Alternatives
Private Equity Fundraising Down But Not Out, Despite Pandemic
Deal-making is bouncing back after being shut down earlier in the year due to the COVID-19 outbreak.
Tag: COVID-19
Pensions
Pension Gender Gap Closes to 1% in UK
However, report finds women are still saving £1,300 less per year than men.
Asset Allocation
Canada Pension Plan Investment Board Returns 5% for Quarter
Asset value rises to C$456.7 billion for Q2 of fiscal year 2021; fund names Frank Ieraci as head of active equities.
Risk
TPR Warns Trustees to Prepare for Plan Sponsor Distress
Regulator says trustees must act quickly to protect savers if they spot warning signs of an employer’s financial difficulties.
Coronavirus - COVID-19
COVID-19 Has Shaken Up Vast Majority of Plan Sponsors
But the pandemic has not slowed down pension buyout activity.
Regulation
SEC Collects Record $4.68 Billion in Disgorgement, Penalties in Fiscal 2020
The regulator also doled out a record $175 million to whistleblowers during the year.
Pensions
US, UK Corporate Pension Deficits Widen Due to Falling Equity Markets
Rising discount rates were not enough to offset markets spooked in October by surging COVID-19 cases.
Asset Management Culture
Ivy League Endowments Underperform 60-40 Portfolio Again
Average university returns fall short of a passive portfolio over one- and 10-year periods.
Alternatives
Alts Investors Expect Deal Activity to Return in 2021
However, the way they make those deals will likely change forever.
Research
Netherlands, Denmark Repeat as World’s Top-Ranked Pension Systems
Study finds COVID-19 pandemic is expected to widen the gender gap as women make up more than half of hardest hit sectors.
Market Moves
How a Trump or Biden Victory Might Affect the Economy
S&P Global Ratings analyzes the candidates’ differences and ‘surprising similarities.’
Asset Allocation
Norway Pension Giant Rebounds in Q3 From Heavy First-Half Losses
The $1.15 trillion fund returns 4.3% during the quarter after losing $21 billion in the first half.
Market Moves
From Here, Recovery Will be ‘Tougher,’ But Good Investments Persist
So say two savants from Principal Financial, at CIO’s Summit.
IMF Upgrades Global Growth Forecast But Still Sees Deep Recession
Organization warns pandemic will reverse progress made in reducing global poverty and will increase inequality.
Pensions
Pennsylvania PSERS Returns 1.13% in 2020
Net position of teachers’ fund drops by $105 million as benefit payments exceed contributions.