Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 181 - 190 of 1161 results for "Pension Fund"

APAC investors cut PE allocations by 50%

CASSANDRA BALDINI  |  MONDAY, 24 APR 2023
Private equity and venture capital aggregate transaction value fell by 45% in the region, excluding Japan, in the first quarter. According to S&P Global Market Intelligence the drop from last year's US$14.7 billion to US$8.09 billion in Q1 2023 comes ...

PensionDanmark chief executive to retire

CHLOE WALKER  |  FRIDAY, 21 APR 2023
... joined PensionDanmark when the organisation was established in 1992. Beforehand, he served as chief executive at PKS Pension Fund as well as an economist at The Secretariat of the Danish Economic Council. Pedersen has also chaired countless boards, such ...

UK's Nest switches investment chief

CHLOE WALKER  |  FRIDAY, 21 APR 2023
Liz Fernando has been promoted to chief investment officer of the pension fund, taking up the mantle from Mark Fawcett. Having joined Nest in 2020 and made deputy chief investment officer in 2021, Fernando brings with her 25 years' worth of investment ...

Pension fund ousts chief over US bank losses

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
The chief executive of Sweden's Alecta was let go by the fund as it looks to recover from large losses resulting from investments in Silicon Valley Bank, Signature Bank and First Republic Bank. Overnight, Magnus Billing was axed as chief executive with ...

Canadian pension fund buys Aussie spud farm

CHLOE WALKER  |  FRIDAY, 31 MAR 2023
The Ontario Teachers' Pension Plan Board (OTPP) and its Australian agriculture subsidiary, AustOn Corporation acquired a majority interest in potato growing giant Mitolo Family Farms. With more than 50 years of operations, Mitolo Family Farms is the ...

Australia survives global pension rout

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
Amid the largest drop in global pension assets since the GFC, Australian super funds held steady with lower bond allocations and Super Guarantee flows. Global pension assets had their largest annual decline since the GFC, dropping 16.7% to $47.9 trillion ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... Information found. However, the analysis found a 280-basis point margin in a one-year period, with the average blue state pension fund showing a -3.6% loss and the average red state pension fund showing a -6.2% loss. "If this effect is due the recent ...

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
Norway's Government Pension Fund Global finished 2022 down a record $222 billion, saying it was a "very unusual year". The oil fund recorded the biggest loss in its history. Its previous largest loss was in 2008 amid the Global Financial Crisis when ...

SWFs shrink for first time ever: Report

CASSANDRA BALDINI  |  MONDAY, 16 JAN 2023
It's no surprise that 2022 was one of the most difficult years for State-Owned Investors (SOIs) in recent history, shrinking in value for the first time ever. Total value of the sector dropped by a total of US$1 trillion, according to Global SWF. Similarly ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... offering overseen by Equity Trustees Superannuation. Products or sub-plans of the fund include Bank First Super and Pension Fund, Beyond Super, Defence Bank Super and Pension Fund, Greater Rollover and Pension Fund, Hunter United Super Choice and Pension ...