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Prudential Financial (PRU) Q3 2024 Earnings Call Transcript

The Motley Fool

On the institutional side, our continued leadership in pension risk transfer was reinforced through a second transaction with IBM, this time to reinsure $6 billion of pension liabilities. With this latest transaction, we have now closed seven out of the 10 largest pension risk transfer deals in the US.

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Prudential Financial (PRU) Q2 2024 Earnings Call Transcript

The Motley Fool

With nearly half a trillion dollars of assets under management supporting defined benefit and defined contribution plans, PGIM is a market leader, servicing more than half of the world's 300 largest pension funds, including over two-thirds of the largest 100 U.S. pension plans, and is the largest pension fund manager in Japan.

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On IMCO's Focused Approach to Investing Outside Canada

Pension Pulse

For example, the federal government recently announced it would stop issuing real return bonds – an important liability matching asset for many defined benefit pensions in Canada. Many Canadian pension must now consider non-Canadian alternatives, such as US TIPS. Investors need be prepared for and accept this added risk.

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Are Pension Funds Fiddling With Another CLO Time Bomb?

Pension Pulse

Laura Benitez and Nishant Kumar of Bloomberg report hedge funds draw pension money to riskiest corner of a $1.3 Pension plans and insurers have been piling into funds that invest in equity tranches of collateralized loan obligations in recent months, according to several asset managers who spoke on the condition of anonymity.

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Transcript: David Snyderman, Magnetar Capital

The Big Picture

Perhaps most famously you guys put on a CO bet, a collateralized debt obligation bet that was designed to do well if housing made some extreme moves and it was non-directional, it was hedged. So it, it really has and, and pension funds, they’re on hold today. I wanted to talk about a couple of trades from that era.

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A Discussion With Blake Hutcheson and Jonathan Simmons on OMERS' Mid-Year Results

Pension Pulse

The pension fund had solid returns from its portfolio of public stocks, which gained 10.4 But stocks make up only 19 per cent of the pension fund’s assets after it shifted billions of dollars from equities into government bonds and credit investments, seeking to take advantage of high interest rates. dollar to earn a 4.4-per-cent

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Transcript: Rick Rieder

The Big Picture

Which is run by many insurance companies, pension funds who use Aladdin, and it’s a commercial enterprise for the firm. Didn’t it start as a bond shop, catering to pension funds and foundations? I mean, it started as largely mortgages, fixed income bonds shop, and you know, create a closed end funds.