OCI, a big player in investments, just made a bold move. They bought most of GLAS, a company that helps manage loans. The deal is worth up to 55 million pounds. This shows OCI wants to be a bigger part of the private credit world. That world is growing fast, with lots of money flowing in. The deal
New York City is at a crossroads. The outgoing city comptroller, Brad Lander, is pushing for a major shift in how the city's pension funds are managed. He wants to move away from BlackRock, the world's largest asset manager, due to concerns about climate change. This is a big deal because BlackRock
Bitcoin's skyrocketing value has caught the attention of pension funds, traditionally cautious investors. Even conservative trustees are curious, thanks to bitcoin's dramatic rise last year. Some pension funds in the US and abroad have started dabbling in crypto, hoping to score big returns. Experts
In 2024, bitcoin hit a massive milestone, topping $100, 000. With President Donald Trump taking office, crypto enthusiasts are banking on a friendly administration. But what does this mean for states and public pension funds? Some states have already shown interest, like Wisconsin and Michigan. Can
