Pension Management Archives - Page 27 of 92 - Pension Policy International

21JulJuly 21, 2023

Pension managers ‘convinced’ inflation is easing, but stress testing to manage assets

Managers of public sector pension funds are “largely convinced” that inflation as a major issue is fading away, but still wary of more economic turbulence, a new report from Ortec Finance has found. The study said that recent economic stress, including rising inflation and interest rates, is leading managers to do more scenario modeling and stress testing to help manage their plans. The Ortec Finance report was based on a survey of 50 U.S. public sector pension fund managers during...

July 21, 2023

NewsInflation, Pension Management

21JulJuly 21, 2023

Kenya: Local Infrastructure Projects Seek Over Sh700bn Financing From Pension Industry

The Kenya Pension Funds Investment Consortium (KEPFIC) has received infrastructure and alternative investment proposals worth over Sh700 billion ($5.5 billion) from project sponsors and fund managers looking to raise capital from the local retirement benefits schemes. The proposals come as local pension schemes expand their search for suitable investments to provide diversification and higher returns for pensioners. The announcement was made during the opening of the two-day KEPFIC Annual Investment Conference in Nairobi today, where the shortlisted investment opportunities were presented...

July 21, 2023

NewsInvestment, Kenya, Pension Management

20JulJuly 20, 2023

UK’s Workplace Pension Provider, Smart Pension, Acquires Evolve Pensions

Smart Pension, which claims to be one of the UK’s leading workplace pension providers, announces its acquisition of Evolve Pensions, a provider in workplace pension services through its master trust the Crystal Trust. The acquisition will aim to “improve experience and provide efficiencies for the Crystal Trust’s employers and members, enabled by Keystone, the cloud-based global technology platform developed by Smart Pension’s parent company, the Smart group.” The Crystal Trust currently “has over 128,000 members and £750m in assets.” This is reportedly...

July 20, 2023

NewsPension Management, UK

17JulJuly 17, 2023

How “old economy” companies can be an innovative investment

Innovative companies don’t need to be those that are early stage or particularly associated with technology, according to some long established investors. Francois De Bruin, who runs the Aviva Investors Global Endurance fund, told FTAdviser Vantage Point that long established companies in areas of the old economy, such as Costco, are able to win market share relative to rivals due to what he calls “network effects”, and share the benefits with their customers. Network effects are those which mean that the...

July 17, 2023

NewsInvestment, Pension Management

14JulJuly 14, 2023

UK. Pension Protection Fund returns 1.9% on growth assets for year

The Pension Protection Fund, London, achieved a 1.9% investment return on its growth assets and saw its funding ratio increase to 156% for the year ended March 31, despite a challenging year in markets. The investment return was 7.6% and the funding ratio was 137.9% for the year ended March 31, 2022. Reserves — held to ensure the lifeboat fund for the defined benefit plans of insolvent U.K. companies can absorb future claims and pay compensation should participants live longer than...

July 14, 2023

NewsPension Management, UK

14JulJuly 14, 2023

World’s Biggest Pension Fund GPIF Boosts Its Treasuries Holdings

Japan’s Government Pension Investment Fund boosted its holdings of Treasuries to a three-year high as the dollar’s strength against the yen offset losses on the securities. Resilient demand from GPIF, as the world’s biggest pension fund is known, suggests that elevated yields and a weak yen may support Japanese appetite for Treasuries, even if US interest rates are coming off recent highs as the Federal Reserve’s monetary tightening campaign nears its peak. GPIF holds ¥200 trillion ($1.4 trillion) worth of assets...

July 14, 2023

NewsInvestment, Japan, Pension Management

13JulJuly 13, 2023

ESG Remains Important for Pension Funds and Asset Owners

Asset owners face the thorniest investment challenges today, dealing with inflation, geopolitical instability, and systemic risks like climate change. They oversee some of the world’s largest pools of capital, steering investment policy on behalf of pension plans, foundations, endowments, and sovereign wealth funds. Their practices shape the capital markets and the behavior of asset managers, financial advisors, and retail investors. They invest with a long time horizon and are exposed to the entire global market. That means they can’t diversify...

July 13, 2023

NewsESG, Investment, Pension Management

11JulJuly 11, 2023

UK. Workplace pensions to invest billions in unlisted stocks

The government will continue its intervention in the allocation of the UK's trillions of pounds of pension holdings, after Chancellor of the Exchequer Jeremy Hunt announced that nine of the largest defined contribution (DC) pension schemes had agreed to allocate at least 5 per cent of their default funds to unlisted companies by 2030. Aviva (AV.), Scottish Widows, Legal & General (LGEN), Aegon, Phoenix (PHNX), Nest, Smart Pension, M&G (MNG) and Mercers have signed the Mansion House Compact, Hunt said,...

July 11, 2023

News, UncategorizedInvestment, Pension Management

10JulJuly 10, 2023

Asset management entering period of consolidation, tech changes – PwC

One-sixth of global asset and wealth management firms will disappear in the next five years, twice the historical turnover rate, largely due to ongoing consolidation, according to PricewaterhouseCoopers' 2023 Global Asset and Wealth Management Survey, released Sunday. Overall, the survey found that the global asset and wealth management industry faces a number of serious issues — including digital transformation, shifting investor expectations and consolidation — that will lead to the transformation of the industry, said a news release issued in...

July 10, 2023

NewsPension Management

07JulJuly 7, 2023

World’s Largest Pension Fund Posts Quarterly Gain, Record Assets

Japan’s state pension fund, the world’s largest, posted its strongest quarter in more than two years as gains in global stock and bond markets during the three months through March boosted the value of its assets to a record. The Government Pension Investment Fund added 5.4% during the quarter, raising its total assets to 200.13 trillion yen ($1.39 trillion), the fund said in Tokyo Friday. Foreign equities were the top performers, gaining 8.2% as the US started to overcome a...

July 7, 2023

NewsJapan, Pension Management, Returns

July 2023