Investment Archives - Page 81 of 143 - Pension Policy International

19AugAugust 19, 2022

Canadian pension fund CDPQ explores legal options over failed crypto firm

Canada's second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) is exploring legal options over bankrupt crypto lending firm Celsius and will no longer invest in crypto firms, it said on Wednesday. CDPQ's statement came as the fund recovers from its failed investment in New Jersey-based Celsius, which filed for bankruptcy in July less than a year after it received an investment of $150 million from the fund. "We will preserve our rights and explore legal options," CDPQ Chief...

August 19, 2022

News2022, Canada, Cryptocurrencies, Investment, Pension Management

18AugAugust 18, 2022

Investors join forces to address financial, environmental risks of water

A coalition of 64 institutional investors is collaborating to get world's biggest corporate water users and to address water as a financial risk. The Valuing Water Finance Initiative represents institutional investors with a collective $9.8 trillion in assets, and is coordinated by shareholder advocacy group Ceres and the government of the Netherlands. Read also Europe’s gas crisis: what does it mean for investors? Pension fund members include the $459.4 billion California Public Employees' Retirement System, Sacramento; $301.6 billion California State Teachers' Retirement...

August 18, 2022

News2022, ESG, Investment

18AugAugust 18, 2022

UK. 80% of employers think it is important pensions are invested responsibly

Aviva’s Working Lives Report 2022: The Big Squeeze(1) has found four out of five (80%) employers compared to 65% of employees think it is important that a workplace pension fund is invested responsibly. The research also found a further 19% of employees said responsible investment(2) is important but only as long as it does not impact the performance of their funds. However, over half (55%) of employees do not know if their workplace pension fund is invested responsibly. Just over...

August 18, 2022

News2022, Investment, UK

18AugAugust 18, 2022

Europe’s gas crisis: what does it mean for investors?

Europe’s precarious gas supply situation has been a prime focus for markets ever since Russia’s invasion of Ukraine at the end of February. The European Union (EU) and others were quick to apply sanctions to Russian oil. However, gas is a more complicated matter given the reliance of major European economies – most notably Germany – on natural gas from Russia. The situation became even more critical when a major supply pipeline – Nord Stream 1 – was closed for maintenance...

August 18, 2022

News2022, Investment

12AugAugust 12, 2022

U.S. public pensions suffer worst year since the financial crisis

An ugly start to the year for stocks and bonds has put a dent in the retirement plans of millions of state and local employees. U.S. public pension plans saw big losses during this year’s market rout, with median losses totaling 7.9% for the year ended June 30, according to data from institutional investment consultant Wilshire Associates. This marked worst annual performance — and first annual decline — for public retirement systems since 2009, according to Wilshire's data. Plans worth over $1...

August 12, 2022

News2022, Investment, Pension Managemenf, US

12AugAugust 12, 2022

Canada. CPPIB returns -4.2% in quarter on equity market losses

Canada Pension Plan Investment Board, Toronto, returned a net -4.2% for the quarter ended June 30, the first quarter of its 2023 fiscal year, said a news release Thursday. CPPIB, which manages the assets of the Canada Pension Plan, said the pension fund's net assets totaled C$523 billion ($406.1 billion) as of June 30, down 3% from C$539 billion three months earlier. The C$16 billion quarterly decrease in net assets consisted of a net investment loss of C$23 billion and C$7...

August 12, 2022

News2022, Canada, Investment, Pension Management

12AugAugust 12, 2022

Canada Pension Plan discloses billions in investments

Canada Pension Plan Investment Board, Toronto, reported a large number of investments and commitments it made in the first and second quarters of fiscal 2023, according to news release Thursday issued along with its results for its first fiscal quarter that ended June 30. CPP Investments, which manages the assets of the C$523 billion ($406.1 billion) Canada Pension Plan, said in the fiscal first quarter it closed a C$230 million investment in the term loans of Legal Search, a provider...

August 12, 2022

News2022, Canada, Investment, Pension Management

10AugAugust 10, 2022

US. Tough markets hit active asset managers striving for turnarounds

Some active managers have none of the luck. They shook up senior teams, swapped out their bosses and merged to build scale. But their efforts to overcome the yearslong erosion of assets and profit as investors shift from actively managed funds into cheaper, index-tracking products just took another blow. The latest round of earnings reports offer a bruising read. Rising inflation, Vladimir Putin's war in Ukraine and fears of a looming recession have dented investment performance, prompting investors to yank yet...

August 10, 2022

News2022, Investment, Pension Management

09AugAugust 9, 2022

UK. Property a ‘risky’ investment for retirement pots

High interest rates and low capital growth could reduce retirement property pot savings by as much as 38 per cent, research by wealth manager Netwealth has found. While property investment has been a favoured option for boosting cash in retirement, the research found investment in additional properties or buy-to-let was usually outperformed by pensions. Analysis of different values of property growth, compared with the average pension projected growth over 20 years, showed property investment could significant reducing retirement pot savings by...

August 9, 2022

News2022, Investment, UK

09AugAugust 9, 2022

Dutch pension fund APG completes $600 million MaxCap agreement

Dutch pension fund APG has completed the $600 million mandate with non-bank lender MaxCap Group it agreed to three years ago and given itself the option to double that exposure to $1.2 billion, tapping the growing demand for funding at a time when banks are holding back. The asset manager has exercised the option it took out in 2019 to invest a second tranche of $300 million for first-mortgage loans across all real estate asset classes with MaxCap, which last year sold a...

August 9, 2022

News2022, Investment, Netherlands, Pension Management

August 2022