Tags: Pensions

South Korea’s National Pension Service, one of the world’s largest pension funds, invested $20 million in Coinbase in Q3 of 2023.

Artificial intelligence is touted to provide a number of benefits to the management of pension funds, according to research from Mercer.

The pension fund had invested twice in the now-bankrupt crypto exchange, once during the peak of the bull run in 2021 and again in early 2022.

Ontario (Shutterstock)

The Swedish fund was the bank’s fifth largest shareholder; the fund’s CEO said the uncertainty surrounding First Republic was too great.

Some investment experts believe adding digital assets to retirement funds could make sense when the market becomes more stable, but not right now.

If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC.

Two pension funds from the county invested $35 million in a VanEck fund listed as a Genesis creditor.