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Showing 531 - 540 of 1161 results for "Pension fund"

NZ Super Fund sells private equity investments

DARREN SNYDER  |  TUESDAY, 19 APR 2016
The New Zealand Superannuation Fund has sold its investments in three offshore private equity funds. The investments were in Hellman & Friedman VII, JMI Equity Fund VII, and H.I.G Bayside Loan Opportunities Fund II. NZ Super Fund head of investments ...

Norwegian pension fund drops 52 coal companies

ALEX BURKE  |  FRIDAY, 15 APR 2016
... announced that 52 coal companies, including two Australian ones, will be excluded from the roughly $1 trillion Government Pension Fund Global. The exclusions came after the introduction in February of a new "product-based coal criterion" in the fund's ...

CalPERS urges Rio Tinto to report climate change risk

DARREN SNYDER  |  TUESDAY, 12 APR 2016
Rio Tinto is supportive of a resolution co-filed by US pension fund CalPERS requesting the global mining giant provide an annual report on environmental risks and opportunities associated with climate change. CalPERS holds about 250,000 shares in Rio ...

State Street expands in Melbourne

WHITNEY FITZSIMMONS  |  TUESDAY, 12 APR 2016
Global firm State Street Corporation is expanding its Melbourne office to underpin its commitment to servicing superannuation funds and asset managers in Victoria. Commenting on the expansion State Street chairman and chief executive Joseph L. Hooley ...

Economic uncertainty demands agile insto investment

WHITNEY FITZSIMMONS  |  FRIDAY, 8 APR 2016
... institutions surveyed, 77% of central banks are most affected by rising interest rates, while 90% of SWFs and government pension fund respondents said an equity market correction will have a moderate or significant impact on their investment strategy ...

Super fund outflow ratios cause for concern

DARREN SNYDER  |  WEDNESDAY, 6 APR 2016
Superannuation funds have been warned about net cash outflow ratios trending upwards as an issue that may impact their future viability. Speaking at the Banking and Wealth Summit in Sydney yesterday, Australian Prudential Regulation Authority (APRA) ...

Alternative mandates eclipse equities

DARREN SNYDER  |  MONDAY, 4 APR 2016
For the first time since 2009, alternative assets have eclipsed equities for the largest asset class share among institutional investment mandates in Australia. That pivotal moment occurred during the final quarter of 2015, and it reflects a trend seen ...

QIC equities head joins Silicon Valley firm

ALEX BURKE  |  TUESDAY, 29 MAR 2016
QIC's head of equities has left the group to join a Silicon Valley-based firm co-founded by a former QIC chief strategist. Rob Wood was head of equities at QIC from 2009 to 2015; prior to that, he was head of world equities at Suncorp. He has also held ...

International pension fund creates stewardship group

DARREN SNYDER  |  THURSDAY, 24 MAR 2016
... stewardship responsibilities," a GPIF statement said. "We believe that it is appropriate and essential for GPIF as a pension fund to increase long-term investment returns for pension beneficiaries by fostering sustainable growth and worth of companies ...

Board members lose independence after 12 years: CalPERS

DARREN SNYDER  |  TUESDAY, 15 MAR 2016
One of the world's largest pension funds believes that company directors who serve more than 12 years on the same board are at risk of compromising their independence. The California Public Employees' Retirement System (CalPERS) has revised its global ...