The world’s biggest pension fund posted a record loss in the first three months of 2020 after the coronavirus pandemic sparked a global market rout in the period.
Hamilton Lane (NASDAQ: HLNE), a Bala Cynwyd, Penn.-based private markets asset management firm (NASDAQ: HLNE), closed an impact fund with total capital commitments of more than $95 million.
A $2.5 billion investment firm owned by Richard Parsons and Ronald Lauder received a forgivable loan from the federal government’s small business loan program.
The vast majority (81 per cent) of global pension plan sponsors said they have allocations to some kind of climate change-related funds, according to a new survey from CREATE-Research.
Investors have been reassessing their approach to investing in Chinese equities, according to a new report, which has shown a shift toward products specific to the region.
The economic shutdown caused by the coronavirus will result in a steep drop in tax revenue for state and local governments, forcing them to make difficult decisions about how to fund the state pension systems their employees rely on for their retirement.