Hints and tips:
...California’s Calpers as well as state funds in Wisconsin and Texas are among the large funds already using leverage as part of their strategies....
...The aggregate surplus of the UK’s 5,100 pension schemes was about £428bn at the end of December, according to analysis by the UK’s Pension Protection Fund....
...Clare Chalmers, 61, is taking the trustees of Citibank (UK) pension plan to the pensions ombudsman, claiming it distributed her late husband’s pension fund in an “unsympathetic” and “incoherent” way....
...At least eight very large US public pension funds, including Calstrs, Calpers and state funds in Wisconsin and Texas, are using borrowed cash or other leverage strategies....
...Most people leave their investments alone, and the pathways along which pension money flows to established fund providers are worn to the point of frictionlessness....
...Fiscal policy: Is the state pension really ‘a Ponzi scheme’? Labour markets: UK wages: which sectors are driving up pay?...
...Pensions and other large institutional funds fulfil cash calls using money handed back to them from successful deals....
...of local authority pension cash, said....
...Separately, Pinsent Masons’ David Lancaster has joined the firm as an intellectual property litigation partner in London....
...Pension funds are backing crypto prime broker Hidden Road, a company that helps hedge funds take bigger bets on volatile digital assets....
...HAPI has accumulated $240mn in assets which are almost entirely held by the $143bn State of Wisconsin Investment Board that oversees the investment assets of the public pension plans in the midwestern state...
...“Some members who read those statements will question why their pension has fallen so much, and some may even want to push it further,” said Stephen Scholefield, partner at law firm Pinsent Masons....
...Mark’s pension contributions, of around £44,000, were refunded to Claire, while around £165,000 of the fund was returned to the employer....
...The lawyer said: “We would not have had this problem if the credit support documentation between the pension fund and the hedge providers had allowed pension funds to give collateral in the form of gilts...
...“Giving pension funds a two-week window to get things in order was not a good idea because it made them into forced sellers and didn’t give much thought to the nature of pension fund assets and how quickly...
...Pension funds became forced sellers of assets to meet these collateral calls....
...The fund nevertheless has amassed $2.6bn under management, with money flowing in from college endowments, at least one sovereign wealth fund and pension plan and rich families, according to people familiar...
...Several Republicans said the US should be more vigilant about pension funds investing in Chinese funds, particularly in order to avoid enabling human rights abuses....
...But, other than the State of Wisconsin Investment Board, endowments, foundations and pensions do not appear on the list of top 100 investors in the ETF, according to Capital IQ....
...UC invested its money into Breit, the fund built for “retail” investors, instead of Blackstone Property Partners, or BPP — perpetual funds Blackstone designed for institutions such as pensions and endowments...
...(JW Mason) — Should those who sent the sub-postmasters to prison now face court themselves? (Sunday Times $) — Is Google close to announcing real-time P2P payments?...
...OMERS Infrastructure, an arm of one of Canada’s largest pension funds, has hired IFM Investors executive Irini Kalamakis as a senior managing director and global head of strategic partnerships, based in...
...Elliptic, a specialist cryptocurrency data company, said in November last year that investors lost $12bn of funds in DeFi markets last year, with more than $10bn of those losses due to hackers and lost funds...
...On top of that, an industry tribunal imposed a £13mn fine on KPMG for deliberately pushing a client into insolvency so another potential client, HIG Capital, could buy the business without £100mn of pension...
...private pension scheme in the UK....
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