State treasurer requested fund define a diverse board as at least 30% women.

Fund will be institutional only for a year, then a share class of the fund will be listed on the NYSE and ADX.

Assets in exchange-traded funds surpassed $3.4 trillion last year, up nearly five-fold over a 10-year period. 

Pension plan CEO says automotive industry is next.

Tracking portfolio reverses last year’s gains after surging in January.

Many corporate pensions limit their return-seeking assets to traditional equities. But what happens when the market environment is unfavorable for this asset class? We think plans need to examine this vulnerability and consider constructing return-seeking portfolios with three building blocks that may help pursue funded-ratio growth while mitigating funded-ratio drawdowns in more challenging environments.

How one of the world’s poorest countries became a powerhouse—and may become wealthier still as a peace broker.