Newsmakers
IBM Promotes Veeneman, Leonard, Adams to CIO Positions
Veeneman will oversee $20 billion worth of company funds.
Tag: Pension Funds
Alternatives
Canada’s CDPQ Inks Another Alternative Energy Deal
The pension fund has launched a joint venture with the Mohawk Council of Kahnawake to invest in renewable energy infrastructure.
Asset Allocation
Swedish Pension Fund AP2 Returns 8.2% in 2024
The investment performance raises the pension’s asset value to $42.9 billion.
Alternatives
NYSCRF Bulks Up on Real Estate Investments in December
The $275 billion pension giant committed more than $2 billion in total for the month.
Manager Selection
New York Common Leads All US Public Pension Funds in Commitments to Diverse Firms
An NAIC report also found corporate pensions and union funds ‘lag significantly’ behind public pensions in hiring diverse managers.
Pensions
US Pension Plans Set to Increase Contributions in 2025
Approximately 58% of plans saw an increase in funded status, while 68% expect to increase contributions.
Asset Allocation
New York State Pension Earmarks $850M for Private Equity, Credit Investments
The quiet month was preceded by a two-month, $7.6 billion investing spree.
Pensions
Most Pension Funds Intend to Increase Spending on Scenario, Risk Modeling Tools, per Survey
Pension executives reported confidence in their plans’ abilities to manage these processes, but there is room for improvement, according to Ortec Finance.
Pensions
Ontario Teachers’ Pension, Nordic Capital Acquire Max Matthiessen
The pension fund also bought three logistic assets in Paris.
Pensions
India Creates Hybrid Government Employee Pension Fund
The Unified Pension Scheme will be a combination of a defined benefit and defined contribution pension plan.
Pensions
With Assets at $11.2B, UK’s Nest to Make Domestic Investments More Transparent
The defined contribution pension plan expects to have more than $26 billion invested in the U.K. by 2030.
Pensions
Seesaw Markets Force NYSLRS to Raise Employer Contribution Rates
‘Volatility in investment income translates into volatility in employer contributions,’ according to the chief actuary at the New York State and Local Retirement System.
Asset Allocation
Ontario Teachers’ Pension Plan Earns 4.2% in 1st Half of 2024
The Canadian pension fund’s asset value increased nearly C$12 billion for the year to June 30.
Pensions
CDPQ Returns 4.2% in First Half of 2024
The returns raised the Canadian pension fund’s assets to C$452 billion, but its performance fell short of its benchmark’s 4.6% return.
Asset Allocation
CPPIB Ekes Out 1% Gain in Q1, Promotes Caitlin Gubbels to Head of Private Equity
Public and private assets helped the pension fund swing from a loss one year earlier to raise its asset value to $471.5 billion.