April 2022

GPIF asigna $ 6.2 mil millones al nuevo índice de acciones ESG Japan

GPIF allocates $6.2 billion to new ESG Japan equity index

Japan's Government Pension Investment Fund allocated ¥760 billion ($6.2 billion) to a new ESG index, the FTSE Blossom Japan Sector Relative index, GPIF President Masataka Miyazono said Wednesday. Read also AIG shifting $150 billion to BlackRock The Tokyo-based pension fund, the world's largest with ¥199.3 trillion in assets, said in a news release that FTSE Russell's ESG ratings as well as evaluations of company management's "attitude toward (the) risks and opportunities of climate change" will be considered when selecting constituents for...

Perú. MEF sugiere que retiros de fondos AFP sean acotados y mejor focalizados

Entre el 2020 y el 2021, se aprobaron desde el Ejecutivo y Legislativo un total de cinco normas que autorizaban a los aportantes y exaportantes para que realicen retiros extraordinarios del Sistema Privado de Pensiones (SPP) a fin de mitigar los efectos de la pandemia. Sin embargo, desde el Congreso se impulsa un nuevo retiro a las Administradoras de Fondo de Pensiones (AFP), ya que aún existen ciudadanos que sufren los estragos de la COVID-19. En total son ocho proyectos de ley que se han presentado en esa línea, de...

Why Society Needs To Change How We Think About Aging

Why Society Needs To Change How We Think About Aging

With the Age Discrimination in Employment Act coming into force back in 1967, the notion of age discrimination has a long history. Unfortunately, it’s an issue that we still grapple with today, and whereas it’s easy to assume it’s only a problem for those in and around retirement age, a survey from Senior Living suggests it can kick in as early as our 40s. The research, which saw over 1,100 Americans over 40 years of age quizzed about their workplace...

México. Afores continúan invirtiendo en proyectos eléctricos, pese a incertidumbre por la reforma: Consar

Las Administradoras de Fondos para el Retiro (Afores) no han dejado de invertir en proyectos del sector eléctrico, se mantienen muchos de los proyectos y hay interés, aseguró Iván Pliego, presidente de la Comisión Nacional para el Sistema de Ahorro para el Retiro (Consar). Lo anterior, a pesar de la incertidumbre por la resolución de la iniciativa de reforma eléctrica, que ha sido turnada a la Cámara de Diputados para su análisis y discusión. Leer también México. En el primer bimestre...

March 2022

Class of 2022

By abrdn Our second iteration of the Class of report series paints a picture of what the Class of 2022 have in store for their retirement – from how they plan to spend their time to how prepared they are forwhat is to come. We’ve also spoken to those who retired in 2021 to see how they’ve got on in their first year of retirement and if there’s anything they’d do differently. The Class of series surveys 2,000 UK adults who are...

How Do Private Equity Fees Vary Across Public Pensions?

How Do Private Equity Fees Vary Across Public Pensions?

By Juliane Begenau & Emil Siriwardane We study how investment fees vary within private-capital funds. Net-of-fee return clustering suggests that most funds have two tiers of fees, and we decompose differences across tiers into both management and performance-based fees. Managers of venture capital funds and those in high demand are less likely to use multiple fee schedules. Some investors consistently pay lower fees relative to others within their funds. Investor size, experience, and past performance explain some but not all...

U.S. funds remain vigilant over exposure to Russian securities

U.S. funds remain vigilant over exposure to Russian securities

U.S. pension funds large and small are monitoring their portfolios for exposure to Russian securities and are asking their money managers to divest those investments as Russia continues to wage war in Ukraine. Members of the investment staff of the $41 billion defined benefit plan of Indiana Public Retirement System, Indianapolis, have been "actively monitoring and managing its Russian-related investments leading into and throughout the invasion into Ukraine," a statement from the fund said. Indiana Gov. Eric J. Holcomb issued an...

México. Cambios en reglas de inversión de fondos mutuos buscan flexibilizar el Sistema del Ahorro para el Retiro: Consar

La Comisión Nacional del Sistema del Ahorro para el Retiro (Consar), a través de su presidente Iván Pliego Moreno, detalló que el cambio en las reglas en el porcentaje de inversiones que los fondos mutuos con estrategias activas son parte de la flexibilización del Sistema del Ahorro para el Retiro (SAR). "Es parte de la flexibilización y vamos a continuar, queremos que las Administradoras de Fondos para el Retiro (Afores) aprovechen al máximo el régimen de inversión", dijo a medios...

UK. Flexi-retirement increasingly common due to gig economy

Flexi-retirement is becoming increasingly common, as more and more retirees are opting to work part-time in the gig economy. According to a new report from Abrdn, two thirds of people retiring in 2022 do not plan on giving up work completely. This compares to just over half of those who retired in 2021 and a third of 2020 retirees. The report, which surveyed 2,000 UK adults, reveals how the “class of 2022” plan to spend their and money in retirement. A quarter said...

Perú. La OCDE advierte sobre retiro de fondos AFP

Los retiros anticipados de los recursos de las Administradoras Privadas de Fondos de pensiones (AFP)no ayudan al proceso de adhesión a la Organización para la Cooperación y el Desarrollo Económicos (OCDE), sostuvo el jefe de la unidad de pensiones de ese organismo, Pablo Antolín. Leer también Perú. MEF sugiere que retiros de fondos AFP sean acotados y mejor focalizados La OCDE está compuesta de directorados y cada uno tiene comités, en los cuales hay recomendaciones aprobadas y son estas sugerencias que...