The country’s state pension buffer says government institutions should swap fossil fuels for alternative energies in the next 10 years.
Untapped public assets could contribute ‘many billions of dollars’ to underfunded pensions.
Stocks drive most of the Japanese mega-fund’s gains.
The rich get richer as total assets under management of 500 largest managers nears $94 trillion.
Ousted Oleksiy Zarudnyi blamed for pension payment delay in July.
Activist groups, Altmann disregard Parliament’s ‘gender equality’ measure.
Most disgorgement payments came from the Petróleo Brasileiro SA case.
Wilshire Consulting’s managing director calls the month’s 1.9 percentage point dip the ‘largest pull back’ since June 2016.
Private equity, real estate, and natural resources funds also represented.
Pension plan’s chief says the $51.7 billion retirement system’s good investment returns aren’t enough to overcome unfunded liabilities.
ASOP 51 requires looking at potential risks to plan’s future financial condition.
US equities help boost pension fund’s total market value to $1.02 trillion.
Providing pensions to public workers in Silicon Valley’s largest city doesn’t mean investing in venture capital. The plans now are looking at whether they are missing an investment opportunity.
Doug Brown will replace Boeing’s Andy Ward, who will remain on the board.
Reaches all-time high of $8.2 billion, but misses 8.3% median return among colleges and universities.