As it stands, shareholders must assent to M&A or related-party deals. But the FCA wants to ease listing requirements to stem companies decamping to New York exchanges.
The amount of investment needed for this enormous task is $4 trillion yearly, but the effort is gearing up now.
Consulting firm Oliver Wyman predicts even greater use of this category of debt.
Risk grows as a raft of junk-rated issuers, paying modest interest, must refinance their debt at much higher rates.
The New York State Common Retirement Fund recorded the largest overallocation among global pension funds at $11.7 billion.
Despite losses, the 300 largest funds’ share of global pension assets rose to 43% in 2021.
The $315.6 billion pension giant expects portfolio companies to disclose Scope 1 and 2 emissions, at a minimum.
The pension giant’s public equity portfolio returned 16.7% for the year, but the overall portfolio fell short of its 7% target.
The world’s most populous nation is enjoying a stock market surge and appears poised for further investment.
The popular investment may suffer from an economic dip and other changes in the financial scene, critics warn.
Pension giant is seeking a better way to implement its China equity exposure.