For Global Chief Investment Officers
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Canada Pension Plan Investment Board and Onex Corp., the nation’s biggest buyout firm, seek a $1.6 billion buyout loan as part of a debt package to fund their buyout of Tomkins Plc, two people familiar with the situation told Bloomberg.
The nation's largest pension is seeking to cut risk in its $46 billion bond portfolio by 50%.
More than 200 asset owners have signed up.
China has approved insurers to hold stakes and invest in private equity and property of privately-held companies to ease insurers' investment pressure and diversify risks, according to the the China Insurance Regulatory Commission.
Ted Chu has left Detroit-based US car giant General Motors to join the Abu Dhabi Investment Authority as its chief economist.
Europeans (effete liberals!) love it. Public pensions and foundations (goody-two-shoes!) like it. Yet, to American corporate defined benefit plans, socially responsible investing—bearded hippies!—has been anathema to their very existence. Will this ever change?
“Nearly all men can stand adversity, but if you want to test a man's character, give him power.”
-Abraham Lincoln