Avesi secured commitments from a globally diversified investor group, comprised of leading endowments, foundations, family offices, consultants, funds of funds, and seasoned CEOs and industry executives.
The nation’s largest public pension fund has agreed to pay up to $2.7 billion to refund policyholders hit with huge hikes in their premiums, it was announced Tuesday.
Empower AMA provides very similar benefits to plans and participants, including personalized fund-specific recommendations, savings rate recommendations and help with spending money in retirement.
Asset managers are warning that new sustainable finance rules in Europe could end up reducing financing to emerging markets countries, where capital is most needed to fund the renewable energy transition.