Hints and tips:
...Pension funds are now taking a more cautious approach to private credit....
...Barings has raised billions of dollars for its private credit strategy from investors including Staffordshire County Council’s pension fund and a fund that invests the money of Ohio schoolteachers....
...Smart read Check out Will Schmitt’s story about how a Texas pension fund seems to have skirted the state’s tough ESG investing prohibitions....
...Monetary policy: Cleveland Fed president Loretta Mester will deliver a speech at the Ohio Bankers League economic summit....
...Marshall added that US funds that helped Ukrainians with pensions were tough to swallow for people looking at their 401Ks, which had been “just completely whacked”....
...The main US federal government pension fund is to exclude China- and Hong Kong-listed stocks on the recommendation of its investment consultant, Aon, which cited the rising tensions between the world’s two...
...The other is Jim Jordan, an ultraloyal Ohio Trumpian, who has for years been a thorn in the side of Republican leadership....
...Ohio-based Strive markets itself as a provider of exchange traded funds for investors who believe that companies have become too involved in societal issues such as racial equity and climate change....
...Pension funds after the UK government bond crisis Wild swings in the gilt markets, such as those caused by the Liz Truss government’s “mini” Budget in September, have taught UK pension funds an important...
...And read on for Kenza’s take on new research looking at the climate impact of corporate pension funds....
...The launch comes as Florida has passed a resolution barring its pension fund managers from embedding environmental, social and governance-related factors into their investing strategies, while Texas has...
...The credit rating of the state of Illinois — which was flirting with insolvency at the onset of the pandemic because of pension liabilities and declining tax revenue — was upgraded in April....
...Consider the largest prospective recipient of the SFA, the Central States Pension Fund....
...Public pension plans in Colorado, Ohio, Oregon, New Jersey and Rhode Island were paying out 5 per cent of their assets as recently as 2017....
...But Kwarteng would be wise to wave through whoever bids most, using binding commitments to the UK and the Meggitt pension fund as reasonable conditions....
...The South Korean manager added that it aimed to make ETFs “more reasonable to invest in and possible to be utilised into pension and retirement funds as long-term portfolios for the investors”....
...Separately, Goldman is looking to slash its equity investments portfolio, relying instead on fees from pension funds and wealthy clients to bring in asset management revenue....
...But interest from US pension schemes, the hedge fund industry’s most important client group, has weakened only slightly....
...The shift from company pensions to the individualism and insecurity of defined contribution schemes is also coming at a cost to the young....
...Reddit’s WallStreetBets would prove the gateway into the 25-year-old Ohio engineer’s wildest ever bet....
...The Trump administration has also proposed cutting payroll taxes, which fund government pensions and healthcare programmes, and stimulus to stricken sectors of the economy, from small businesses to US airlines...
...It can leave them without continuing advice from their adviser on the selection of subaccounts, when to start drawing funds, and whether to annuitise or accept an offer from the company to cash in,” says...
...The financial troubles of Murray Energy could put pressure on Congress to take action to rescue the United Mine Workers of America pension fund, which is likely to become insolvent sooner than current projections...
...Mr Crum recently ran his own business, 330 Consulting, which advised pension funds....
...You can read a profile of the former Canada Pension Plan Investment Board executive here....
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