The returns are expected to reduce the city’s required contributions to the pension systems by approximately $550 million over the next five years.
Research awards were also granted to papers covering climate risk and sustainable investing.
The Meghraj Group pension’s sponsor was ordered to pony up nearly 2 million pounds following a dividend payment probe.
Despite the loss, the fund’s AUM grew to approximately $595 billion thanks to a 4% share transfer from Saudi Aramco.
Post-SVB, most thought all was well with the banking system, but the rating agency sees worrisome weaknesses.
Pensions with a value date between October 1, 2022, and March 1, 2023, may qualify.
Major investment firms such as Blackstone have pushed into business development companies, whose sizable yields are alluring.
Carl Astorri will lead the A$300 billion pension fund’s UK investment team.
The proposed reduction would cut the combined employer and employee contribution rate to 16.2% from 31.4%.
A report sees higher rates and a weakening economy pushing firms into bankruptcy or restructurings.
The $9.4 billion Illinois Police Officers’ Pension Investment Fund has $450 million in international small-cap stocks.
It’s trickier for some, like the Norwegian program, which is funded by North Sea oil.
