CDPQ Assets Grow to $328B With 9.4% Return
In 2024, equities, private equity and infrastructure drove the Québec pension fund’s performance.
News
UK Pension Replaces State Street With Invesco, Amundi for $35B Mandate
The $40 billion People’s Pension’s moved the vast majority of its assets away from State Street Global Advisors to stay aligned with the fund’s responsible-investment policy.
PBGC’s SFA Program Boosts Multiemployer Funded Level to 97%
Without the $16 billion in special financial assistance from the Pension Benefit Guaranty Corporation, the plans’ funded level would have ended 2024 stagnant, per Milliman study.
Treasury Names JR Gibbens as Sovereign Wealth Fund Adviser
Air Force veteran Gibbens and others were appointed by Secretary of the Treasury Scott Bessent Wednesday.
McKinsey Sees Private Equity on Comeback Trail for 2025
Despite a murky two years that included a decline in fundraising, PE is showing resilience, according to the consulting firm McKinsey & Co.
Cbus Appoints Deputy Investment Chief
Leigh Gavin was promoted at the Australian superannuation fund after serving as head of portfolio strategies.
OMERS Returns 8.3% in 2024, Assets Grow to $96.67B
The Ontario Municipal Employees’ Retirement System reported strong returns from equities and private credit.
Public Pension Plans Reach 5-Year High of 83.1% Funded
The funds returned 9.47% in fiscal 2024, according to a National Conference of Public Employees Retirement System study.
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.
Swedish Pension Fund AP2 Returns 8.2% in 2024
The investment performance raises the pension’s asset value to $42.9 billion.
Could Retirement Finance Reform Reboot the European Economy?
A solution answer may lie in rethinking pension finance—specifically, a major expansion of funded retirement solutions such as defined contribution workplace savings.
NYC Pension Systems Name Valerie Red-Horse Mohl as Deputy CIO
In charge of responsible investing at the $279 billion systems, Red-Horse Mohl will oversee diverse and emerging manager programs; ESG investing; and targeted investment programs.
SEC Announces Unit to Protect Investors From Crypto, AI Scams
The Cyber and Emerging Technologies Unit will be led by Laura D’Allaird, who was co-chief of the predecessor Crypto Assets and Cyber Unit.
Climate Advocacy Group Rates Canada’s Largest Pensions
From CDPQ’s B+ all the way down to AIMCo’s F, Shift graded Canadian pension funds on their decarbonization efforts—or lack thereof.
Aaron DiCenzo Named Interim CIO of STRS Ohio
The head of alternative investments at the controversy-riddled fund will take over from Matt Worley on April 1.