December 2, 2020 Canadian Pension CEOs Call for Increased ESG Disclosure The eight funds, which represent $1.23 trillion in assets, said it is ‘vital’ that companies report standardized ESG data.
November 25, 2020 Will Cutting Down on External Managers Make a Difference? Sure, it can help lower investment fees. But those after-fee returns? Researchers say that’s a mixed bag.
November 19, 2020 Expect More Inflation Ahead, but Not 1970s Levels, BlackRock Says Asset management titan thinks pandemic stimulus and new Fed tolerance should lead to increases in the 2.5% range.
November 12, 2020 Ray Dalio Sides with Chinese Regulators over Jack Ma Foiled IPOs be damned, diversifying into China is worth the risk, according to the Bridgewater founder.
November 12, 2020 Scottish Widows to Divest £440 Million from Firms That Fail ESG Standards UK insurance and pension provider targets companies that it says pose the most severe investment risks.
November 11, 2020 Principles for Responsible Investment Calls for Reversal of Anti-ESG Trump Policies CEO of UN-backed group says Biden administration has opportunity to ‘make American finance great again.’
November 9, 2020 Two More Pension Funds Apply to Treasury Department for Benefits Cuts Arizona Bricklayers’ fund submits its first application, while Michigan Carpenters’ fund applies for the second time.
November 9, 2020 J.C. Penney Completes Pension Liabilities Transfer to PBGC The long-beleaguered American retailer is offloading its obligations as part of a sale to mall operators Brookfield and Simon Property.
November 4, 2020 Ivy League Endowments Underperform 60-40 Portfolio Again Average university returns fall short of a passive portfolio over one- and 10-year periods.
October 28, 2020 New CalPERS CIO Could See $2.4 Million Payout That compensation is tied to five-year goals as part of an effort to reduce turnover at the largest public pension in the US.
October 28, 2020 University Endowments Urged to Hold on to Private Commitments For allocators, keeping a long-term investment horizon in the face of immediate challenges is key, NEPC says.
October 26, 2020 Harvard Endowment CEO Goes from ‘Not Pleased’ to ‘Proud’ Three years into his five-year transition plan, Narv Narvekar says the ‘signs are encouraging.’
October 23, 2020 Yale’s Swensen to Asset Managers: Hire More Women and Minorities The decision to track investment firms’ progress would have a ‘seismic’ shift in the industry.
October 22, 2020 Loomis Sayles CIO to Retire in March Jae Park, who will retire after 19 years at the firm, will be succeeded by David Waldman.
October 21, 2020 New Mexico Teachers’ Pension to Divest from Private Prisons The $12.75 billion fund has been under pressure to sell stakes in CoreCivic and the GEO Group.