CEO of UK’s Pension Protection Fund to Depart by Year’s End
Oliver Morley will become CEO of the U.K.’s Money and Pensions Service.
Oliver Morley will become CEO of the U.K.’s Money and Pensions Service.
Swedish pension funds Alecta and AP3 have made several strategic hires following Alecta’s losses in the spring’s U.S. regional bank failures.
The $77 billion pension fund is also looking to hire an investment officer for corporate governance and stewardship.
The $22.6 billion pension fund is also seeking investment analysts for fixed income, equities and real assets.
The C$249.8 billion pension fund has named Stephen McLennan acting head of investments.
The $31 billion pension fund has also issued an RFP for a custodial services provider.
Dutch pension funds’ assets in Asia have declined by nearly 28 billion euros since the end of 2021.
Despite losses, the 300 largest funds’ share of global pension assets rose to 43% in 2021.
LACERA outperformed its benchmark by 140 basis points to raise its portfolio’s asset value to $73.6 billion.
The strong performance raised the National Pension Service’s asset value to approximately $740 billion.
A federal judge dismissed a case that alleged Unilever misled investors by concealing a board resolution.
Hazards are already apparent for many institutional investors in infra funds, says French business school EDHEC.
Brad Lander warns that a prolonged work stoppage may harm the ‘long-term stability' of investments held by the city’s pension funds.
Canada’s second-largest pension fund raised its portfolio’s asset value to C$424.2 billion.
The fund’s asset value rose to $254.1 billion, a big improvement from the prior-year period.