The $7.4 trillion asset manager sees cash as a guard against further shocks, leading a trend sweeping corporate America.
Nicolai Tangen, a hedge fund manager based in London, will take over the nearly $1 trillion plan.
The institutional investor joins firms such as JPMorgan in mobilizing around the relief effort.
Norway’s central bank is ramping up spending amid greater calls from the government for a stimulus package.
The world’s largest asset manager said it’s reducing cyclical exposures to global assets, such as emerging markets and Japan.
What recruiters are seeing when it comes to poaching, attracting, and hiring top talent.
Largest US pension plan drops at least $15 billion as retirement programs worldwide suffer.
Even senior management at Temasek may find their bonuses trimmed as much as 15%, as investors contend with the disease’s impact.
Actor and ‘Zen master’ agrees to pay more than $300,000 to settle charges he unlawfully touted an ICO.
Norges Bank Investment Management also deliberates eight candidates for CEO job.
