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...He added: “There are conversations happening right now” on how the pension fund votes....
...Additional reporting by Antoine Gara in New York...
...BlueCrest employs about 600 people including non-investment staff, with offices in locations including London, New York, Jersey and Singapore....
...did its first transaction last year with a corporate pension plan that was not in the protection fund....
...The Financial Conduct Authority has refused to commit to writing new rules wanted by the chancellor that would force pension funds to disclose how much they invest in the UK, people familiar with the matter...
...The letter said domestic companies make up 4 per cent of Canadian pension funds’ assets, down from 28 per cent at the end of 2000....
...The announcement comes after nearly 100 Canadian executives signed an open letter in March urging pension funds to raise their domestic investments....
...Coming into effect on April 6 2024, the move was welcomed by pension holders with larger funds, but experts said a corresponding decision to cap the amount that can be taken tax free from a retirement fund...
...In a statement on Tuesday, the $494bn pension fund said Stephen Gilmore, the former chief investment officer of the NZ$73bn (US$43.5bn) New Zealand Superannuation Fund, would become its new CIO in July,...
...The PPF bought part of a property fund at a 35 per cent discount to net assets from a fellow pension fund this year....
...Making flexible withdrawals from your pension pot — or drawdown — remains the most popular retirement income option, according to new data from the Financial Conduct Authority....
...In a move that will increase pressure over funds with significant allocations offshore, the chancellor confirmed he would introduce a new requirement on defined contribution pension funds, and local authority...
...He made the comments as he confirmed plans to introduce a new requirement on pension funds to disclose their allocations to the UK, and to ban poorly performing funds from taking on new business....
...In his Budget, Hunt confirmed new measures that require local authority pension funds and private sector retirement plans to disclose their UK investments....
...The City of London Corporation, which has collaborated with the government to channel long-term capital from pension funds into UK companies, said the chancellor’s new pension measures would “turn the dial...
...This is not a new idea. George Osborne in 2015 said funds should be pooled into six “British wealth funds”. The results are mixed. There are now eight pools that vary in size....
...(NZ Super Fund), a sovereign wealth fund owned by the New Zealand government and valued at more than $73 billion (NZD)....
...The damage was particularly acute in LDI pooled funds, which are managed for mainly smaller pension funds....
...The bill says that without the new investment fund, contributions would have risen to 22.7 per cent by 2045....
...UK pension fund values plunged by around £425bn in 2022 as bond market turmoil sparked by Liz Truss’s “mini” Budget led to forced asset selling by retirement schemes, according to a new regulatory analysis...
...New regulations to limit excessive leverage by pension funds in the wake of the autumn 2022 gilts crisis have also spurred demand for corporate bonds....
...BlackRock’s LifePath Paycheck, which rolls out in April, also combines target date funds with annuities, but the guaranteed payments can start sooner, allowing participants to keep the rest of their pension...
...As a signal of the required change in approach, it recommended that TPR’s objective to safeguard the Pension Protection Fund, the industry lifeboat, be replaced with a new objective to protect future, as...
...These are risks that every private pension scheme and sovereign wealth fund faces today. But for these risks, such funds have been rewarded over long-term horizons....
...Brevan Howard’s 1,100 staff are spread across offices in London, New York, Jersey, Abu Dhabi and Singapore, according to its website. It has about 160 portfolio managers....
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