CFOs Are Optimistic about the Near-Term Future, Survey Says
In Deloitte poll, some 58% say now is a good time to take risks.
News Archive: Jun - 2018
UK Initiates Social Impact Investment Drive
Initiative aims to make ESG investing ‘business as usual.’
Corporate Moves
CalSTRS Names Scott Chan Deputy CIO
The $224.9 billion fund poaches a top talent from the University of California Regents.
Unlisted Natural Resources Growing
Since 2015, the ESG-based asset class, which invests in the likes of farming and timber, has been delivering stronger returns.
Scottish Widows Calls for Removal of Auto Enrollment Minimum
Insurance firm says £10,000 threshold ‘an unfair barrier’ for low-paid workers.
Newsmakers
Kentucky Judge Deems Governor’s Pension Law Unconstitutional
Ruling favors attorney general’s objection over how it was passed.
Economic Growth: These Are the Good Old Days
The US and the world’s economies should be fine in 2018, then start to slow, IHS Markit predicts.
Portland Pension Fund Applies for Benefits Reduction
Western States Office and Professional Pension is seeking a 30% cut in benefits.
UK Retirees Face Pension Cuts Due to Overpayment Errors
Massive data-checking exercise finds mistakes dating back 40 years.
Corporate Moves
Jean Michel Named CIO of Investment Management Corp. of Ontario
20-year pension vet turned failing Air Canada pension plans into a success story.
Head Scratcher for Fed’s Powell: the Right Jobless Level
He hopes to hit the sweet spot that keeps inflation, now 1.9%, in check.
Corporate Moves
CIO Matt Whineray Promoted to CEO at New Zealand Fund
New chief had been acting in the role since predecessor left for central bank gig.
Why the Trade War Might not Be Ruinous
Tariffs don’t involve a major part of the US economy and this may all be a negotiating tactic, say some market strategists.
Trade Association Launches European Pension Institute
Newly formed organization aims to address gap and promote personal pensions.