UK Asset Owners and Managers to Form Sustainability Alliance
Nest and others are discussing how to embed environmental and other worthy goals into manager disclosures and selection.
Tag: Asset Management
Pensions
National Pension Service of Korea Wagers Offices, Hotels Will Recover
The world’s third largest pension fund placed a $1 billion bet on public global real estate with asset manager Russell Investments.
Manager Selection
Breaking News: Kentucky Retirement Systems Names Steven Herbert New CIO
The asset manager and former consultant is the sixth investment chief to head the fund in about 13 years. He starts Jan. 16.
Consulting Firms Ask Asset Managers to Disclose Diversity Data
Verus and others have formed a diversity coalition as institutional pressure grows for greater racial equity.
Asset Management Culture
Will Cutting Down on External Managers Make a Difference?
Sure, it can help lower investment fees. But those after-fee returns? Researchers say that’s a mixed bag.
Asset Management Culture
China OKs BlackRock, Temasek Joint Wealth Management Venture
The decision was approved by the country’s banking regulatory authority in the first half of the year.
Research
Corporate Pension Plans’ Funded Status Dips for First Time Since April
A surge in liabilities from low discount rates dropped aggregate ratios 1.3 percentage points to 79.9%, Wilshire says.
Asset Management Culture
Majority of Insurers Confident in Asset Managers During Downturn
They’re also upping their allocations into alternatives, such as private equity and private credit, says a State Street survey.
Regulation
Trump to Investigate the ‘Hidden Risks’ of Investing in Chinese Companies
The president pledges to ‘protect American investors’ by studying the operational behaviors and guiding principles of the Chinese companies that they invest in.
Pensions
Goldman Sachs Estimates Public Pensions Now Less than 60% Funded on Average
Senior Pension Strategist Michael Moran says local government spending limits will stymie funding levels.
6 Battle-wise CIOs Weigh in on Choosing Managers
As managers try to raise funds, here are some factors to consider when selecting opportunities.
Asset Management Culture
Investors Adjusting Their Travel Practices Due to Coronavirus
Some of the country’s largest institutional investors are taking precautionary steps to protect their staff from the virus.
Asset Management Culture
Swiss Asset Manager GAM to Double Savings in Two Years
After dismal 2019, the firm’s board will not receive a bonus, and the CEO will forego a $256,000 cash award.
Asset Management Culture
Northeastern State Treasurers, Asset Managers Form Corporate Diversity Coalition
Shareholder activism group aims for more diversity in corporate governance.
Manager Selection
Legislators Urge Endowments to Boost Asset Manager Diversity
NACUBO says Congress members are preaching to the choir.