Pensions
Norway’s Largest Pension Firm Divests from 16 West Bank-Linked Firms
KLP says the companies pose an ‘unacceptable risk’ over alleged human rights violations.
News
Pensions
Japan’s GPIF Finds Portfolio Firms Proactive on ESG Disclosure
A report from the pension giant reveals a ‘virtuous cycle’ of providing non-financial information.
Regulation
Supreme Court to Hear ERISA Excessive Fee Case
The lawsuit seeks to define what ‘care, skill, prudence, and diligence’ really mean for fiduciaries.
Pensions
AustralianSuper, LUCRF Super Plan to Form $173.8 Billion Investor
The merger would consolidate the country’s first and largest superannuation funds.
Penn SERS Returns 11.1% in 2020
Investment performance for the $35 billion pension fund fell short of its benchmark and a sample 60/40 fund.
Opinion
Op-Ed: The Foundation of a Balanced Portfolio May Be Shifting — Here’s What to Look For
Noah Weisberger, with PGIM, lays out three scenarios for how Fed and fiscal policy could change the way bonds act to hedge equity risk.
Pensions
AustralianSuper Jumps Record 20.4% for 2021 Fiscal Year
The allocator will maintain a pro-growth stance with listed shares and private equity in its portfolio.
Pensions
Japan’s $1.7 Trillion Pension Giant Breaks Record, Returns 25% in 2020
Red hot equities help the world’s largest pension fund rake in $339 billion in investment gains.
Asset Allocation
GIC Invests $1 Billion into Grifols’ Plasma Business
The funding buys the Singapore sovereign wealth fund a minority stake in the health care firm.
Research
Which Companies Have the Most Open Records for ESG Reporting?
A Booth School study has some surprises in its survey of S&P 500 sustainability disclosures.
Corporate Moves
Canadian Universities Launch Jointly Sponsored Pension Plan
The University Pension Plan unites 35,000 members and five pensions into one plan with assets of C$10.5 billion.
Market Moves
Welcome Big Tech Back to the Head of the Class
Amazon, Microsoft, and the gang are posting better returns and will keep on rising, says Barclays.
Regulation
British Steel Pension Adviser Barred for 13 Years
Darren Reynolds advised nearly 300 clients to transfer out of their pensions and into high-risk investments.
Investment Firm Owner Guilty of Insider Trading, Fraud Scheme
Donald Blakstad allegedly used material nonpublic information to rake in over $7 million
Market Moves
Calm Corporate Bond Market Shows Everything Is OK, Says LPL
Tight spreads to Treasurys plus low yields show investors aren’t worried about the economy, strategist Gillum finds.