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Showing 11 - 20 of 55 results for "US pension fund"

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
A new report ranking US public pension funds by their ability to pay future benefits suggests several will likely go insolvent as a result of COVID-19. The issues facing public pension funds in the US are widely known, and while it's not clear how ...

Pension fund appoints new investment lead

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
A $228 billion US pension fund has appointed a new chief investment officer after 25 years at the fund. Jerry Albright is stepping down as chief investment officer at the Teacher Retirement System of Texas this month. He will continue to serve as senior ...

Water risk infiltrates agriculture portfolios

KARREN VERGARA  |  MONDAY, 30 APR 2018
Water risk is becoming a threat to Australia's $56 billion agriculture industry, forcing producers to modify practices and compelling investors to find new means to de-risk portfolios. Institutional investors' growing interest in agribusiness is a boon ...

Aussie agriculture reaches new highs

EMMA RAPAPORT  |  TUESDAY, 11 JUL 2017
Agriculture Census data from the Australian Bureau of Statistics highlights opportunities for institutional investors as the total value of Australia's agriculture production continues to rise. During 2015-16, the gross value of Australian agriculture ...

Agriculture high on industry fund agenda

DARREN SNYDER  |  WEDNESDAY, 14 JUN 2017
Australian superannuation funds could take the country's agriculture sector to the next level in global competitiveness but they will need help in doing so. Industry Super Australia has published a discussion paper that responds to calls for the $2 ...

Major US pension fund divests Australian coal

EMMA RAPAPORT  |  WEDNESDAY, 14 JUN 2017
The largest educator-only pension fund in the world is divesting from all non-US thermal coal holdings, including Australia-based Whitehaven Coal. The US$206.5 billion California State Teachers' Retirement System (CalSTRS) teachers' retirement board ...

US pension fund extends tobacco divestment

DARREN SNYDER  |  WEDNESDAY, 21 DEC 2016
The largest defined-benefit public pension fund in the US will divest from tobacco-related securities across its externally managed portfolios. The move by CalPERS comes on top of its decision in 2000 to divest tobacco from internally managed public ...

CalSTRS seeking ESG managers

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2016
... investment managers focusing on ESG. According to CalSTRS chief investment officer Christopher J. Ailman, the US pension fund is looking for managers with demonstrated capabilities to integrate ESG considerations into every element of the investment ...

IFM Investors sells stake in Indiana Toll Road

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
... (ITRCC). The global fund manager purchased ITRCC for US$5.7 billion in March last year, and the recent sale saw US pension fund CalPERS acquire 10%. An undisclosed interest has also been sold to US insurer Allstate, while the IFM Investors Global Infrastructure ...

Another US pension giant exits hedge funds

MARK SMITH  |  TUESDAY, 19 APR 2016
... lament a lack of transparency, high fees and illiquidity. This is the second time in as many years that a giant US pension fund has publically shunned the hedge fund sector. The California Public Employees' Retirement System (CalPERS), which is the largest ...