IMF Cuts Outlook for Global Growth
Trade war with China contributes to downgrade for US forecast.
News Archive: Oct - 2018
Fresno County Pension Fund, Royal Bank of Canada Partner for Impact Investment Venture
Deal aims to aid California county’s fixed income investments and help local businesses with government lenders.
Risk
Columbia Endowment Reports 9.0% Return for 2018
Investment gains were lowest among any Ivy League endowment.
Australian, British Pension Players Join Canadian Retirement Manager in UK Port Deal
PSP Investments sells minority stakes in Forth Ports to Cbus, First State Super, and GLIL.
Using Crowdsourcing to Dowse for Dollars
With a little effort and creativity, global tactical asset allocation can boost a fund’s returns.
UK DB Pensions Increase to 97.7% Funded
Aggregate deficit of nearly 5,600 plans plunges more than 65% in August.
Tourbillion Joins Highfields, Criterion Capital in Recent Hedge Fund Closures
Struggling firm’s founder said the fund had ‘recently not delivered’ expected results, and will return more than $1 billion by year-end.
Corporate Moves
Russell Investments’ Global CIO Jeff Hussey Is Leaving
Peter Gunning, who once had the role, resumes it until a replacement is found.
Corporate Moves
Karianne Bail-Lancee Leaving Unilever for UBS
The firm’s former senior pensions and sustainability manager looks forward to the chance to enhance her “'personal impact' toward sustainable development."
Societe Generale to Issue Green Bonds in Taiwan
Becomes first foreign bank granted permission by local financial regulator.
Corporate Moves
South Korea Pension Fund Names New CIO
Ahn Hyo-joon, 55, will lead the investment strategy of the world’s third-largest pension fund.
Risk
Princeton Endowment Returns 14.2% in 2018
University’s investment earnings lead all Ivy League endowments so far this year.
CDPQ and Al Gore Firm Unite for ESG Investments
Partnership acquires majority stake in fintech firm FNZ in first investment deal.
Newsmakers
Yale Dives into Cryptocurrency
Could David Swensen’s move signal the start of institutional adoption for bitcoin and its ilk?
Research
Canadian DB Pension Funds’ Cup Runneth Over
Funded status of Canadian plans surges well above 100% in Q3.