Market Drilldown December 24, 2024

CIO Video: How to Comply with the New Federal Outbound Investment Regulations

H.K. Park, of Crumpton Global, and Laura Black, of Akin Gump, review the new Treasury regulation, which takes effect January 2, restricting U.S. investors’ investing in certain Chinese companies and technologies.

Global Conflict

How ongoing and possible future global conflicts could affect institutional portfolios.

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Asset Allocation December 20, 2024

CFA Establishes GIPS Guidance for OCIO Providers

Effective December 2025, the framework – which has been in development for several years – will be mandatory for firms that claim compliance with GIPS standards.

Pensions December 20, 2024

PBGC Updates Rate Tables on Expected Retirement Age, Missing Participants Mortality Assumption

Effective date for the final rule is January 1, 2025.

Newsmakers December 20, 2024

Academics Form “Shadow SEC” Group to Facilitate Policy Discussions on Federal Securities Laws

The academic group will seek the “wisest possible federal securities laws and policies,” and backed Trump’s pick for SEC Chair.

Pensions December 20, 2024

British Airways Pension Fund to Enter $425.6M Longevity Swap with MetLife, Zurich

The transaction will cover 1,100 members of the Airways Pension Scheme.

Pensions December 20, 2024

Voting Support for NYC Pension Proxy Proposals Continues to Wane

Only 21% of proposals that went to a vote were supported by shareholders, down from 35% in 2022.

Pensions December 19, 2024

Weyerhaeuser, State Street Sued in PRT Lawsuit

Timberland company sued by former employees, represented by Schlichter Bogard LLP, over a pension risk transfer it conducted with Athene in 2019.

Pensions December 18, 2024

US Pension Plans Set to Increase Contributions in 2025

Approximately 58% of plans saw an increase in funded status, while 68% expect to increase contributions.

Newsmakers December 18, 2024

Con Michalakis Joins Funds SA as CIO

Michalakis will leave his deputy CIO role at Hostplus and start at the South Australia investment manager in February 2025.

Pensions December 17, 2024

Maryland Pension to Add Climate Advisory Panel

The board of the Maryland State Retirement and Penson System seeks three outside experts to assist the fund in achieving a sustainable portfolio.

Pensions December 17, 2024

Illinois Police Fund Finishes Consolidation of Local Pensions

The 14th and final tranche of asset transfers was valued at $1.6 billion, bringing IPOPIF assets to $12.9 billion.

Manager Selection December 17, 2024

Indiana Fund Narrows Finalists to Replace BlackRock

Under state law, the pension fund is required to replace service providers if they are determined to have made ESG commitments.

Corporate Moves December 17, 2024

Northern Trust Signs Deal in Singapore to Work On Tokenizing Green Assets

The agreement with the National University of Singapore aims to support sustainable investing and blockchain technology.

Asset Allocation December 17, 2024

Funds Are ‘Getting Back to Basics,’ Refocusing on Long-Term Returns

Pension and sovereign wealth funds are prioritizing returns over liquidity, according to the OMFIF’s annual review.

Risk December 17, 2024

Structured Alpha Manager Settlement Offers Due Diligence Lessons

Investors need to ask about managers’ controls and for ‘evidence’ they are being used, consultant says.

December 16, 2024

Leech Pleads Not Guilty in WAMCO Cherry-Picking Probe

The former Western Asset Management Co. co-CIO is accused of making favorable trades for some clients at the expense of others.