Hints and tips:
...The National Transportation Safety Board gave the first official account yesterday of how the door plug could have fallen out of the fuselage of an Alaska Airlines plane 16,000 feet over Oregon on January...
...However, the FT revealed last week that the recapitalisation involved the owners — which include sovereign wealth, private equity and pension funds — providing a £515mn convertible loan with an 8 per cent...
...(Simon Mundy) Smart reads The Taskforce on Social Factors, set up by the UK government to look at social risks and impacts that pension fund trustees should consider, published its final report yesterday...
...In October Amnesty International wrote to Oregon’s public employee retirement system, Alaska’s $81bn permanent fund and two English local government pension funds, East Riding Pension Fund and the South...
...One year the levy imposed by the UK’s Pension Protection Fund, which rescues pension funds when their sponsors become insolvent, rose by enough to wipe out the company’s profits....
...And last month, the regulator suffered a loss when a federal appeals court in Washington ruled it had been wrong to reject asset manager Grayscale’s application to launch a US-listed exchange traded fund...
...of bickering between member states over how to fund it....
...Institutional investors such as pension funds, endowments and foundations control billions in capital and are responsible for the majority of allocations to the biggest asset managers....
...For all its limited sex appeal, the system as a whole has proved hard to get right....
...They’re not mostly the ones who were responsible. Some of them are university pension funds. So they’re not all, you know, rapacious City slickers....
...As a result, while 33 per cent of overall UK pension fund assets are invested in equities, the proportion of equities in US funds is 56 per cent. And there is another big difference....
...Sarah Breeden, a member of the Bank of England’s Financial Policy Committee, said on Monday that LDI funds sold £30bn of gilts and raised over £40bn in funds during the period of market turmoil....
...Working in borrowed office space, Black put together a new venture and set out to change the way that insurance companies, pension funds and foreign governments invest the trillions of dollars they control...
...The decision to review the fiduciary duties of pension fund trustees in relation to climate and energy transition risks is significant....
...On Friday, the US military shot down what it described as a “high-altitude object” off the coast of Alaska....
...In the UK and EU, producers of electronics are legally obliged to fund the recycling of a tonnage equivalent to what they put on the market....
...Calpers records first loss since 2009 The largest public pension plan in the US has blamed “tumultuous” global markets for the fund’s first annual loss since the global financial crisis in 2009....
...Hunt wants to present his plan to the House of Commons three days before a meeting of the Bank of England’s Monetary Policy Committee on November 3, to help inform a key decision on interest rates amid surging...
...They are all competing to replace Pat Toomey, the retiring Republican senator who is the party’s top member of the powerful banking committee on Capitol Hill....
...The rule changes also need to rely on investors making use of them — be it pension funds buying riskier, or illiquid assets, or UK funds taking advantage of listing reforms to invest in companies that might...
...A fall in the value of pension funds’ other assets has left many overexposed to private markets and reluctant, or unable, to commit more cash to them....
...The whole model is based on the idea that pension funds and other investors in private equity funds will continue paying those fees, even though it’s clear they no longer serve the purpose they were invented...
...In August, he barred managers of the state’s $186bn pension fund from considering environmental and sustainability issues when investing. Then there is Florida’s property insurance market....
...Yesterday, Calpers joined some other pension funds in announcing it would vote for Engine No 1’s slate at the AGM....
...By contrast, O’Higgins has an advisory committee including Sir Christopher Clarke, a former Lord Justice of Appeal. The hearing continues....
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