Asset Allocation
Allocators, Other Investors Divided on ESG Success
A survey finds them split over whether environmental, social and governance investments perform better or the same as others.
News
Corporate Moves
Brookfield Asset Management Unit Closes Deal to Sell 49% of Westinghouse to Cameco
Brookfield Business Partners bought the nuclear tech company out of bankruptcy in 2018 for $4.6 billion, while this deal values the company at $8.2 billion.
Regulation
Proposed Senate Bill Requires Chinese Investment Disclosures for Private Funds
The legislation would also cover investments in Russia, Iran and North Korea.
Pensions
US Corporate Pension Funding Status Keeps Climbing
After another month in which funded status improved, according to most projections, some models reached their highest points in more than a decade.
Asset Allocation
Allocators Increasingly Shying Away From Risk, Survey Says
Almost half are slowing and one-third are lowering exposure to stocks and other risk assets, per CoreData.
Asset Allocation
ESG-Related Disclosure Will Inform Investors’ Future Focus
Panelists at CIO's Navigating ESG Livestream discussed how corporate sustainability regulations coming to Europe next year will affect companies and investors globally.
Regulation
Should SEC’s Rule 605 Come Before Other Market Structure Proposals?
Of the four market structure proposals, Rule 605 is the most popular, and some argue it should be implemented ahead of the others.
Market Moves
RIP Earnings Recession: 3Q Reports Turn Positive
The S&P 500’s EPS had three down quarters in a row, but now analysts are growing more optimistic.
Asset Allocation
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.
Asset Allocation
New York State Pension Commits More Than $1.3B in Investments in August
The majority of the month’s investment commitments were earmarked for the pension giant’s real estate portfolio.
Regulation
PBGC Updates Mortality Tables for 2024
The tables are used for calculating withdrawal liability and missing participant program transfer amounts.
Corporate Moves
BlackRock to Develop World’s Largest Direct Air Capture Plant With Occidental
The asset manager is investing $550 million in a joint venture with the oil and gas giant’s 1PointFive subsidiary.
Asset Allocation
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.
Asset Allocation
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.
Risk
WeWork’s Impact Will Be a ‘Bloodbath’ for Office Space
The market already was in poor shape before the Chapter 11 filing, strategists say. Now this.