Swedish pension fund Alecta has made a big move. They've sold off most of their U. S. Treasury investments. Why? They're worried about the current state of U. S. politics. It's not looking stable, and that's a risk they don't want to take. This news comes from a report by Dagens Industri. They didn
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
A major Canadian pension fund has made a significant investment in Strive, a company focused on Bitcoin. The Healthcare of Ontario Pension Plan Trust Fund now owns over 5% of Strive's shares, worth about $37 million. This investment shows growing interest in Bitcoin from big institutions. Strive is
Antonio Gracias, the CEO of Valor Equity Partners, has stepped down from his role at the Department of Government Efficiency (DOGE). This move comes after questions were raised about the potential risks his dual roles posed to the nine public pension funds that Valor manages, totaling nearly $2 bill
Elon Musk's actions have sparked a lot of worry among investors. The CEO's political activities have led to a significant drop in Tesla's stock value. Many pension funds and institutional investors are now questioning the risks of investing in Tesla. The Lehigh County pension fund, for instance,
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
The International Brotherhood of Teamsters, one of the largest labor unions in the United States, has decided to decline endorsing either Donald Trump or Kamala Harris for president. This decision was met with surprise, as both candidates had been courting the union's support. The Teamsters' preside
