In The News
The Guardian reports that the government-backed National Employment Savings Trust (Nest) scheme, which has nine million members, will ban investments in any companies involved in coal mining, oil from tar sands and arctic drilling.
Huge holdings of Japan’s GPIF add to pressure for steep curve.
Kuwait’s Public Institution for Social Security posted a record first-quarter investment profit following a reboot of its strategy as the pension fund put behind a corruption scandal involving a previous manager.
As the MBTA struggles through the pandemic with a drop in ridership and revenue, another pressing financial problem looms largely outside the public eye: the bleeding of the pension fund for T workers.
‘Crisis Protection Class’ defensive strategy helps portfolio double benchmark’s return.
The trustees for the Arkansas Public Employees Retirement System will ask the Arkansas General Assembly in the 2021 regular session to enact legislation that would phase in an increase in the 5%-of-salary rate charged to members who pay into the system, the trustees decided on Tuesday.
OMERS Infrastructure has acquired a 19.99% stake in TransGrid, a New South Wales, Australia-based electricity transmission company.
New Jersey’s pension fund returns were down 1.5% for the first 11 months of the fiscal year, the director of the Division of Investment said Wednesday.
Brandywine said the deal positions Commerce Square for continued growth.
CNBC’s Jim Cramer on Wednesday railed against a proposal to update a security law that provides oversight over Wall Street activity.
