International

Norwegian sovereign wealth fund Folketrygdfondet picks new CEO

Sovereign Wealth Funds

Sovereign Wealth Funds

Kjetil Houg was named CEO of the Norwegian sovereign wealth fund Folketrygdfondet.
84% of investors apply, or are considering, ESG – Morgan Stanley

ESG

ESG

Eighty-four percent of asset owners globally are pursuing or considering ESG investing, a new survey from Morgan Stanley found.

SEARCHES AND HIRES

SEARCHES AND HIRES

Hampshire County Council Pension Fund is searching for managers to run about 600 million in multiasset credit strategies.
State Street names sector solutions chief for EMEA

Money Management

Money Management

Maria Cantillon was named head of sector solutions for EMEA at State Street.
LeapFrog jumps into Nigerian pension market

MONEY MANAGEMENT

MONEY MANAGEMENT

LeapFrog Investments makes in investment in a Nigerian money manager.
China creating adjustment pool for pension payouts in less vibrant provinces

REGULATION

REGULATION

China's State Council said it will set up a central pension adjustment pool in July to shore up pension payouts in less vibrant provinces.
Heathrow Airport secures buy-in for BAA Pension Scheme

PENSION FUNDS

PENSION FUNDS

BAA Pension Scheme completed a 325 million ($436 million) buy-in with Legal & General Group.
Russia to raise retirement age by 5 years for men, 8 for women

INTERNATIONAL

INTERNATIONAL

The Russian government is set to raise the retirement age by five years for men and by eight years for women.

Money Management

Money Management

Heinrich Riehl was named managing director in Investcorp's European sales and marketing team.
Abraaj seeks court-led restructuring as it battles creditors

Courts

Courts

Abraaj Holdings filed for a court-supervised restructuring as it battles allegations of misused funds.
ECB to cut asset purchase program in half in October, end it after December

Economy

Economy

The European Central Bank will halve its monthly asset purchase program starting in October and will end it at the end of this year.
Legal & General Investment Management brings on head of Asia-Pacific

ONLINE

ONLINE

Legal & General Investment Management taps former Standard Life Investments' Asia head to lead its business in the region.
Canada Pension Plan Investment Board sells $1.2 billion green bond in global first

ESG

ESG

CPPIB priced C$1.5 billion of green bonds in what it called the first green bond sold by a pension fund globally.
Neuberger's Dyal said to be in talks to buy HPS stake

ALTERNATIVES

ALTERNATIVES

HPS Investment Partners, the credit manager spun out of J.P. Morgan Chase, is in talks to sell a minority stake to Dyal Capital Partners.
PSP Investments returns 9.8% for fiscal year, tops benchmark

Pension Funds

Pension Funds

PSP Investments, which manages the assets of the Public Sector Pension Investment Board, returned a net 9.8% in the fiscal year ended March 31.