For the world’s largest asset owners
March 21, 2024
NYC Pension Funds Seek Board Demographics From NextEra Energy, GameStop

Shareholder proposals filed by three funds contend that board diversity improves decisionmaking, transparency and accountability.

2nd Suit Filed Against AT&T’s 2023 PRT Deal
Selection of insurer Athene is again the focus in litigation over the telecom company’s $8.05 billion pension risk transfer.
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Fed Aims to Start Slowing Its Bond Reduction Drive ‘Fairly Soon’

Shrinking the central bank’s balance sheet has been ongoing for two years.

House Republicans Propose 13 Bills to Reform SEC
The legislation would require more economic analysis and longer comment periods.
Private Funds Trade Groups Challenge New SEC Dealer Rule
The rule, finalized in February, would require private funds trading large blocks of government securities to register as dealers.
TRENDING: Truce Over: Texas School Fund to Ax $8.5B in BlackRock Investments

Despite seeming goodwill blooming with GOP officials in Texas, the asset management firm still draws ire due to ESG considerations.

TRENDING: Mississippi PERS Opposes Bill to Change Board, Deny Employer Contribution Increase
Legislation passed by the Mississippi House of Representatives would flip the pension’s board from mostly elected by members to mostly appointed by government officials. 
Editorial: CIOeditors@issmediasolutions.com
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