For the world’s largest asset owners
September 17, 2024
CDPQ Acquires $546M Stake in Ohio Electric Utility
The Quebec pension fund’s indirect equity investment in AES Ohio is expected to close in the first half of 2025.
Shelly Heier, President of Verus, to Depart This Month
Her duties will be taken up by the investment consultant’s CEO and CFO.
POPULAR STORIES
Leech Pleads Not Guilty in WAMCO Cherry-Picking Probe
Weyerhaeuser, State Street Sued in PRT Lawsuit
BlackRock Identifies 1% to 2% as Optimal Bitcoin Allocation
Voting Support for NYC Pension Proxy Proposals Continues to Wane
Indiana Fund Narrows Finalists to Replace BlackRock
US Pension Plans Set to Increase Contributions in 2025
Signals of a Coming Recession Are Absent, Ned Davis Says

Forget about retreating to defensive stocks for now, per the firm’s analysts, as the risk of a downturn in the ‘next several months is low.’

China to Raise Retirement Age, Starting in 2025

The new limits are aimed at stretching retirement resources to support the increasingly aged population.

TRENDING: Public Pensions See Growth, Diversification in the Private Markets
Panelists at the Council of Institutional Investors’ 2024 Fall Conference discuss how their allocations to alternatives have evolved since the global financial crisis. 
TRENDING: IBM Secures $6B Pension Risk Transfer With Prudential
The latest deal follows the company closing its defined contribution plan in 2023 in favor of a cash-balance pension plan and an earlier $16 billion PRT.
Editorial: CIOeditors@issmediasolutions.com
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