Pension Funds

$268 Billion New York State Pension Fund To Review All Oil Holdings

Reuters | |

The third-largest U.S. public pension fund on Thursday said it is launching reviews over climate concerns on $640 million invested in 42 shale oil and gas firms, including ConocoPhillips, Hess and Pioneer Natural Resources.

The move by the New York state pension fund comes days after the United Nation's Intergovernmental Panel on Climate Change reported global warming was nearly out of control, and calling its findings "a death knell for coal and fossil fuels."

IMCO Commits $250 Million to Apollo Global Management's New Credit Fund

Leo Kolivakis | |

Christine Idzelis of Institutional Investor reports that Apollo took just two months to raise a credit fund that seeks to profit from tumultuous markets — and it got a swift and significant contribution from Canadian pension manager IMCO:When Apollo Global Management approached the Investment Management Corp. of Ontario about a credit fund it was raising in the market tumult caused by the coronavirus, the Canadian pension manger was ready to be nimble — even with its staff dispersed and work...

Will Neiman Marcus Sting Canada's Pension Plans?

Leo Kolivakis | |

Lauren Hirsch of CNBC reports Neiman Marcus eyes Sunday bankruptcy filing, $600 million emergency funding:Neiman Marcus could file for bankruptcy as soon as Sunday and is in talks with its current lenders about raising roughly $600 million in emergency financing to fund operations through the restructuring, people familiar with the situation tell CNBC.In bankruptcy, the retailer will work to flush its more than $4 billion of debt leftover from its sale to Ares Management and the Canada Pension P...

Canadian Pension Funds Have Taken a Hit, But They're Not All Created Equal

Leo Kolivakis | |

Canadian pensions getting clobbered by coronavirus? You don't say, eh?

Herman Laret, Charles Van Vleet, Timothy Barrett, Paul Colonna, and Geoffrey Rubin Deliver US Institutional Investing Outlook Panel Discussion at Greenwich Economic Forum | Traders Network Show – Equities News

Matt Bird | |

Herman Laret, Charles Van Vleet, Timothy Barrett, Paul Colonna, and Geoffrey Rubin deliver US Institutional Investing Outlook Panel Discussion on the Traders Network Show, an Equities News original show

The American Retirement Nightmare

Leo Kolivakis | |

Many Americans are disastrously unprepared for retirement.

This Economic Indicator Is Proving the Naysayers Wrong

Frank Holmes | |

Flying in the face of negative economic news, US factories picked up steam for the third straight month in November.

Oregon State Pension Fund Is Invested in Spyware, Prison Companies

AP News | |

The state that pioneered statewide sanctuary status is invested in prison companies that run immigrant detention facilities and an Israeli company whose smartphone spyware has been used by repressive regimes against dissidents, human rights defenders and j

The $16 Trillion Global Pension Crisis

Leo Kolivakis | |

According to the G-30, a severe $15.8 trillion pension crisis looms worldwide.

Are Pension Funds Creating Dangerous Risks By Reaching For Yield?

Guild Investment Management | |

With all their traditional safe-haven assets yielding much too little, pension funds are reaching ever further beyond their traditional remit.

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