Total expenditures on cash and noncash welfare programs multiplied many times between 1968 and 2002 (Table 2). Even after allowance for price inflation, spending sextupled (rising 523%) over the 34 years, a period when the U.S. population rose by an estimated 43%.(2)Measured in constant ...
The article discusses the drivers behind the growth of the private-equity industry in South Africa. The Emerging Markets Private Equity Association reports a 15% increase in the share of emerging markets in the global private e...
pension managers who piled into emerging-market stocks during the past decade get hit by the collapse. The Teacher Retirement System of Texas, whose exposure to the stocks is the biggest among U.S. public pension funds, lost 4.6% on the investments in the year through June 30. And though...
6 The difference of € 32.6 million between the equity value and enterprise value at 31 December 2015 comprised: a positive net financial position of € 32.3 million, pension plans of € 18.0 million (at 31 December 2014), non-controlling interests of € 0.6 million, the proceeds from the ...
asset managers and pension plans. The goal is to match the growth rate and the maturity of a liability – like retirement – to an asset like stocks or bonds.When done effectively, the asset will have grown and matured at the same rate and time as the liability.When done poorly, or ‘...
8 million shares repurchased in a private share buyback completed in Q3 2024 (approximately$55 million). Board of Directors authorized additional share buyback of up to$300 million. Paul Abbott, Amex GBT’s Chief Executive Officer, stated: "We continue to execute on our strategy and deliver...
PRO is actively engaged in political debates on pension levels, taxes, social welfare, financial security, medical treatment, but also solidarity and discrimination in general. Here, access to cash has become an important question for PRO which is manifested in many initiatives. The second area con...
Financial institutions such as insurance and pension funds as their portfolio interest commonly own the institutional shares. Regarding the value of assets, firm size indicates a substantial book value of assets due to the high denomination of IDR currency but low exchange rate. The average firm ...
“These investors can’t make any adjustment to their China allocation that has grown too big because of their allocation to ByteDance that has been caught up in the geopolitical crosshairs between the US and China,” said the head of private equity investments at a public pension plan that ow...
much like adefined-contribution plan. The features of cash balance pension plans resemble those of401(k)plans. Investments are managed professionally, and participants are promised a specific benefit at retirement. However, the benefits are stated in terms of a 401(k)-style account balance rather ...