Investment Archives - Page 64 of 143 - Pension Policy International

31MayMay 31, 2023

South Korea’s NPS fund sticks to plan to boost overseas, alternative investments

South Korea's National Pension Service (NPS), manager of the world's third-largest public pension fund, will continue to gradually increase its target investment in overseas and alternative assets, the welfare ministry said. The NPS will invest 55% of its total assets in stocks, 30% in bonds and 15% in alternative assets by 2028, the ministry said in a statement released on Wednesday. Its five-year investment target ratios, decided by the representative panel that governs the fund's investment policies, remained the same as...

May 31, 2023

NewsInvestment, South Korea

30MayMay 30, 2023

Industry Voice: Improving value in workplace DC pension schemes

A key component in value is offering properly diversified investments. If you compare the Local Government Pension Scheme (LGPS) and workplace DC schemes, both are funded UK occupational pension schemes with high numbers of active members but there is noticeable difference between their invested assets. Look at the range of funds offered by an LGPS pool such as Border to Coast and you will find both passive and active equity funds, corporate credit as well as a range of alternatives such...

May 30, 2023

NewsDefined Contribution, Investment, Occupational Pensions, UK

30MayMay 30, 2023

Goldman Sachs’s China dealmaker stops tapping US investors

The head of Goldman Sachs’s private equity business in Asia has said she has stopped trying to raise money in the US because of geopolitical tensions between Washington and Beijing. Stephanie Hui, who runs the Asia-Pacific private and growth equity arm of Goldman Sachs Asset Management, with investments that include deals in China, made the comments at a private equity conference in Hong Kong on Tuesday. “I’ve been asked to do observations of what we’re seeing in the marketplace . . . [one is] the...

May 30, 2023

NewsChina, Investment, US

29MayMay 29, 2023

The problem with UK government pressure on pension funds to diversify

UK politicians are urging the country’s pension funds to invest less in UK government bonds (Gilts) and more in riskier and complex assets including young UK companies, and infrastructure. Railpen’s John Greaves, head of investment strategy and research explains the various problems with the plan. The asset mix of closed defined benefit (DB) pension funds in the UK has been moving more into low risk assets like Gilts in recent decades as these schemes have matured. The sudden rise in government...

May 29, 2023

NewsInvestment, UK

26MayMay 26, 2023

ChatGPT spurs interest of pensions and institutional investors in Chinese AI firms

ChatGPT has brought artificial intelligence to the forefront of institutional investors' minds and Chinese AI companies are benefiting from that interest — even if limited partners and venture capital firms are keeping silent on the topic. A February report by the Center for Security and Emerging Technology, a research organization within Georgetown University in Washington, said that Chinese AI firms raised $110 billion between 2015 and 2021, of which $40.2 billion came from syndication deals in which U.S. investors participated....

May 26, 2023

NewsChina, Investment

25MayMay 25, 2023

Analysis: Global pension funds eye currencies for additional returns

Expectations for lower returns in stocks and bonds are sending some pension funds into currency markets to diversify their portfolios and bolster performance. While both equities and fixed income have partially rebounded from last year's steep declines, some portfolio managers worry the scope for upside in either asset class may be limited, as markets face a tangle of issues including a standoff over raising the U.S. debt ceiling and a potential recession brought on by the Federal Reserve's aggressive monetary...

May 25, 2023

NewsInvestment, Pension Management

25MayMay 25, 2023

Changing pensions regulations will not boost UK business investment Expert

Often in politics, a bad idea turns up when its time has finally come. The current contender in the UK is the belief that a few tweaks to pension rules will flood dynamic companies with much-needed funds, save the troubled stock market, improve returns for future pensioners and resolve the longstanding weakness in business investment. Chancellor Jeremy Hunt said in his March Budget that his plans, to be announced in the autumn, will “unlock productive investment from defined contribution pension...

May 25, 2023

NewsInvestment, Regulation, UK

24MayMay 24, 2023

US. House passes bill requiring Treasury report on economic risks from China

The House overwhelmingly passed a bipartisan bill that would require the Treasury Department, along with several federal regulators, to issue a report on risks posed to the U.S. by China's financial sector. In a 400-5 vote, the House passed the China Financial Threat Mitigation Act of 2023 Monday, introduced by Reps. Abigail Spanberger, D-Va., and Roger Williams, R-Texas. The bill directs the Treasury secretary — in consultation with the chairmen of the Federal Reserve, SEC, Commodity Futures Trading Commission and the...

May 24, 2023

NewsInvestment, Regulation, US

23MayMay 23, 2023

US. Major pension funds are steering big dollars to infrastructure

Major U.S. pension funds are increasingly turning to infrastructure for its solid risk-adjusted return profile and strong performance resilience. Since 2011, Pensions & Investments has tracked more than 950 infrastructures hires totaling more than $134 billion committed, paced by 148 hires and $17.7 billion committed in 2021. Maine Public Employees Retirement System, Augusta, is also drawn to infrastructure due to its ability provide diversification from the plan's public and private equity and fixed-income assets, said William Proom, managing director of investments...

May 23, 2023

NewsInvestment, Pension Management, US

23MayMay 23, 2023

Institutions boost exposure to private credit

Institutional investors' private debt allocations are ticking up at a time when public fixed-income returns are at a 20-year high, and higher interest rates and economic risks threaten borrowers. Many investors are accepting illiquidity and other risks in exchange for the diversification, income and, potentially, greater long-term returns than they expect from public fixed income. With long lockups, investors are betting that an economic downturn won't cause borrowers to go bankrupt and that interest rates will fall, easing the stress of...

May 23, 2023

NewsInvestment

May 2023