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Investing Institutional Investors

  • LONDON/ VANCOUVER, July 21- Mining giant Glencore Plc is working with a Canadian pension fund to create a standalone 50:50 joint venture for its portfolio of royalty assets, two sources with knowledge with the matter said on Friday. The sources said on Friday it was now in talks to create a 50:50 venture for the assets with Canada's Ontario Teachers' Pension Plan.

  • July 20- The California State Teachers Retirement System on Thursday reported a 13.4 percent net return on investment for the fiscal year ended June 30, marking the first time the public pension fund exceeded its target return since 2014.. The higher returns relieve some pressure for CalSTRS, the country's second-largest public pension fund with $208.7...

  • WASHINGTON, July 19- Advocacy groups launched petitions and sent letters on Wednesday urging two of the biggest U.S. public pension funds to divest from an investment fund unless it stops paying one of President Donald Trump's companies to run a New York hotel. Reuters reported on April 26 that public pension funds in at least seven U.S. states periodically send...

  • MONTEREY, Calif., July 17- The California Public Employees' Retirement System on Monday said it was considering making direct investments in private companies, a potential major shift in strategy that would be the first such action by a U.S. public pension fund. The change, discussed at a meeting of CalPERS board in Monterey, would be closely watched by other U.S....

  • July 14- The California Public Employees' Retirement System reported on Friday a preliminary 11.2 percent net return on investments for the fiscal year that ended June 30, up sharply from last year's return of 0.6 percent due to a boost from equities. The performance of CalPERS public equities, or stock portfolio, topped the S&P 500 benchmark of major U.S....

  • July 14- The California Public Employees' Retirement System reported on Friday a preliminary 11.2 percent net return on investments for the fiscal year that ended June 30, up sharply from last year's return of 0.61 percent due to a boost from equities. Public equities, or stocks, generated a 19.7 percent return, while the private equity asset class returned 13.9...

  • SAN FRANCISCO, July 14- The California Public Employees' Retirement System reported on Friday a preliminary 11.2 percent net return on investments for the fiscal year that ended June 30.

  • TOKYO, July 14- Japan's Government Pension Investment Fund, the world's largest pension fund with $1.3 trillion under management, plans to raise its allocation to environmentally and socially responsible investments to 10 percent of its stock holdings from 3 percent now, the head of FTSE Russell said. They've said they are putting 3 percent of their...

  • July 12- Royal Dutch Shell is to sell its 45 percent stake in the Corrib gas venture to a subsidiary of Canada Pension Plan Investment Board for up to $1.23 billion, marking the oil company's exit from the upstream business in Ireland. CPPIB, Canada's biggest public pension fund, and Canada's Vermilion Energy Inc will become the new operator of the Corrib Gas...

  • WASHINGTON, July 10- A coalition that includes some of the largest U.S. pension funds want federal regulators to force big banks and other public companies to disclose details on how they manage, compensate and incentivize their employees. "The way you structure and pay a sales force... can definitely affect the business performance," said Meredith Miller, the chief...

  • The state budget is not enough to fund President Joko Widodo's ambitious plan to expand infrastructure in Southeast Asia's biggest economy, a sprawling archipelago where the costs of moving goods around are among Asia's highest. Indonesia is hoping to attract the likes of Canada Pension Plan, Japan's Government Pension Investment Fund and other...

  • *GPIF posts $69.5 bln investment gain for year. TOKYO, July 7- Japan's Government Pension Investment Fund, the world's largest pension fund, saw its shift into riskier assets pay off as it posted a gain of 7.9 trillion yen in the fiscal year ended on March 31 as global stock markets rallied. Japan's benchmark Nikkei 225 gained 12.8 percent last fiscal year, helped by...

  • TOKYO, July 7- Japan's Government Pension Investment Fund, the world's largest pension fund, posted a gain of 7.9 trillion yen in the fiscal year ended on March 31 as global stock markets rallied. GPIF on Friday reported a return of 5.86 percent in the year, on assets worth 144.9 trillion yen. Japan's benchmark Nikkei 225 gained 12.8 percent last fiscal year, helped...

  • BEIJING, July 5- Primavera Capital Group, one of China's largest private-equity firms, is paying closer attention to domestic opportunities in sectors such as health and technology in the face of stricter capital controls at home and rising protectionism overseas. Also, it has taken a stake in Zhejiang Dasouche Finance Leasing Company, the largest service...

  • BEIJING, July 4- China's cabinet has approved an increase of quota under the Renminbi Foreign Institutional Investor scheme for Hong Kong to 500 billion yuan to further meet demand for yuan asset allocation by Hong Kong investors, the central bank said on Tuesday.

  • *Indonesia to open more sectors to foreigners in August. JAKARTA, July 3- Indonesia is hoping for additional inflows worth $10 billion from pension funds and other institutional investors over the next two years following Standard& Poor's upgrade of its credit rating to investment grade, President Joko Widodo told Reuters. For the first time in almost 20 years,...

  • *Indonesia to open more sectors to foreigners in August. JAKARTA, July 3- Indonesia is hoping for additional inflows worth $10 billion from pension funds and other institutional investors over the next two years following Standard& Poor's upgrade of its credit rating to investment grade, President Joko Widodo told Reuters. For the first time in almost 20 years,...

  • JAKARTA, July 3- Indonesia is hoping for additional inflows worth $10 billion from pension funds and other institutional investors over the next two years following Standard& Poor's upgrade of its credit rating to investment grade, President Joko Widodo told Reuters on Monday.

  • CALI, Colombia, June 29- The Pacific Alliance trade group said on Thursday it has reached a tax agreement for pension funds operating in the bloc's four nations in an effort to stimulate investment in infrastructure projects. The alliance, which comprises Colombia, Chile, Mexico and Peru, was formed in April 2011, aimed at improving trade flows and bolstering...

  • LONDON, June 29- A global task force set up by the G20 has developed a voluntary framework for companies to disclose the financial impact of climate-related risks and opportunities, drawing support from more than 100 companies with $11 trillion of assets. The Task Force on Climate-Related Financial Disclosures was set up by the G20's Financial Stability...