Investment Archives - Page 64 of 154 - Pension Policy International

15NovNovember 15, 2023

US federal pension fund to exclude Hong Kong and China investments

The main US federal government pension fund is to exclude China- and Hong Kong-listed stocks on the recommendation of its adviser, which cited the rising tensions between the world’s two largest economies. The $771bn Federal Retirement Thrift Investment Board said on Wednesday that it would change the benchmark index followed by its international fund. The move will mean a shift away from an index that includes Hong Kong-listed equities. Washington has increasingly limited the range of Chinese companies available to US...

November 15, 2023

NewsInvestment, State Pensions, US

13NovNovember 13, 2023

UK pension funds step in to build affordable homes

The UK’s pension funds are increasingly stepping in to build affordable homes as the housing crisis worsens. Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension schemes, is the latest to enter the market. It is building 125 affordable homes in Kingston upon Thames, south-west London, in partnership with the developer London Square and its affordable housing subsidiary, Square Roots The £50m project, which is due to be completed by November 2025, is backed by a £4.9m grant from the...

November 13, 2023

NewsESG, Investment, UK

10NovNovember 10, 2023

Annual Survey of Investment Regulation of Pension Funds and Other Pension Providers 2021

By Organización para la Cooperación y el Desarrollo Económicos This report describes the main quantitative investment regulations that pension funds are subject to in OECD and a selection of non-OECD countries, most of which are IOPS Member countries. This report also covers the investment rules for other pension providers, such as life insurance companies, for countries like Denmark, France, Ireland, Korea, Latvia and Sweden among OECD countries and Jordan among non-OECD jurisdictions. The information reflects the rules in force at the end of 2020...

November 10, 2023

Books, Books, Regulation, Reports2021, Investment, Pension Management

10NovNovember 10, 2023

The world’s largest pension funds – 2023

By Thinking Ahead Institute The global top 300 pension funds is an annual study conducted by the Thinking Ahead Institute, in conjunction with Pensions and Investments. The research highlights high-level trends in the pension fund industry and provides information on how the characteristics of these top funds have changed. Key findings Assets Under Management (AUM) of the top 300 pension funds total US$20.6 trillion, having reduced by 12.9% in 2022, down from 8.9% growth the previous year Volatility and uncertainty in...

November 10, 2023

Books, Books, Reports, System Characterization2023, Inflation, Investment, Pension Management

09NovNovember 9, 2023

Public Retirement Systems Need Sustainable Policies to Navigate Volatile Financial Markets

Over the past decade, policy reforms and increased financial contributions have dramatically improved the cash flow situation of some of the nation’s most troubled state pension plans. Thanks to these changes, which include reforms to benefit designs, a commitment to fiscal discipline, and greater monitoring of the financial health of public retirement systems, no state is at risk of pension plan insolvency. Nevertheless, many states still have more to do to ensure the long-term sustainability of pension promises. As recently...

November 9, 2023

NewsInvestment, Regulation, US

09NovNovember 9, 2023

UK pensions minister urged to encourage schemes to invest in sustainability

LCP and Pensions for Purpose have written an open letter to UK pensions minister Laura Trott calling for investment in social and environmental sustainability and for intergenerational inequality to be at the heart of planned pension reforms. In July’s Mansion House speech, the chancellor of the exchequer Jeremy Hunt introduced a number of measures aimed at unlocking the growth potential of UK defined benefit (DB) schemes. LCP and Pensions for Purpose are urging the government to encourage pension schemes to invest more in areas...

November 9, 2023

NewsESG, Investment, Regulation, UK

09NovNovember 9, 2023

Solid returns can be found in today’s high-risk environment, investors say

Despite a challenging macro environment, there are opportunities to be found in inflation-linked bonds, the energy transition, artificial intelligence, and life sciences, said top executives at some of the world's largest investment managers during the Bloomberg New Economy Forum. Ten-year Treasury Inflation-Protected Securities currently offer real yields of 2.5%, said Lim Chow Kiat, chief executive officer at Singapore sovereign wealth fund GIC. Higher asset yields are generally good for long-term return, he added while speaking on a panel at the...

November 9, 2023

NewsInvestment

08NovNovember 8, 2023

U.S. Treasury to propose rule to ban investment on China’s tech

Deputy Treasury Secretary Wally Adeyemo said Nov. 7 the Treasury Department hopes to propose a rule "in the coming weeks" to implement the president's executive order prohibiting investments in certain Chinese technology sectors. "I think the president and his counterparts across the G7 have made very clear that our goal is not to decouple but rather to derisk the relationship with China," Adeyemo said at the Securities Industry and Financial Markets Association's annual meeting. 2 House lawmakers ask Treasury to 'urgently'...

November 8, 2023

NewsInvestment, Regulation, US

07NovNovember 7, 2023

China pension fund posts 0.33% gain in 2022

The basic pension fund managed by China’s social security fund gained RMB 5.1 billion, or 0.33% in 2022, down from a 4.9% gain in 2021, the National Council for Social Security Fund said on Saturday, reports Reuters. The shrink in yield was mainly impacted by deep changes in global economic and political situations and increasing fluctuations in the financial markets, the state investor said in a statement. China’s stock benchmark CSI 300 lost 21.6% in 2022 and so far this year...

November 7, 2023

NewsChina, Investment, Pension Management

06NovNovember 6, 2023

Canada. ‘Take your job seriously’: Employment Minister tells Alberta to stick with Canada Pension Plan

Federal Employment Minister Randy Boissonnault says he is against any attempt by the Alberta government to leave the Canada Pension Plan. "I can tell you that the federal government and I are very clearly committed to working with Albertans to keep them in the Canada Pension Plan," Boissonnault told CTV’s Power Play on Friday. "It's simply wrong to politicize pensions." Alberta's governing United Conservative Party contends that the province's workers put more into the Canada Pension Plan (CPP) than they get...

November 6, 2023

NewsCanada, Investment, Pension Management, System sustainability

November 2023