October 2023
11Oct

Asia pension funds increase share of alternative assets

Asian pension funds are aggressively diversifying their portfolios to include alternative investments in a bid to circumvent the volatility of traditional asset classes and manage liabilities more efficiently. A new report by Cerulli Associates found a rising trend of pension funds seeking more stable returns across market cycles and additional income avenues such as private credit and real assets. “The potential to deliver strong absolute and risk-adjusted returns and beat inflation are key reasons Asia-Pacific ex-Japan pensions are investing in alternatives,” Shaun Ng,...

October 11, 2023
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11Oct

PIAFRICA 2024: Shaping The Future Of Pension Funds And Alternative Investments In Africa

PIAFRICA 2024, the 7th edition of the Pension Funds and Alternative Investments Africa Conference, is set to take place on February 28th – 29th, 2024, at the Intercontinental in Mauritius. This distinguished event brings together Pension Fund Managers, Investment Managers, Institutional Managers, and industry leaders for a groundbreaking gathering. The overarching theme of the event revolves around exploring new investment avenues, especially in alternative investments, and addressing the challenges that accompany them. PIAFRICA is not just a conference; it’s a...

October 11, 2023
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11Oct

By 2024, the 65-and-over age group will outnumber the youth group: new WHO report on healthy ageing

By 2024, it is estimated that the population of individuals aged over 65 years will outnumber those under the age of 15 in the WHO European Region. This trend means new social, economic and health challenges, which demand a focus on healthy ageing to mitigate the impact of an ageing population. WHO's report “Promoting physical activity and healthy diets for healthy ageing in the WHO European Region” navigates this shift, providing a roadmap for healthy longevity. Diets and physical activity...

October 11, 2023
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10Oct

U.K. investment managers see assets dip 12% in 2022

Assets managed by the U.K. investment management industry fell to £8.8 trillion ($10.61 trillion) at the end of 2022, a 12% decrease from the previous year, according to the Investment Association's annual Investment Management Survey. The survey released Oct. 10 attributed the drop to a broad-based market correction reflecting monetary policy changes, inflation, the Ukraine war and other global uncertainties. "The markets experienced an unusual correlation in the direction of travel for both global equities and bonds," the survey report said. Sharp...

October 10, 2023
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10Oct

US Corporate Pension Funding Rises Slightly in September

U.S. corporate pension funding status increased in September, despite a decline in equities. September’s funding status was a return to the norm, following an August that saw pension funding decline for the first time this year.  Insight Investment found that pension funding status improved by one percentage point in August, to 107.5% from 106.5%. Equity losses were offset by a roughly 40 bps increase in discount rates, causing liabilities to decline faster than assets. Assets decreased by 4.5% in September,...

October 10, 2023
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10Oct

EIOPA lays down strategic priorities for 2024/26 with focus on managing uncertainty

The European Insurance and Occupational Pensions Authority (EIOPA) has outlined its strategic priorities for the period 2024-2026, highlighting its plans to “focus on managing the uncertainty in times of transformation so that the insurance and pensions sectors can continue to deliver value to policyholders and beneficiaries.” In a statement, the EIOPA laid down six strategic priorities on which to focus, which include sustainable finance, digital transformation, supervision, policy, risks to financial sustainability and governance. Under sustainable finance, the Authority stated it...

October 10, 2023
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10Oct

Nigeria. PenCom Disburses N10.2bn To 142,486 NSITF Scheme Contributors

The National Pension Commission (PenCom) has has transfered a total of N10.2 billion to 142,486 Retirement Savings Accounts (RSA) under the Organised Private Sector (OPS) of the Nigerian Social Insurance Trust Fund (NSITF) scheme to date. This was disclosed by the director-general of PenCom, Aisha Dahiru Umar, at a one-day interactive session with the OPS on the current developments and challenges in the implementation of the Pension Reform Act (PRA) 2014, which took place in Kano State, on Tuesday. “To date,...

October 10, 2023
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10Oct

U.K. investment managers see assets dip 12% in 2022

Assets managed by the U.K. investment management industry fell to £8.8 trillion ($10.61 trillion) at the end of 2022, a 12% decrease from the previous year, according to the Investment Association's annual Investment Management Survey. The survey released Oct. 10 attributed the drop to a broad-based market correction reflecting monetary policy changes, inflation, the Ukraine war and other global uncertainties. "The markets experienced an unusual correlation in the direction of travel for both global equities and bonds," the survey report...

October 10, 2023
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10Oct

US Corporate Pension Funding Rises Slightly in September

U.S. corporate pension funding status increased in September, despite a decline in equities. September’s funding status was a return to the norm, following an August that saw pension funding decline for the first time this year.  Insight Investment found that pension funding status improved by one percentage point in August, to 107.5% from 106.5%. Equity losses were offset by a roughly 40 bps increase in discount rates, causing liabilities to decline faster than assets. Assets decreased by 4.5% in September,...

October 10, 2023
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09Oct

US. New SEC Names Rule getting mixed reaction from industry

Opinions vary on the SEC's choice to expand the scope of its Names Rule — while some industry players feel the new rule will help prevent misleading fund names, others say it will be a disruption to the industry. According to SEC Chair Gary Gensler, the rule amendments "will help ensure that a fund's portfolio aligns with a fund's name. Such truth in advertising promotes fund integrity on behalf of fund investors," he said in a news release Sept. 20...

October 9, 2023
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