Risk
Private Credit Defaults Nudge Up: A Warning?
This relatively new alternative asset class had a 2.7% rate for loan non-payments in the second quarter, a Proskauer study says.
News Archive: Jul - 2024
Newsmakers
CPP Promotes New Chief Risk Officer
Priti Singh, the fund’s capital markets factor investing head, has been promoted to CRO, while Heather Tobin succeeds her.
Regulation
SEC Looks to Finalize Remaining Market Structure Rules by October
The proposal aims to improve stock order competition but has received mixed feedback from the public.
Market Moves
Investors’ Confidence in ETFs Continues to Grow, per State Street
The firm’s 2024 ETF Impact Survey found exchange-traded-fund use highest in Japan, lowest in Sweden and the U.S.
Regulation
PBGC Insurance Funds Well-Funded for Years to Come
The Pension Benefit Guaranty Corporation’s projection shows both pension insurance funds are in great shape financially.
Manager Selection
Illinois Police Fund Seeks Credit Manager
The pension, which plans to build out a private credit strategy, approved a request for proposal for a manager.
Asset Allocation
Saudia Arabia’s Sovereign Wealth Fund Bolsters Renewable Investments
The $990 billion Public Investment Fund signed four joint venture deals involving solar, wind and green hydrogen projects.
Asset Allocation
Private Equity Continues as Top Performer for Pension Plans, Study Says
PE delivered 15.3% annually over 10 years, according to the American Investment Council.
Market Moves
Can Investors Both Earn Returns and End Cancer?
Billions are pouring into cancer treatments around the world, so investors and funders discuss how institutional investors can access returns.
Market Moves
EM Stocks Doing Better, Except for Drag From China, Ned Davis Says
Other emerging market nations, such as Taiwan and India, are compensating for weakness in the Chinese market.
Pensions
NYC Pension Adopts ‘First in Nation’ Guidelines for Private Real Estate Investments
The Responsible Property Management Standards are intended to increase the quality and sustainability of residential real estate investments across seven core principles.
Pensions
Qantas Super, Australian Retirement Trust Plan Merger
The combination would give Qantas members access to a broader choice of investment options and enhanced member support and services, including digital and education tools, per Qantas.
Newsmakers
CalSTRS Names June Kim Senior Investment Director
Kim was formerly director of global equity.
Newsmakers
Nuveen Names Saira Malik as Head of Equities, Fixed Income
The investment professional was already serving as the firm's CIO.
Newsmakers
USC Biomedical Engineering Institute Seeks Investment Director
The Alfred E. Mann Institute at the University of Southern California aims to invest in biotech startups.