Corporate Moves
Japan’s GPIF Seeking Active and Passive Managers for Foreign Bonds
The giant pension fund seeks to diversify away from low-yield Japanese bonds.
The 79% funded status in the first quarter, an eight-point drop from last year, is the smallest since 2012.
Plans in Massachusetts, Mississippi, and other states assure retirees that benefits won’t be delayed, but suspend counseling appointments.
WWE lawyer calls accusations of insider trading by CEO Vince McMahon ‘entirely fictional.’
LGIM is said to have conceded to membership pressure regarding its investments in the fossil fuel industry.
First State Super and WA Super announce they’ve begun merger talks.
Citing under-representation in the current KRS board, the system puts forth legislation to establish its own panel.