UK Pension Risk Transfer Market Drops to £26 Billion in 2022
Despite decline, the British market topped £25 billion for the fourth straight year.
Despite decline, the British market topped £25 billion for the fourth straight year.
Investment losses dragged aggregate funded levels 12 percentage points lower in 2022.
The investment accounts for half of the $242 billion pension fund’s January commitments.
The sponsor of its battered bitcoin fund labels as “arbitrary” the agency’s nixing of its ETF conversion request.
Gensler defended the SEC’s climate disclosure rules at a CII conference.
Cyclical stock sectors re-take the lead, but with deliberation, as earnings weaken.
Research finds education retirement costs are significantly outpacing education spending.
The digital asset manager will become Coinbase Asset Management, with CEO Eric Peters remaining on board.
With an anxiety-prone stock market not showing a lot of lift after last year’s losses, companies are holding off on going public.
No rise in member contribution rates expected for fiscal year that starts July 1.
The nation’s Securities and Investments Commission is suing the pension fund for allegedly misleading members about sustainability.
It “makes no sense” for things to just dither along with no changes, insist Jeffrey Roach and other Wall Streeters.
Elizabeth Warren and other progressives push for a more dovish vice chair to offset Chair Jerome Powell.
The joint resolution, which President Joe Biden has said he will veto, increases the heat in the U.S. on ESG investing, and asset managers see risks.