Alternatives
Senate Passes Crypto Bill With Bipartisan Support
The GENIUS Act won the support of 18 Senate Democrats and sets new compliance standards for issuers of stablecoins.
Search results for: Federal Reserve
Asset Allocation
Easier Said Than Done: Shifting Private Foundation Assets to Offset Proposed Tax Could Prove Difficult
Liquidity needs and potential spend-downs make alternative investments a tricky tax-hike solution.
Pensions
PSP Investments Returns 12.6% in Fiscal 2025
The assets of the Canadian Public Sector Pension outperformed its benchmark and rose to $220 billion.
Pensions
Proposals Offer New Ways to Use Retirement Surpluses to Boost Benefits, Raise Revenue
American Benefits Council has pitched plans to redirect surplus funds from pension funds without terminating retirement plans.
Pensions
Corporate Pension Funding Ratios Continued to Decline in March
Equity markets extended their fall, outpacing the decline in the value of plan liabilities.
Newsmakers
Treasury Nominee Bessent Touts Fiscal Discipline in Confirmation Hearing
The former Soros CIO and hedge fund manager discussed tax policy, sanctions and deregulation while answering questions from the Senate Finance Committee Thursday.
Asset Allocation
Ares Raises $2.3B for Life Insurance and Annuity Subsidiary
The alternative asset manager wants to capture the growing demand for retirement solutions through its insurer, Aspida Holdings Ltd.
Risk
Structured Alpha Manager Settlement Offers Due Diligence Lessons
Investors need to ask about managers’ controls and for ‘evidence’ they are being used, consultant says.
Pensions
PSP Investments Acquires 3 UK Airports for $1.94B
The Canadian pension will acquire AGS Airports, the operator of Aberdeen, Glasgow and Southampton Airports.
Pensions
Global Pension Assets Rebounded in 2023 With 10% Gain
Assets of the largest 300 pension funds reached $26.2 trillion, according to WTW.
Newsmakers
PSP Investments CIO van Gelderen Set to Depart
The investment chief since 2018 will step aside now, with his official departure set for October 1.
Pensions
GE Retirees Strike Deal to Increase Time Limit to Sue Over Unpaid Pension Benefits
Participants had filed an administrative complaint alleging the company renounced its obligation to pay their benefits.
Asset Allocation
NYC Pensions Invests $60M for 25% Stake in Affordable Housing Joint Venture
Community Stabilization Partners was created after the 2023 collapse of Signature Bank to help support rent-stabilized apartments.
Pensions
Eastman Kodak to Shift Pension Assets to NEPC
The company has shut down its internal investment office and made other plans based on the pension’s overfunded status.
Risk
CFA Institute Systemic Risk Council Adds 3 New Members
The policy and regulatory reform advocacy group expands to 19 with new experts from Germany, France, and the US.