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...public-sector pension funds....
...The Saudis plan to stick with their original plan to buy 10 per cent and do not want to increase their stake in the airport beyond this, according to a person familiar with the deal....
...Its investors include state pension schemes in California, Texas, Florida and Iowa as well as investment funds in Canada, Australia and across Europe....
...S&P ranks BP’s long-term credit as A minus compared with Shell’s A plus, raising the cost of financing for the company....
...These delays have meant that Kyiv has started looking at a “Plan B” and even a “Plan C”, Pidlasa said....
...Shell chief executive Wael Sawan outlined plans after he took over the role last year to keep investing in fossil fuels....
...CPPIB — which is independent of the Canada Pension Plan, whose assets it invests — has a large in-house investment team and operates at arm’s length from federal and provincial governments....
...Europe’s third-largest pension fund has sold €2.8bn of its holdings in oil groups including Shell, BP and TotalEnergies because they were not doing enough to produce credible plans for the clean energy transition...
...And a particular set of confident investors are eschewing annuities in favour of buying index-linked gilts of differing maturities within a self-invested pension plan (Sipp) drawdown....
...These owners, which also include pension funds Omers of Canada and Britain’s USS universities scheme, are in a stand-off with regulator Ofwat over the amount of shareholder equity needed to support the water...
...“He will leave behind a strong team and a well-positioned portfolio,” Shell said....
...quality of audits of some retirement plans....
...Analysts at Royal Bank of Canada estimated that Close Brothers would be hit with a £250mn redress bill....
...The Canada Pension Plan Investment Board is putting in $326mn — the largest amount — to raise its stake from 6 to 11 per cent, while Origin Energy is investing $305mn to increase its stake from 20 to 23...
...But the 2007-08 financial crisis brought the boom to an abrupt end and left many institutions nursing big losses....
...Institutional investors that sided with the activist proposals include Norway’s sovereign wealth fund, the Canada Pension Plan Investment Board, California Public Employees’ Retirement System and the California...
...Short sellers include Canada Pension Plan Investment Board and London-headquartered hedge fund Qube Research & Technologies, which are betting against 0.5 per cent and 0.72 per cent of Telecom Italia’s shares...
...Last month, the Colorado State Board of Accountancy fined Ben Borgers $5,000 and issued a “letter of admonition” after ruling that he had failed to conduct retirement plan audits with “due care”....
...The Ontario Teachers’ Pension Plan has agreed to buy UK wealth manager Seven Investment Management, as one of Canada’s biggest investors bets on a sector that is rapidly consolidating....
...Ailman’s comments come as Europe’s third-largest pension fund has sold €2.8bn of its holdings in oil groups including Shell, BP and TotalEnergies because they were not doing enough to produce credible plans...
...The investors — which also include pension funds Omers of Canada and Britain’s USS universities scheme — announced two weeks after Ofwat’s letter that the business was “uninvestable” and backtracked on a...
...Adnoc plans to expand production capacity by more than 10 per cent to 5mn barrels a day by 2027....
...At the end of 2022, a group of large pension plans, including funds from Canada, Japan and the UK, discovered that they had lost a large part of the £5bn investment in Thames Water that they had recorded...
...One area of promise is the Local Government Pension Scheme, which if it were a single fund would rank among the biggest in the world, rivalling the famed funds of Canada and Australia....
...Bridgepoint and the Canada Pension Plan Investment Board are the major shareholders in Dorna. Dorna’s management, including chief executive Carmelo Ezpeleta, are also shareholders....
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