Sentences with phrase «said pension funds»

He said pension funds are unrealistic in targeting 8 % returns.

«Companies in this industry tend to generate fairly strong and predictable cash flows, which aligns with CPPIB's long - term investment goals,» says the pension fund's senior vice-president, private investments, Andre Bourbonnais.

Comptroller Tom DiNapoli has said the pension fund remains fully funded and, at a 14.6 percent rate of return, has recovered well since the 2008 fiscal crisis.

Comptroller Tom DiNapoli said the pension fund is up this quarter by 2.9 percent, and has increased 11.5 percent from last year.

New York City is suing BP over the drop in its stock price after the 2010 Gulf of Mexico oil spill, saying its pension funds lost $ 39 million.

He says the pension fund is also shifting away from investments like coal and he's not enthused about nuclear because as a resident of Long Island, electric customers are still paying for a nuclear plant which never opened.

Just two days after New York legislators passed first - in - the - nation gun law reforms in response to the Sandy Hook Elementary School shootings, the state's chief financial officer says pension fund investments in firearm companies have been frozen.

Senate budget writer Harry Brown, a Republican from Jacksonville, said the pension fund needs to be secure.

Kris Jankowski, vice president of Titanium Real Estate Advisors, says the pension fund was looking for an investment that would provide a steady stream of income for a long period.

Not exact matches

«You can't just sit back and enjoy the moment you have,» says John Ruffolo, CEO of OMERS Ventures, the venture arm one of Canada's leading pension funds.

During the call, Peladeau said Quebecor would review of its dividend policy after the repurchase of the minority share of Quebecor Media Inc. that's currently owned by the Caisse de depot pension fund, but he didn't provide timing.

Michael Nobrega, president of the $ 53 - billion Ontario Municipal Employees Retirement System, said in March that pension funds such as his should be able to manage PRPPs.

«Given France's cultural ties and economic ties around the emerging markets and the presence of major international French banks already in London and internationally and large pension funds like Amundi, I think France and Paris have a great chance of becoming even more of an international market than it already is,» he said.

The lawsuit stems from losses the pension fund suffered after the collapse of the housing market and defaults on formerly AAA - rated securities that were backed by pools of residential mortgages, Calpers said in a statement.

To that point, 92 percent of the 3,500 - plus readers who had taken our survey as of Dec. 4 said they would not roll over their 401 (k) funds into a company pension plan.

Goldman has said «multiple investors» participated in the loan, including pension funds.

BlackRock and Neuberger Berman Group are among firms that California Public Employees» Retirement System, the largest U.S. pension fund, might look to partner with as it seeks help to manage its $ 40 billion private equity portfolio, people familiar with the matter said last month.

It's building insurance companies; it's building pension funds; it's building whole structures that we need for long - term investments,» said Mark Tinker, who is Head of Framlington Equities Asia at AXA Investment Managers.

It's building insurance companies; it's building pension funds; it's building whole structures that we need for long - term investments,» said Mark Tinker, who is

Big pension and endowment funds regularly hold private equity stakes, but it's a crucial component of investing withheld from retail investors, Lee - Chin says.

Much like a pension fund that buys securities with the money that flows in from paycheque deductions, retail investors can contribute equal amounts of money at regular intervals (say, monthly) in a strategy called dollar - cost averaging.

COPENHAGEN, Feb 8 - Shares in Danish telecoms operator TDC surged 20 percent on Thursday after Australia's Macquarie and three Danish pension funds said they had made a takeover approach for the company.

Wiseman said all of CPPIB's investment teams made material contributions last year, producing CPPIB's largest level of annual investment income since inception, but noted the Canada Pension Plan isn't expected to need to draw money from the fund until at least 2023 and, even then, at a relatively small amount for several years.

COPENHAGEN, Feb 7 - Australia's Macquarie and three Danish pension funds ATP, PFA and PKA have offered to buy Danish telecoms operator TDC for 47 Danish crowns per share, business daily Borsen said on Wednesday, citing several unnamed sources.

