Some banks are being more careful about lending to businesses — but down under, one pension fund is looking to fill the void. The Australian pension fund Host-Plus Pty Ltd. says it will expand into lending to companies as it looks for strong returns in places other than equities. The pension fund manages $16 billion … Continue reading Aussie Pension Expands Into Commercial Loans
The largest pension fund in Africa – the South Africa Government Employees Pension Fund – has invested $730 in home loans in a bid to boost access to housing for low-income earners and government workers. From Bloomberg: The investment will be done by the Public Investment Corp. on behalf of the GEPF, according to a … Continue reading In Bid to Boost Housing Access, Africa’s Largest Pension Invests $730 Million in Home Loans
South Korea is grappling with a number of demographic problems, including a rapidly aging population and a one of the lowest birth rates of any advanced economy. The state’s public pension fund is particularly concerned, as it must pay out more benefits to the elderly even as its revenue stream (in the form of worker … Continue reading South Korea Pension, In Bid to Boost Birth Rates, Considers Offering Loans to Couples For Wedding Expenses
Leo Kolivakis is a blogger, trader and independent senior pension and investment analyst. This post was originally published at Pension Pulse. Back in early December, Aliya Ram of the FT reported, Danish pension fund halves outsourced money: Denmark’s biggest pension fund has halved the amount of money it outsources to external asset managers over the past … Continue reading The Big Push To Insource Pension Assets?
Leo Kolivakis is a blogger, trader and independent senior pension and investment analyst. This post was originally published at Pension Pulse. Robin Harding of the Financial Times reports, BoJ launches new form of policy easing: The Bank of Japan has launched a new kind of monetary easing as it set a cap on 10-year bond yields … Continue reading Did the Bank Of Japan Save or Kill DB Pensions?
Leo Kolivakis is a blogger, trader and independent senior pension and investment analyst. This post was originally published at Pension Pulse. Keith Ambachtsheer, Director Emeritus, International Center for Pension Management, Rotman School of Management, University of Toronto and author of The Future of Pension Management, wrote an op-ed for the Financial Times, Pension solution lies in … Continue reading A Long-Term Solution For Pensions?
Leo Kolivakis is a blogger, trader and independent senior pension and investment analyst. This post was originally published at Pension Pulse. Nicole Bullock of the Financial Times reports, The crumbling assumptions of US public pension plans: The governor’s office for Illinois, a state with notoriously weak finances, this week issued a stark warning about what might … Continue reading Pension Pulse: Are US Public Pensions Crumbling?
EU stress tests are expected to show that one of Italy’s largest banks is in dire straits. In anticipation, the Italian government is asking a group of pension funds to invest in a state-sponsored fund that would buy the bank’s bad loans. Some reports suggest the pension funds could invest up to $550 million. From … Continue reading Italy’s Pension Funds Pressured to Fund Bank Bailout
The president of New York’s correctional officers union was arrested on Wednesday for steering pension money into a hedge fund in exchange for a percentage of the profit – all while circumventing the other trustees. His partner in crime, a Platinum Partners hedge fund manager, was also arrested. More from ai-cio.com: Seabrook controlled an $81 … Continue reading NY Prison Pension Chief, Hedge Fund Manager Booked for Fraud
Leo Kolivakis is a blogger, trader and independent senior pension and investment analyst. This post was originally published at Pension Pulse. Hal Dardick of the Chicago Tribune reports, Mayor floats plan to fix city’s smallest pension fund: Mayor Rahm Emanuel on Monday floated a new idea to fix the city’s smallest government worker pension system, one … Continue reading Chicago’s Pension Patch Job?
