Newsmakers
Favorable Economic Conditions Fuel Q3 Rise in Annuity Sales
Registered index-linked annuity sales hit a new quarterly record at $12.6 billion.
Tag: third quarter
Market Moves
S&P 500 Earnings Off 1% in Q3, Analysts Estimate
Marking a third straight period of losses, the index’s EPS suffered in financials, real estate, material, health care and energy, a survey finds.
Pensions
New York Common Retirement Fund Cuts Public Equities in Favor of Alts
The $242 billion pension giant reported a robust 4.51% investment return in Q3 of its fiscal year.
Pensions
CPPIB Returns 1.9% in Q3 of Fiscal 2023
The Canadian pension giant increased its asset value to more than $400 billion to close out the calendar year.
Asset Allocation
Japan’s GPIF Suffers 4th Straight Quarterly Loss for 1st Time in 20 Years
Investment losses for the first three quarters of fiscal 2022 totaled more than $55 billion.
Asset Allocation
PennSERS Investments Lose More Than 16% During First Three Quarters
The pension fund’s market value has fallen by more than $7.4 billion as of Sept. 30, despite outperforming its benchmark.
Newsmakers
Japanese Pension Giant Returns 2.81% in Q3 2021
The world’s largest pension fund earned over $47 billion for the quarter to raise its asset value to nearly $1.73 trillion.
Market Moves
Why 3Q Earnings May Undershoot Estimates
That has happened just once since 2009, but CFRA’s Stovall expects a re-run.
Asset Allocation
Endowment Index Returns Over 5% in Q3
China equities, timber, and private agriculture investments bolster robust quarterly gains.
Pensions
Canada Pension Plan Investment Board Posted Lackluster 3.6% Return in Third Quarter
Pension giant increases its net asset value to $318 billion.
Pensions
Japan’s Government Pension Fund Returns 4.61% in Fiscal Q3
World’s largest pension fund’s asset value rises to $1.54 trillion.