Hints and tips:
...Fundraising for private credit has become “less rushed” because of the “more challenging” market conditions, said a spokesperson for the $50bn Connecticut Retirement Plans and Trust Funds....
...Thirty-six “master trusts”, the largest workplace DC pension schemes, held three-quarters of the DC pension sector’s £143bn total assets, or £105bn, as of June, according to The Pensions Regulator....
...Four public pension plans with more than $4bn allocated to China-focused private equity funds told the Financial Times they were ready to delay redemptions from investments nearing the end of 10-year lifespans...
...Nausicaa Delfas, newly appointed chief executive of The Pensions Regulator, added that it was important for trustees of defined contribution plans to have the expertise to assess more complex assets — and...
...Five unmissable stories this week Jo Taylor, chief executive of the Ontario Teachers’ Pension Plan, says the scheme is in “risk off” mode and is expecting a recession in the US, Canada and Europe in the...
...The 5,000 or so pension plans monitored by the UK’s Pension Protection Fund, which rescues schemes whose corporate sponsor can no longer fund them, swung from a collective deficit of £132bn in 2020 to a...
...Data visualisation by Keith Fray Letters in response to this article: Pension fund assets could be made to work for benefit of all / From Rory Murphy, Chair of Trustees, Merchant Navy Officers Pension...
...One scoop to start: Chancellor Jeremy Hunt will use his Mansion House speech next month to outline wide-ranging plans for channelling UK pension investments worth billions of pounds into fast-growing British...
...The crisis led to urgent collateral calls on pension plans by LDI managers, triggering fire sales of assets....
...of the Financial Stability Board, a global committee of regulators and central bankers....
...ties (FT) CVC raises $800mn loan fund in sign of thaw for corporate borrowers (FT) Investors spend $200mn on ‘worthless’ Bed Bath & Beyond shares (FT) Another nail in the coffin for private sector pension...
...Its supporters have been central to the conservative takeover of the US judiciary....
...Similar criticisms have been made for years about the amateurishness of some pension fund trustees, yet little has been done to professionalise a system that governs the retirement prospects of millions....
...It features Sequoia Capital, Thoma Bravo, BlackRock, SoftBank, Singapore state-owned fund Temasek, Tiger Global and the Ontario Teachers’ Pension Plan, as well as some of the world’s most-respected hedge...
...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...
...Defined contribution plans at the mercy of markets With defined contribution (DC) or money purchase plans, investment returns are crucial to the level of pension that scheme members receive....
...us to fund decent quality public services....
...Today, there are about 365,000 Bloombergs on the desks of investment bankers, bond traders, equity analysts, pension fund managers, sovereign wealth funds and central bank officials....
...The Netherlands’s private credit fund ILX is developing platforms to enable big pension funds to co-invest with the leading MDBs in emerging market green credits....
...Big institutions have long pursued farmland, led by fund groups such as TIAA and public pension plans, but institutional investors own only 2 per cent of the $3tn US market, according to industry estimates...
...Trillions of dollars of central bank stimulus have turbocharged a bull market for US equities and lifted asset prices indiscriminately across the board. This has made investors complacent....
...The bog-standard funds in my pension fund charge a per cent a year. If you think you’re only gonna get 6 and 7 per cent real return, that’s a big chunk of your annual return....
...So, in a CDC, the trustees, whose sole responsibility would be to manage the fund in the interests of members, would have to adjust promises from time to time in light of experience....
...Calstrs, the second-biggest public pension plan in the US, has become one of the first large pension funds to confirm heavy losses on its Russian investments, while Citigroup warned it risked losing $4bn...
...Vanguard has elected Tara Bunch, Airbnb head of global operations, to its board of directors and its board of trustees of each of the Vanguard funds....
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