Hints and tips:
...A new Big Read looks at how infrastructure has become a favoured area for investment, for example from pension funds looking for yield and protection against market volatility....
...In February Royal Mail Pension Plan selected BlackRock to manage its £8.8bn in DB scheme assets....
...Wilson urged asset management groups to think creatively and widen their business models, helping to channel more pension money into private assets and using artificial intelligence technology to “democratise...
...Last week, as part of Amazon’s attempt to capitalise on the excitement around generative AI, Limp unveiled the company’s plans for the next iteration of Alexa, which he said would be “smarter and more conversational...
...A sudden shift to a “pot for life” system risks people choosing a suboptimal pension plan if they are swayed by marketing over value, according to Barnett Waddingham, an independent pension consultancy....
...One scoop to start: Permira has selected Bank of America, JPMorgan and Mediobanca as joint global co-ordinators for the forthcoming market listing of the private equity group’s Italian luxury sports shoe...
...JPMorgan and Goldman Sachs, while 16 per cent is money from Englander and employees....
...Goldman’s class of 425 partners — historically one of the most coveted titles on Wall Street — are selected every two years and undergo regular churn to make room for new talent....
...Silver Lake and the Canada Pension Plan Investment Board, its partner on the proposed buyout, are offering to pay $18.15 per share in cash for Qualtrics, or a 6 per cent premium to Friday’s closing share...
...So that gives providers some stability and ability to be able to plan, which is good for parents and good for children. Claer Barrett It certainly is....
...The Ontario Municipal Employees Retirement System, one of Canada’s largest pension funds, has named Michael Hill as global head of infrastructure....
...About 70 per cent of Citadel’s investors are institutions, including universities and pension plans....
...with rivals (FT) EDF employees challenge chair’s role in $10bn buyout (BBG) Schroders chief slams pension consultants’ ‘conflicts of interest’ (FT)...
...She has also held leadership roles at the Ontario Teachers’ Pension Plan, a C$200bn (US$157bn) Canadian pension fund....
...An entry on the government’s contracts website shows that the company selected to run the tender competition for all of these purchases is a tiny business called Place Group Limited....
...The banks are still sitting on those bridge loans, having twice called off plans to syndicate the debt — though they did privately sell a chunk of the riskiest debt to the Canadian Pension Plan Investment...
...for, and have become an income stream for another group of investors....
...Led by Bravo and a tight-knit group of managing partners, the firm has done nothing but buy software companies for nearly 20 years....
...All existing investors took part including Andreessen Horowitz, T Rowe Price, the Canada Pension Plan Investment Board, Fidelity, Mubadala, Perry Creek Capital, Silver Lake, Temasek, plus auto supplier Magna...
...“In particular, we note the impact of Covid-19 on the company’s financials and stakeholders, including furloughs for employees and the suspension of dividends....
...How should players plan for retirement with little idea of their post-playing earnings? Star footballers can become millionaires virtually overnight, even as teenagers....
...EY noted that all the projects had been certified by Gold Standard or Verra — two prominent non-profit groups that conduct assessments of carbon offset schemes — and said it had selected South Pole after...
...Another Apollo investor, Connecticut Retirement Plans and Trust Funds, said it would not make new investments with the group....
...It and rival Silver Lake sold some of their shares in the company to the Canada Pension Plan Investment Board just days before the hack became public, the Financial Times reported last week....
...One test will be what the Pennsylvania Public School Employees’ Retirement System, a big US public pension fund, decides....
International Edition