The defined-benefit New York State Teachers’ Retirement System is defending its 8 per cent assumed rate of return at a time in the US when the limelight is focussed on pension fund structural issues.
SimCorp research focuses on pension fund best practice
SimCorp Strategy Lab, a private research institution, designed to challenge industry best-practice on issues relating to mitigating risk, reducing cost and enabling growth in the investment management industry, has set up four new sector-specific research groups including a separate group focused on pension funds.
Water a new focus area for Canadian fund
Water is the latest focus area for the Canadian Pension Plan’s responsible investing initiative, with the fund planning to target big Canadian and global companies this year to gather information on their water usage. Click here to read more.
ADIA looks to GM for economist
The Abu Dhabi Investment Authority has hired General Motors’ chief economist and director of global economic and industry analysis, Ted Chu, as its chief economist
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. Washington takes risks within wider framework
The $71 billion Washington State Investment Board has made a renewed commitment to overweighting emerging markets and private equity, but a comprehensive enterprise-wide risk management framework will help ensure the inherent risks of that strategy remain in check.
China’s greening attracting more investment
China is stepping up its clean energy drive, both through a reduction of its own emissions and by becoming the biggest supplier of some clean-energy equipment in the world. Picture (courtesy China Daily) shows cooling towers being demolished with explosives amid efforts to reduce emissions in Zoucheng, East China’s Shandong province, last week.Click here to … Read more
