The retirement fund has been around since the 1940′s but it’s teetering off a precarious ledge. The review board found the fund will run out of assets by 2043, in a best-case scenario.
Wilshire, a global investment technology and advisory company, and Rayliant, an Asia-focused fund manager dedicated to providing innovative quantitative investment solutions, today announce a collaboration to develop a new generation of quantitative strategy indexes to give institutional investors access to new passive investment opportunities.
Pension Funds Administrators are now downsizing their investments in state governments’ bonds amidst fears that the states’ financial stability and their commitment to pensions are questionable.
On October 22, 2021, Apollo Management and its managed funds agreed to invest US$ 824 million in a convertible equity portfolio financing agreement with NextEra Energy Partners, LP (NYSE: NEP) in a 2.5 GW renewable energy generation portfolio.
Comptroller Tom DiNapoli announced he was divesting $111 million in New York pension-fund investments from Unilever’s refusal to sell its products in Israel-controlled territories.
Astorg is proud to announce that it has received approval and validation by the Science Based Targets Initiative (SBTi) for its GHG emission reduction targets.