Investment Archives - Page 72 of 143 - Pension Policy International

12JanJanuary 12, 2023

Ghana says debt exchange talks with local pension funds continuing

Ghana's finance ministry on Wednesday said negotiations on the terms of a domestic debt exchange agreement with local pension funds were continuing and that they would be made public once an agreement on the details is reached. Ghana's government, in a bid to mitigate an ongoing economic crisis, has negotiated a staff-level agreement for a $3 billion loan package from the International Monetary Fund (IMF). The deal will only be approved by the IMF board if Ghana undergoes comprehensive debt restructuring,...

January 12, 2023

NewsGhana, Investment, Pension Management

12JanJanuary 12, 2023

Building up the voluntary carbon markets

Voluntary carbon markets stand to play a big role in the shift to a net zero global economy by enabling companies to offset certain emissions during the transition. They also have the potential to channel significant and much-needed investment towards initiatives that will have a positive climate impact. These markets are distinct from the compliance carbon markets managed by governments, such as the EU’s emissions trading system, and are already growing rapidly. According to non-profit Ecosystem Marketplace, VCMs almost quadrupled in...

January 12, 2023

NewsESG, Investment, UK

12JanJanuary 12, 2023

Kenyan Pension Funds To Intensify Regional Investments In 2023

The Kenya Pension Funds Investment Consortium (KEPFIC) will this year mobilize billions in investment from local pension funds for regional opportunities. KEPFIC Secretariat in a public statement said it is looking for bankable projects that are backed by strong environmental, social and governance principles. “KEPFIC is releasing this Request for Proposals (RFP) to invite investment proposals from project sponsors and fund managers that are looking to raise capital from Kenyan pension funds for regional opportunities,” KEPFIC announced in public statement today. KEPFIC...

January 12, 2023

NewsInvestment, Kenya

11JanJanuary 11, 2023

US. Investors’ resolve to forge ahead with ESG goals deepens for 2023

Russia's invasion of Ukraine and anti-ESG sentiment in the U.S. taught institutional investors to expect the unexpected in 2022, but those developments also deepened their resolve to forge ahead with sustainable investing goals — no matter what happens in the upcoming year. In 2023, institutions' ESG goals will include more specific expectations placed on companies to address climate risk, labor and human rights issues including diversity, and biodiversity, investors said. Many of them also plan to make a more direct...

January 11, 2023

NewsESG, Investment, US

09JanJanuary 9, 2023

How world’s biggest funds are preparing for a cash crunch

In a year of disease, war and inflation, one event struck fear into the heads of Australia’s super funds more than any other. That was October’s UK pension crisis which, had it not been for the intervention of the Bank of England, would have rendered many pension funds insolvent. While most Australian super funds would say they think deeply about ensuring they are never caught without enough emergency cash, that episode brought home just how quickly a liquidity crisis can evolve. The...

January 9, 2023

NewsAustralia, Investment, Pension Management, UK

06JanJanuary 6, 2023

UK. Retirement investors rethink plans amid challenging economic climate

Just under half of retirement investors (49.6 per cent) have rethought their retirement plans or strategy in response to the challenging economic climate, research from AJ Bell has revealed. AJ Bell’s customer survey 2022 revealed that 50.4 per cent of respondents stated that the challenging economic climate had not changed their retirement plans or that they were too far away from retirement to be affected. Of those who indicated that their retirement plans had been affected, the most common response was...

January 6, 2023

NewsInvestment, UK

05JanJanuary 5, 2023

Investing novices call the shots on $4 trillion at public pensions

Canada selects directors to oversee its public pension funds for their financial expertise and pays some six-figure salaries. In the Netherlands, board members must obtain approval from the central bank. In the U.S., a lineup of unpaid union-backed reps, retirees and political appointees are the vanguards of a $4 trillion slice of the economy that looks after the nation’s retired public servants. They’re proving to be no match for a system that’s exploded in size and complexity. The disparity is dragging...

January 5, 2023

NewsInvestment, US

04JanJanuary 4, 2023

UK. Solving the Liquidity Factor for Alternative Investments in DC Plans

One of the main reasons that plan sponsors have been hesitant to bring alternative assets into defined contribution plans is concerns about the liquidity of such assets. Private real estate, for example, which has become the most common alternative investment within defined contribution plans, is at its core an illiquid asset. Part of the reason that it’s a less volatile investment than traditional securities is that it’s typically only valued once per quarter, making it even harder for asset managers...

January 4, 2023

NewsInvestment, Pension Management, UK

04JanJanuary 4, 2023

Here’s why we must not lose sight of the importance of ESG, despite the recent backlash

The consideration of environmental, social and governance (ESG) factors when making investment decisions has never faced such a profound period of negative scrutiny. After years of increasing attention and capital allocated to ESG investments, which have made substantial strides forwards in terms of technical substance and implementation expertise, 2022 proved to be a point of reflection. There are several drivers behind this wave of criticism. The combination of the impact of Russia's invasion of Ukraine, inflation and pockets of populism emerging...

January 4, 2023

NewsESG, Investment

03JanJanuary 3, 2023

UK. Industry criticises 2022 as an adverse year for pensions

Results from our last Pensions Buzz survey of 2022 revealed 54% of respondents felt the last 12 months have not been positive for the industry, against 36% who disagreed and 14% who voted don't know. Of the respondents who said 2022 had not been a positive year, several pointed to the liability-driven investment (LDI) crisis as a result of September's Mini Budget. One respondent said: "The LDI crisis was very damaging. Stock market has been volatile, pension valises have fallen and...

January 3, 2023

NewsInvestment, Pension Management, Regulation, UK

January 2023