nearly Half of the Largest US Pension Funds are More Than 100% Funded, Milliman Reports
NYC Pensions Negotiate Worker Safety Deals With Major Telecoms Companies
SBA Communications, American Tower, and Crown Castle have agreed to increase disclosures about tower site safety.
Magnificent Seven’s Earnings Have Peaked, BofA Says
Chicago Teachers’ Pension Fund Adds $2.1 Billion to Illinois Economy in 2023
Analysis finds that each dollar the $12.1 billion pension fund paid out in pension benefits generated $1.40 in economic activity in the state.
Kathleen Lutito, Lumen Technologies CIO, to Retire in May
Flora Hedrick will be the new CIO.
CalSTRS to Hold Second Round CIO Interviews at the End of April
Hedge Funds Had Good Returns in February, but Investors Pulled Money Out Anyway
The 2.2% investment performance did not seem to matter, although a Nasdaq eVestment report shows that the outflows were concentrated in a few large funds.
Alecta Reports 5.9% Q1 Return After Losing Billions on Regional Banks
The End of Easy Money: Institutional Investors and the Private Markets
It will take time for the system to work through what is effectively a liquidity queue.
AIMCo Achieved 8% Balanced Fund Return in 2023
Tech Stocks Lead Norway’s Pension Giant to 6.3% Return in Q1
Equities help spur the $1.6 trillion Government Pension Fund Global’s nearly $110 billion investment gain during the quarter.
Private Credit Could Threaten Financial Stability, Create Huge Losses, IMF Warns
Pension funds, sovereign wealth funds, insurance firms and family offices ‘could be caught unaware by a dramatic rerating of credit risks across the asset class.’
What Does Moody’s Bad Outlook for 3 Key BDCs Mean for Private Credit?
Maybe not much. The business development company stock index has kept climbing, regardless.