Hints and tips:
...Over the past year, Labour has courted private equity executives as part of a broader drive to attract investors, including pension plans and sovereign wealth funds, to help finance the shift to green energy...
...Just $830mn of domestic institutional and banking capital in Africa is invested in climate solutions and clean energy, a fraction of the $1.4tn assets managed by local institutions including pension funds...
...“Government needs to recognise this as an international, globally competitive market,” he told attendees at the Trades Union Congress pension conference in London this week....
...Announcing the shake-up, Hunt said: “British pension funds appear to contribute less to the UK economy than international counterparts do as they invest less in our domestic businesses....
...Many of the biggest funds in Australia have nearly half of their portfolio — including listed equities and private assets — in international areas....
...Weingarten: There are times as an AFT trustee, when you’re sitting on the board of a pension fund and you see $4bn in front of you and you have to make an investment decision. Wow....
...In the meantime, the UK government bond market went into meltdown in 2022, as pension funds’ liability-driven investment strategies struggled to cope with a sudden rise in yields....
...Mutual funds got another boost in the 1980s, as big companies started shifting away from defined benefit pensions....
...(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...
...Since 2021, trustees of the UK’s biggest pension schemes have been required to identify, assess, manage and disclose climate-related risks and opportunities....
...The Big Read Once an investment backwater, infrastructure has become a favoured area for pension funds seeking yields and protection against market volatility....
...First, he offers no serious plans for consolidation of the multitude of private sector DB funds into bigger and more aggressively managed ones....
...I’d rather keep a lid on the lifestyle creep and max out my monthly pension and Isa investments....
...So I will introduce new requirements for DC and local government pension funds to disclose publicly their level of international and UK equity investments....
...The pension trustees should get £20mn from Wilko’s property assets, although it is unclear what the pension deficit is....
...Fund, Haywards Heath, West Sussex, UK Time to scrap FRS17 measurement of pension scheme deficits / From John Murray, Guildford, Surrey, UK Let’s stick with the FRS17 ‘weighing machine’ / From John Ralfe...
...“When Lula was president, it was one of the best times here in Pernambuco — and perhaps in the whole of Brazil,” says John Bezerra da Silva, who worked as a welder at both the shipyard and refinery but now...
...In total, Redstone estimates that US pension funds own 10 per cent of Germany’s tech unicorns, worth a collective €47bn, compared with 0.2 per cent held by German pension funds....
...Check the requirements as set down by the International Capital Market Association and Loan Market Association....
...Charles Malcolm-Brown, Dixon’s deputy chair and managing director, said that finding employees in a small company with the time and desire to serve as pension trustees was a constant challenge....
...Duncan Lamont is head of strategic research at Schroders. The UK pension fund system has emerged as a popular and convenient bogeyman for a range of woes afflicting Britain’s financial fortunes....
...Part bank, part hedge fund Under pressure from the Pensions Regulator, pension fund trustees are no longer primarily focused on maximising returns in defined benefit schemes....
...“This kind of fraud, this kind of corruption is as old as time, and we have no patience for it.”...
...Lucy FisherIt doesn’t feed into, then, as sort of John Major-esque, end of an era, sleaze and decay narrative?...
...Read more on the outcome of the fractious Opec+ meeting. 2....
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