According to a new report, North Carolina’s pension for public employees is in much better shape than many other states, but still has large unfunded liabilities.
Canada’s Public Sector Pension Investment Board said on Thursday it expects to cut its exposure in greenhouse gas emitting assets by 20-25% in the next four years as part of its new climate strategy.
The firm’s open-ended Global Private Assets Fund launched in 2019, and is open to retail and wholesale investors in Australia and New Zealand, Canada, as well as parts of Europe, Asia, Latin America and the Middle East.
Real estate investment firm The Townsend Group cost the Dallas Police & Fire Pension System up to $1.2 billion in damages by failing to adequately warn it of the risks of investing in undeveloped land, the pension plan told a Texas state court jury Wednesday.
Former Citadel analyst Gregory Blotnick has been sentenced to over four years in prison by a federal judge in Newark, New Jersey, after claiming $4.6 million fraudulent Covid relief loans for his start-up hedge fund Brattle Street Capital LLC, according to a report by BNN Bloomberg.
Most traditional hedge funds getting into digital assets are still just ‘dipping their toes’ in the water with 57% having less than 1% of total AuM in digital assets.