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...Moody’s is to leave its office in Canary Wharf in favour of new premises in the City, making it the latest high-profile financial tenant to abandon London’s Docklands for the Square Mile....
...of return are not the same as distributions)....
...The portfolio shake-up, which was confirmed after a scheduled asset allocation review, will bring the California-based plan into line with other big retirement systems in the US, including Calstrs, which...
...Britain’s £1.4tn DB retirement system serves about 10mn retired and current private-sector employees....
...The company said the introduction of a new IT system from Salesforce in 2021 meant that it was now able to monitor the service provided to clients, and that it expected the claims to be a “historic issue...
...Plus, the FT’s Alison Killing talks about Russia’s failed rebuilding of the Ukrainian city of Mariupol....
...Ennis said Jason Malinowski, CIO of Seattle City Employees’ Retirement System, was a strong candidate to succeed Ailman....
...Steven Meier, chief investment officer of the $264bn New York City Employees Retirement Systems, said his fund was expanding into private credit when “everyone else has pulled back”....
...His son, also named Boris, talked about his father last year in a long and interesting interview for the World Chess Hall of Fame in St Louis, focusing on Spassky’s later life where he emigrated to France...
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...Among the newest arrivals are White Cube, whose Seoul space is located in the city’s smart Gangnam district south of the Han River....
...Staged inside the oldest courtyard of the Louvre, where a custom-made electrical orb hung from the ceiling, Ghesquière and some 2,000 Louis Vuitton employees — who had been invited to the show to celebrate...
...Now the BoE plans to stress test insurers on their exposure to reinsurers through a flurry of corporate pension deals, as concerns mount about the risk posed by offshore arrangements to UK retirement savers...
...That makes from six additions and six relegations total: the Norwich City of the FTSE 100. Or maybe it’s more accurate to say Norwich is the Tate & Lyle of the Premier League....
...The great photographer Irving Penn, taking his portrait, got him to relax by telling him to think of the Spanish mystic nun St Teresa de Ávila (Blahnik has all of her memoirs)....
...But such a check would have barred the kind of investment that has enriched and developed Singapore. The experience of the city state shows that higher debt issuance is a poor measure of fiscal space....
...Ailman’s comments come as he prepares to “pass the baton” to a successor from June after announcing his retirement last month....
...Pope grew up in a suburb of St Louis, Missouri, and her father worked for 30 years at aerospace manufacturer McDonnell Douglas, where he started as a mechanic....
...City of London cash into UK infrastructure....
...Ziyad Al-Aly, R&D chief at Veterans Affairs St Louis Health Care System and clinical epidemiologist at Washington University in St Louis, discovered that patients in the VA’s extensive database who had recovered...
...At the time, this was greater than the official estimate of the entire private sector pension system’s asset base. It was greater even than the stock of outstanding public debt....
...Meanwhile, offsetting changes to the benefit system have cushioned the impact of stagnating incomes and the surging cost of living for lower-income households....
...Focus on customers A feature of the Australian system is the pooling of investment management resources....
...Plans for infrastructure In New York, the pandemic has stirred all sorts of talk about the city’s demise, led by an ever-worsening deterioration of the nation’s largest transit system....
...State Teachers Retirement System....
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