Alternatives
Ontario Teachers’ Pension Invests $350 Million in Indian Private Credit
The fund is teaming up with Indian private debt manager Edelweiss Group.
News Archive: Sep - 2020
Alternatives
Increasing Body of Evidence Bolsters Case for ESG Investing
Harvard professor finds they outperform over the long haul, as well as during a market downturn.
Alternatives
CPPIB Reinvests $235 Million into Japanese Warehouses
Canada’s largest pension fund and longtime partner, global asset manager GLP, continue expansion into the Asian nation’s real estate.
Corporate Moves
Columbia Endowment Names Kim Lew CEO
The Carnegie Corp. CIO has been tasked with turning around the Ivy League laggard.
Market Moves
Ebbing M&A Activity May Just Be Rebounding, Says Wells Fargo
The economic slump has held down merger action in 2020.
Risk
South Dakota Mulls Trimming COLA Minimum to Zero, to Help Withstand a Downturn
The fully funded pension program has a strict policy of staying that way, but the inflation adjustment currently can go no lower than 0.5%.
Pensions
Korean Pension Giant Weathers COVID-19 Crash During First Half
The $635.5 billion fund was aided by being overweight in fixed income and underweight in equities.
Alternatives
Top Canadian Pension Plan and US Apartment Operator to Build Brazilian Housing
The partners will invest up to $190 million in combined equity into the project.
Asset Allocation
Norway Pension Giant Drops Three Companies over Alleged Human Rights Violations
The $1.17 trillion fund also placed PetroChina on watch for three years over ‘gross corruption.’
Risk
Expert Warns UK Pensions Could Face Massive Dashboard Compliance Costs, Work
Contrary to government assurances, the price tag will be huge, says former UK pensions minister Steve Webb.
Pensions
CalPERS Retirees Call for Board President to Resign
The demand for Henry Jones’ ouster is the latest fallout from the resignation of CalPERS CIO Ben Meng following complaints he violated state ethics rules.
Corporate Moves
Tulane Investment Chief Jeremy Crigler to Retire
Richard Chau and Julia Mord will take over as interim CIO and interim deputy CIO, respectively, to manage the fund’s $1.4 billion portfolio.
Market Moves
Good Vaccine News Has Immediate Impact on the Stock Market
A quarter of the S&P 500’s rise since May is linked to positive developments on a virus inoculation, UBS says.
Asset Allocation
Ohio Police & Fire Pension Approves 5% Gold Allocation, Earns 9.21% in Q2
The $15.65 billion fund is looking to the precious metal to help with diversification and as an inflation hedge.
Coronavirus - COVID-19
Drag on Economy: The ‘Temporarily Laid Off’ Who Become Permanent
Goldman Sachs warns that a big swatch of the jobless will end up staying that way.