December 2025
19Dec

TfL Pension Fund raises ESG allocation to 15.9% after exceeding net-zero target

The TfL Pension Fund has surpassed its interim net-zero target and increased its allocation to environmental, social and governance (ESG)-tilted investments to nearly 16 per cent, according to its latest report on sustainable investing. The fund reported a 58 per cent reduction in carbon emissions intensity as of 31 March 2025, relative to a 2016 baseline, exceeding its 55 per cent reduction target for 2030. Its long-term objective remains a 100 per cent reduction by 2045. At the same time, ESG-tilted investments...

December 19, 2025
News,
Read more...
17Dec

Dutch Pension Shift Obsessing Bond Traders Is About to Get Real

In the European market for long-term bonds, a once-loyal and deep pocketed customer is about to start shopping elsewhere. The €1.6 trillion ($1.9 trillion) Dutch pension system — the largest in the region — is undergoing a major transformation aimed at making it more sustainable for an aging population. Funds will invest more in riskier assets and less in bonds, with a big drop in demand expected for long-term interest-rate hedges. The big start of the shift, years in the planning,...

December 17, 2025
News,
Read more...
11Dec

US. Major labor union warns new bill could put retirement savings at risk

The fight over how the U.S. should regulate digital assets escalated this week after one of the country’s largest labor unions warned Congress that a new crypto bill could put retirement savings at risk. At the same time, Wall Street is beginning to experiment with tokenized stocks, the very scenario unions say the legislation fails to control. Tokenized stocks are digital versions of real company shares that live on a blockchain but still represent the same ownership and rights as traditional...

December 11, 2025
News, ,
Read more...
11Dec

UK. Trustees need flexibility to make pension investments matter for long term

Politics can struggle to look past the next week. Fortunately, others must. Take pension funds, for example. Today’s youngest pension savers will retire into the world in 2070. What’s that world going to look like? Capital shapes the world around us. It finances our homes, our jobs, and the goods we consume. And UK pension funds sit on a lot of this capital; £2.5tn in total, equivalent to the size of the entire UK stock market or the annual GDP...

December 11, 2025
News,
Read more...
11Dec

Australia. Foreign pension giants sour on banks over green issues

Overseas pension funds managing hundreds of billions of dollars have thrown their support behind shareholder resolutions from environmental groups pushing for changes from Westpac and National Australia Bank at their annual meetings this week. Westpac’s fossil fuel lending is likely to be a key topic of discussion at the bank’s annual meeting in Sydney on Thursday, after environmental group Market Forces put forward a resolution that it says would require the bank to prove how its fossil fuel financing, including...

December 11, 2025
News,
Read more...
10Dec

US. AIC President in Fortune: “Private equity is an essential part of solving our country’s retirement crisis”

Yesterday, Fortune published an op-ed by Will Dunham, President and CEO of the American Investment Council, highlighting how expanding Americans’ access to private markets through their 401(k)s can play a key role in solving the retirement crisis. The op-ed cites data from a new AIC report showing that private equity has delivered stronger returns compared to public markets and other asset classes over 5-, 10-, 15-, and 20-year time horizons, even when accounting for fees. Some key takeaways from Will’s op-ed are outlined below: Read...

December 10, 2025
News,
Read more...
08Dec

UK. Pensions dump US equities over AI fears

Is an AI bubble on the horizon? Some of the UK’s biggest pension funds think so and are cutting back their exposure to US equities as a result. Schemes managing more than £200bn in assets for millions of British savers told the Financial Times they had been shifting allocations to other geographical regions or adding protection against a potential fall in stock prices in recent months, write Josephine Cumbo and Mary McDougall. The moves come as the tech-heavy Nasdaq Composite index...

December 8, 2025
News, , ,
Read more...
03Dec

UK. People’s allocates £3.6bn to emerging markets with new mandate

The People’s Pension has awarded a £3.6bn emerging markets mandate to Robeco – the latest in several investment strategy changes as it gears up for a period of growth. The £38bn master trust has shifted to an active, quantitative investing approach as part of the move, it said in a press release. The allocation was previously passive and run by State Street. People’s said the new mandate ensured “greater alignment with the scheme’s evolving responsible investment policy”, as well as aiming for...

December 3, 2025
News, ,
Read more...
01Dec

Korea Strengthens Financial-Regulatory Alliance to Channel Pension Capital into Venture Growth

Korea is taking another decisive step toward deepening the link between finance and innovation. The Ministry of SMEs and Startups (MSS) and the Financial Supervisory Service (FSS) have signed a new agreement that could reshape how institutional funds, including pensions and retirement capital, flow into venture investment. This move has shown Korea’s determination to strengthen the foundations of its venture ecosystem and support its global startup ambitions. MSS and FSS Forge Alliance to Expand Venture Investment Channels The MSS and FSS signed a memorandum of understanding on...

December 1, 2025
News, ,
Read more...

November 2025
28Nov

Largest US Pension Fund CalPERS Faces Heavy Losses As Strategy Investment Drops To $80M

California Public Employees’ Retirement System (CalPERS) has been caught on the wrong side of the recent sell-off in Strategy, with its first bet on the Bitcoin proxy stock sliding from more than $144m to about $80m in a matter of months. According to a recent SEC filing, CalPERS acquired 448,157 Strategy (MSTR) shares in the third quarter, paying over $144m for the position. The stake, which gave the fund direct equity exposure to one of the most volatile Bitcoin plays...

November 28, 2025
News,
Read more...