COPENHAGEN, Feb 7 (Reuters)- Danish telecoms operator TDC said Wednesday it had turned down an indicative takeover bid from Australia's Macquarie and three Danish pension funds ATP, PFA and PKA.

France's mostly taxpayer - funded public pension system may do better at ensuring every retiree is sufficiently funded (for now), and America's mostly private pension patchwork may be more sustainable into the future, but our hybrid system of individual -, employer - and government - funded benefits ranks high on both criteria, sufficiency and sustainability — «which is uncommon,» says Morin

«It's a very political use of pension funds,» Watson says.

Five years ago, she was poached from Goldman Sachs — where she made her name convincing a number of large pension funds to hedge in the run up to the financial crisis — by Bank of America to run a first of its kind on Wall Street cross-asset, cross-industry structured - strategies group («It's about solutions, not products,» she says).

The new venture is known internally as a «long - term private capital» vehicle and it's seeking capital from sovereign - wealth funds, pensions and other big investors, the report said.

«It's a longer - term issue,» Brainard said of the trend by public pension funds to reduce their targets.

Despite the delay, state pension funds will be paid in full by the end of fiscal 2016, Munger said at a news conference in Chicago.

Resnick said that «pension funds are conservative investors and the things they buy aren't kicking off yield» that would justify higher investment targets than the ones they are setting now.

«Retail investors will not be interested in going out that far, but pension funds and many entities that have an actuarial table that they have to adhere to will,» said Marilyn Cohen, president of Envision Capital Management.

Pension funds are going to be investing in a generally low interest rate environment for a while,» she said.

«Pension funds are often large participants in the financial system, as they are in Canada, and so risks in this sector merit careful monitoring,» Wilkins said.

«First, purchase an investment - oriented life - insurance policy with funds from your qualified pension or profit - sharing plan,» says Cohen.

«Many people do not know this but there's an entire program funded by the government trying to find people who have pensions — the money is just sitting there,» Salisbury says.

While AIMCo's promised splurge on energy technology «is peanuts compared to their overall portfolio,» says Leo Kolivakis, publisher of Pension Pulse blog and an independent pension fund analyst, «I think it sends a signal that they are investing in new technologies, that this is important.Pension Pulse blog and an independent pension fund analyst, «I think it sends a signal that they are investing in new technologies, that this is important.pension fund analyst, «I think it sends a signal that they are investing in new technologies, that this is important.»

Trotsky said the pension has about 10 percent of its money in PE — around the national average for large public retirement funds — and has no plans to change that.

LONDON, Sept 6 (Reuters)- Canadian pension fund Caisse de depot et Placement du Quebec (CDPQ) and private equity fund Ardian entered into exclusive talks to acquire a significant stake in airport ground support firm Alvest, the companies said on Wednesday.

«Pension funds are dreaming about a bubble that isn't going to return,» he said.

When I said that the cult of equity was dying, what I meant was that those investors and those liabilities structures such as pension funds and insurance companies that have depended on a 6.5 % constant real return from stocks such as we've have had over the past century are bound to be disappointed.

The International Monetary Fund says Greece should do more to reduce the total cost of the pension system.

By the same token, he says, private equity firms face stiff competition from strategic buyers and a growing number of other financing options, including pension funds, family offices, sovereign wealth funds and special purpose acquisition corporations (SPACs).

«Australia is one of the world's largest pension markets, but also one of the world's least efficient markets with an under - representation of skilled - based hedge funds for its size,» Mr Horton said.

The idea is for Wall Street to sell all these bad debts to pension funds and say you'll make a high rate of return, and then you'll be left holding the bag when it all collapses.

As savers, pension funds and insurance companies sought relief from the pain of low interest rates, the issue now is «whether they ended up taking up risks that were greater than they realized,» said Donald Kohn, the Fed's former vice chairman under Bernanke.

«Further, it was also approved that the principles enumerated in such code shall be circulated to all pension funds for compliance and implementation,» the PFRDA said in the release.

To me it has just been absurd to see pension funds [in 2013 and future years] saying we ought to have 30 % in bonds.»

Big - name public pension funds from California to New York City have said they are bailing out completely.