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Glencore's Bid For Teck Puts Pressure on Canada's Pension Giants?

Pension Pulse

The previous unreported proposal is an unusual move, but mirrors the broader nationalistic sentiment at display in Canada since the Swiss miner's unsolicited approach for one of the country's top mining firms by market value. billion bid and Ottawa has said Glencore would face rigorous scrutiny.

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CDPQ Sells 20% Stake in Plenary's Asia Pacific Business to ADQ

Pension Pulse

Jenny Wiggins of the Australian Financial Review also reports Plenary Group sells 49% stake to sovereign wealth fund ADQ in $1b deal: Founders and some executives of infrastructure investor Plenary Group will receive a cash windfall after the Australian group sold a 49 per cent stake to Abu Dhabi sovereign wealth fund ADQ in a $1 billion deal.

Stakes 59
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CalPERS CIO Nicole Musicco on Bloomberg Wealth

Pension Pulse

A month ago, Eliyahu Kamisher of the Los Angels Times reported that CalPERS pension fund posts 5.8% gain, helped by stocks and private debt: CalPERS swung to a 5.8% gain in its latest fiscal year as the stock market rally and private debt buoyed the largest traditional public pension fund in the United States.

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AIMCo CEO Evan Siddall on The Hedgehog and The Fox

Pension Pulse

Canada’s large pension funds have pulled back on some activities in China. Meanwhile, Chinese authorities are considering relaxing the rules that cap foreign ownership in domestic publicly traded firms, people familiar with the matter told Bloomberg last week, seeking to lure global funds back to its $9.4 trillion stock market.

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Top Fund's Activity in Q1 2024

Pension Pulse

Carly Wanna and Carmen Reinicke of Bloomberg report hedge funds pump up exposure to Nvidia, cut AMD: Hedge funds continued to lean into the biggest technology companies leading the way in artificial intelligence as the hype propelled the US stock market higher in the first quarter of the year.

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Top Funds' Activity in Q2 2023

Pension Pulse

And with the bond yield high enough, that poses competition for equity investors who feel the bond market is less risky than the stock market right now.” In late July, when I openly wondered when will the stock market crash , I wasn't trying to scare people but have seen this movie so many times before, it never ends well.

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A Conversation With John Graham on CPP Investments Fiscal 2023 Results

Pension Pulse

In private credit, tightening credit conditions resulting from a handful of bank failures and rescues in the United States have opened up opportunities for non-bank players like pension funds, he said. That beat the fund’s reference portfolio (an internal benchmark it sets for itself), which had a return of just 0.1