For the world’s largest asset owners
August 15, 2024
CalSTRS Votes Against Record Number of Boards in 2024

The $341 billion pension giant opposed more than 2,200 boards of directors in proxy voting this year, mainly on climate risk disclosure.

Abu Dhabi’s ADQ to Take Minority Stake in Sotheby’s for $1B

The undisclosed stake is part of the sovereign wealth fund’s plan to boost its arts and culture offerings.

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Yale Endowment Launches Incubator Program for New Asset Managers
JPMorgan Chase CEO Dimon Skeptical of Private Markets Growth
Rice University Endowment CIO to Step Down
Investment Firms’ AI Adoption Hindered by Lack of Standards, CFA Institute Finds
IBM Secures $6B Pension Risk Transfer With Prudential
ExxonMobil CEO: Proxy Activists in Lawsuit Are Not Responsible Shareholders
TRENDING: Corporate Pension Funded Status Stays Flat in July

Strong equities were equivalent to or offset by a decline in pension discount rates.

TRENDING: Rhode Island Pension Returns 10.47% in Fiscal 2024

Assets of the ERSRI system rose to $11.369 billion.

Editorial: CIOeditors@issmediasolutions.com
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