Receiving 6% of the oil behemoth’s equity, the fund has a long-term goal of diversifying the economy away from oil.
SEC Chairman Gary Gensler spoke about the importance of SEC regulation on climate disclosure, swing pricing and artificial intelligence.
Torben Pedersen, the pension fund’s first employee and CEO, will leave the post after more than 30 years.
A special keynote, fireside chats, interactive panel discussions and an exclusive roundtable event: Don’t miss The Forum by CIO, where asset owners meet!
The so-called ‘X-date’ could come in June instead of August, say studies by Goldman Sachs and Wrightson ICAP, based on lower-than-estimated federal tax receipts.
Brazilian mining firm Vale SA fined $56 million for fraud that led to fatal 2019 dam collapse.