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Mark Wiseman on Why Politicians Should Leave Pension Funds Alone

Pension Pulse

The system works exceptionally well, yet in the past year, we have seen increasing calls to change this model and use pension funds as a policy tool. The system works exceptionally well, yet in the past year, we have seen increasing calls to change this model and use pension funds as a policy tool.

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Andrew Coyne Is Dead Wrong on CPP Investments' Active Management

Pension Pulse

So did its costs, particularly the fees paid to external investment managers: from $36-million in 2006 to $3.5-billion Over all, combining management fees, operating expenses and transaction costs, the fund’s expenses now exceed $5.5-billion billion in 2024, a near hundredfold increase. No brainer, right?

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Prudential Financial (PRU) Q3 2024 Earnings Call Transcript

The Motley Fool

trillion of assets under management supporting defined benefit and defined contribution plans, PGIM serves more than half of the world's 300 largest pension funds. It's looking at opportunities for flow or new sales financing, as well as third-party blocks. As a market leader with nearly $0.5

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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

The combination triples infrastructure AUM and doubles private markets run-rate management fees. This was due to the relative outperformance of lower fee U.S. equity markets and client preferences for lower fee U.S. The closing of GIP added $116 billion of client AUM and $70 billion of fee-paying AUM on October 1.

Assets 130
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CDPQ Posts 7.2% Return in 2023

Pension Pulse

The private equity portfolio was affected by interest rate hikes as well as by an increase in financing costs, which affected certain private companies. Regarding the pension fund's bond assets, CDPQ said the fixed income market was characterized by higher yields and the narrowing of corporate credit spreads. and down 0.2%

Returns 59
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Norway's Sovereign Fund Tops Global Transparency Ranking

Pension Pulse

Business Wire reports that Norway's sovereign fund tops global transparency ranking: TORONTO — Norway’s sovereign wealth fund, Government Pension Fund Global, has topped the list of the most transparent funds according to the Global Pension Transparency Benchmark’s 2023 findings.

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CPP Investments' CEO Discusses Fiscal Year 2024 Results

Pension Pulse

Ian Bickis of The Canadian Press reports CPP Investments earned 8 per cent in latest fiscal year, net assets rose to $632 billion: Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 Management fees decreased by $10 million, remaining broadly in line with the prior year.