The current SEC proposal is seen as overreaching, but industry watchers see benefits if changes are made.
After ending the practice in 2019, the pension giant is bringing it back with added countermeasures to avoid ‘empty voting.’
Rana Ghorayeb will oversee the pension fund’s $57 billion portfolio as it consolidates its Ivanhoé Cambridge and Otéra Capital subsidiaries.
The CalSTRS search committee will meet on April 11 as it continues the process of hiring a successor for CIO Chris Ailman.
The new investment chief is CIO of the Guardians of New Zealand Superannuation and is expected to start in July.
Insurers who manage $13 trillion in the Americas and APAC see high returns in private credit, according to Goldman Sachs’ 13th annual global insurance survey.