Research firm overweights equities and bullion, amid pending rate drop.
More than $400 million of the investment was made within the pension fund’s real estate portfolio.
Factor in risk adjustments and fees, and this fast-growing asset class’s high returns get whittled down, an academic paper finds.
The independent committee needs representatives of pensions and mutual funds to bolster investor protection.
Roth joins the $1.2 trillion asset manager after almost a quarter-century at Morgan Stanley.
Carbon footprinting and climate scenario analysis are among several methods SWFs now use, a survey finds.
A bill already passed by the Mississippi House would have replaced the current board, which public employees elect, amid controversy over increased pension fund contributions.
The giant pension fund has a history of pushing for environment-oriented goals.
After ending the practice in 2019, the pension giant is bringing it back with added countermeasures to avoid ‘empty voting.’