Australia Agrees to Disclose Sovereign Bonds’ Climate Risks
Investors can comment on the settlement until the court approval hearing, scheduled for October 11.
Risk
How Will AI Change Institutional Investing?
CIO’s NextGen honorees share a mix of anticipation and caution about artificial intelligence yet remain confident there is no replacement for human oversight.
Prudential Closes $1 Billion PRT Deal With PSEG
The utility company is looking for greater financial predictability and approved the partial annuitization of their pension plan.
Maybe We’ll Get That Soft Landing After All, Stock Market Suggests
Two reports seem to show a cooling economy, with the Fed backing off.
Climate Risk Looms for Infrastructure Investments, Warns Report
Hazards are already apparent for many institutional investors in infra funds, says French business school EDHEC.
Junk Bond Defaults Are Rising, Despite Healthy-Seeming Economy, S&P Says
Distress in the high-yield market often is a sign of pending trouble. But economists are backing off of their recession forecasts.
CPPIB Loses 0.8% in Q1 Fiscal 2024
Despite the investment loss, net transfers helped raise the Canadian pension giant’s asset value to C$575 billion.
Much-Touted Reshoring Movement May Be Derailed, BofA Warns
Labor and mineral shortages, plus other problems, stand in the way, a bank study says.
Moody’s Surprises the Market With Bank Downgrades
Post-SVB, most thought all was well with the banking system, but the rating agency sees worrisome weaknesses.
OCIO Assets Plummeted With Markets in 2022, but Don’t Call It a Crisis
For the top 8, including Mercer and BlackRock, last year marked an unaccustomed reversal of fortune, a study by Charles Skorina found.
What Could Make the Fed Continue Tightening?
More housing price increases might squelch the conventional wisdom that July’s hike will be the last, some strategists say.
Where ESG-Minded Investors Should Put Their Money
Despite a harsh political climate for the concept, a CIO webinar of experts offers some smart insights.
Lagging Governmental Commitment to Reduce Inequality Must Be Acted Upon, Top Economists Say
Group assembled by Nobel winner Stiglitz chides governments for ignoring pledge they signed to fight global poverty.
Fidelity Forms Bermuda Reinsurance Firm Focused on PRT
The reinsurer was set up to manage risk from the booming pension transfer and retail annuity markets.
Norway’s Pension Fund Global Excludes Chinese Firm for Environmental Damage Risk
The $1.4 trillion pension giant also placed U.K.-based Petrofac on observation over allegations of corruption and bribery.