Remove Legal Remove Management Fees Remove Pension Funds
article thumbnail

BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

Meade -- General Counsel and Chief Legal Officer Good morning, everyone. 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. Christopher J.

Assets 130
article thumbnail

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.

Assets 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are CPP Investments' 'Ideological Goals' Costing Canadians Money?

Pension Pulse

They’re talking about asset management firms, in which public pension funds often have investments, supporting shareholder proposals meant to achieve social justice or climate objectives yet of dubious financial value. They could simply carry on trying to maximize returns.

article thumbnail

Realty Income (O) Q3 2024 Earnings Call Transcript

The Motley Fool

Finally, we believe private capital will enable us to source, acquire, and manage a large percentage of available market opportunities that we currently acquire for the public vehicle. To be clear, this structure will be distinct from a typical private equity style closed-end fund that may have a fixed duration or a narrower opportunity set.

Capital 130
article thumbnail

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. Management fees increased by $165 million, due to an increase in average assets managed by external fund managers.

article thumbnail

Fired AIMCo Chair Disputes Alberta Government Claims

Pension Pulse

In a statement announcing the board purge, the government said that AIMCo’s third-party management fees increased by 96 per cent in the 2019 to 2023 period, the number of employees increased by 29 per cent and salary, wage and benefit costs increased by 71 per cent. In Kroner’s response, dated Wednesday, Nov.

article thumbnail

Alberta's Government Fires AIMCo's Board, CEO and Three Executives

Pension Pulse

James Bradshaw and Jefferey Jones of the Globe and Mail report Alberta government fires AIMCo board and CEO, plans to ‘reset focus’: Alberta’s government has fired the CEO and the entire board of Alberta Investment Management Corp. AIMCo), citing a need “to restore confidence” in the provincial pension fund manager.