Those stocks, such as Altria and Verizon, carry the top yields, but their flagging prices negate the sweet payouts, according to Bespoke.
Leo Grohowski will retire at the end of the year after 16 years leading the firm’s investment strategy.
Nominations for the 2023 CIO Industry Innovation Awards are now being accepted. Check out the various categories, including some new ones, and see where your best work fits.
The plan had already cut benefits by 18% as of 2019.
Asset owners are increasingly adopting outside help, as 7% expect to go the OCIO route over the next several years.
Already leaders in their organizations, these rising stars stand to become chief investment officers themselves.
The $315.6 billion pension giant expects portfolio companies to disclose Scope 1 and 2 emissions at a minimum.