A majority of Swedes (64%) want to be able to choose funds themselves as part of their premium pension plans.
The Norwegian Ministry of Finance has given Norges Bank deadline of September 2019 to assess the execution of the phase-out of exploration and production companies from its €1trn Government Pension Fund Global (GPFG).
The companies, excluded from Norway’s $1 trillion wealth fund, for human rights violations and risk of environmental damage respectively, are back in the game.
The Crown Estate totalled a 4.9% return last year, due to acquisitions in central London and growth of its offshore wind business.
German group Allianz sells its 60% share in the joint-venture to the Spanish financial group.
For the very first time, Mercer conducted an asset allocation survey in growth markets, focusing on corporate, government and mandatory pension schemes.
Caisse des Dépôts has purchased 700,000 Euronext shares.
The Norwegian parliament has given green light to the Government Pension Fund Global for €5.1bn divestment.
The French state, Caisse des Dépôts, La Poste and La Banque Postale have signed a memorandum of understanding on 11 June.
A FTSE Russell smart beta survey finds 58% of institutional investors interviewed have implemented smart beta strategies.
The European Investment Bank (EIB) and the Caisse des Dépôts and Consignations (CDC) are each investing €30m in the first closing of Pearl Infrastructure, an Edmond de Rothschild fund.