Despite the loss, the pension fund beat its benchmark by 53 basis points.
Lawsuit claims retail giant’s infrastructure investment was a ‘massive, self-imposed, undue drain’ on its finances.
Direct investments by sovereign wealth funds rise to record level in 2021.
The lawsuit claims the fitness company and its executives lied about the prospects of post-COVID growth.
Schroders says the pandemic exacerbated the need to diversify away from equity/bond market volatility.
Alan Martinovich, with global management consultancy Arthur D. Little, says now is the time to make intentional moves that will drive green transformation.
Investors could see either a 1970s-style double-digit ripsnorter, a return to a more normal level, or something in between.
The union says its pension fund’s mandatory vaccine policy violates collective bargaining agreements.