Pensions
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.
News Archive: Sep - 2024
Risk
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.’
Pensions
China to Raise Retirement Age, Starting in 2025
The new limits are aimed at stretching retirement resources to support the increasingly aged population.
Newsmakers
Shelly Heier, President of Verus, to Depart This Month
Her duties will be taken up by the investment consultant’s CEO and CFO.
Asset Allocation
Why Soaring AI Stocks May Falter
Skepticism about long-term performance rises as the payoff of artificial intelligence now seems far off.
Pensions
Kentucky Pension System Returns 10.7% in Fiscal 2024
The KPPA’s assets rose $3 billion to $26.9 billion.
Pensions
IPOPIF Seeks Private Markets Consultant
The $10.8 billion Illinois Police Officers’ Pension' Investment Fund is expanding its allocation to alternatives.
Pensions
Corporate Pension Funded Status Mixed in August
Some trackers saw their first decline in funded status in months, during a 'tumultuous' month for equities.
Research
The Market’s Big Tech Concentration Is Not a Problem, Robeco Report Finds
Even if an economic dip sends stocks lower overall, the Mag Seven’s earnings should hold up, the Dutch firm says.
Newsmakers
JPMorgan Chase CEO Dimon Skeptical of Private Markets Growth
The shrinking of the number of public companies is not a good thing, Dimon said at a conference in Brooklyn this week.
Pensions
CPP Investments Makes Additional C$532M Commitment to Brazilian Water Company
The Canadian pension fund previously owned a 61.4% stake in Iguá Saneamento.
Pensions
Connecticut Pension Achieves 11.5% Return in Fiscal 2024
Assets of the state's pension system grew to $7.9 billion.
Newsmakers
James Davis Appointed to International Centre for Pension Management Board
Davis is the CIO of OPTrust, the legal trust of the Ontario public employees’ union and Ontario government.
Pensions
PSP Investments Highlights Sustainability Progress in Report
The pension fund reported C$64.9 billion in green assets in fiscal 2024, according to its latest sustainability report.
Asset Allocation
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.