Regulation
SEC Private Funds Rule Challenged in 5th Circuit
The rule that requires additional disclosures from private fund advisers faced skepticism from a three-judge panel.
News Archive: Feb - 2024
Pensions
Chicago Teachers’ Pension Boosted Funded Status in Fiscal 2023
With returns of 9.1% for the fiscal year that ended in June 2023, the funded status increased by 400 basis points.
Alternatives
Slowdown in PE Exits, M&A Activity Leads to Smaller, Slower Distributions to Public Pension Funds
Some funds with significant allocations to private equity are facing a negative cash flow from PE distributions.
Asset Allocation
Japanese Pension Giant Rebounds in Fiscal Q3
The Government Pension Investment Fund’s investments returned 2.62% during the quarter that ended in December 2023, raising its asset value to more than $1.5 trillion.
Asset Allocation
Korea Investment Corp. Returns 11.6% in 2023
Equities propelled the $189.4 billion South Korean sovereign wealth funds' returns.
Pensions
Rhode Island Retirement System Sues Boeing
A securities class action complaint was filed by Rhode Island’s general treasurer due to safety concerns negatively affecting Boeing’s share price.
Pensions
Strong Q4 Returns Propel Canadian DB Pensions to 9.1% Return in 2023
Private and public sector plans returned 8.4% in the final quarter, according to RBC Investor Services.
Pensions
MassPRIM Developing AI Model to Aid Investing
Starting with ‘baby steps,’ the fund plans to eventually incorporate decades of the pension fund’s data.
Pensions
Australia’s Pensions Regulator Launches Project on Unlisted Assets
The APRA is putting under review its practices for valuation of unlisted assets, including private equity, commercial real estate and infrastructure.
Asset Allocation
Finding Investment Opportunities in the Energy Transition
What institutional investors are doing to get the most out of the world economy’s move away from carbon-based fuels.
Risk
AI Privacy, ESG Alts and Other Investing Themes for 2024
ISS unit lists 10 trends that sustainability-oriented investors should watch.
Asset Allocation
Norway’s Pension Fund Global Rebounds in 2023, Still Misses Benchmark
Rallying equities helped the pension giant return 16.1% during the year, but it fell 18 basis points shy of its benchmark.
Newsmakers
Malaysia’s Employees Provident Fund Names Encik Ahmad Zulqarnain Onn CEO
Ahmad Zulqarnain succeeds Datuk Seri Amir Hamzah Azizan, who left the $211.5 billion fund to become Malaysia’s second finance minister.