Ontario Teachers Pension Could Lose $95 Million on FTX Investment
The $183 billion Canadian pension fund said its exposure to failed crypto exchange was minimal.
The $183 billion Canadian pension fund said its exposure to failed crypto exchange was minimal.
World’s largest pension fund’s asset value declines to $1.31 trillion.
Falling markets wipe out close to $10 billion in asset value.
The city’s five pension funds have $61.5 billion invested in private equity, alternative credit, and private real estate combined.
The Miami pensions call the bank’s failure to prevent massive error ‘deliberately reckless.’
Pension fund aims for Aware Real Estate to manage more than A$7 billion in assets within five years.
However, insurance companies likely won’t be able to accommodate the increased demand.
Ruling shoots down BT, Ford, Marks and Spencer pension funds’ challenge to reforming inflation calculation.
Falling equity markets and rising interest rates are blamed for the portfolio’s $7.7 billion loss.
The pension fund committed nearly $500 million to real assets during the month.
The Teacher Retirement System of Texas is required by law to boycott companies that divest fossil fuels.
Schurtz succeeds Mansco Perry III, who announced his retirement in December.
Common Retirement Fund reports 8.24% loss amid volatile markets, rising inflation and war.
CIO Ronald Schmitz credits outperformance to diversification strategy and strong private markets.