Newsmakers
Swedish Pension Fund AP7 Sues Microsoft, Activision Over Takeover Deal
Lawsuit alleges shareholders were hurt because $68.7 billion acquisition process was “done incorrectly.”
Hawaii ERS Names Kristin Varela as New CIO
Coming from New Mexico’s PERA, where she was deputy, the new chief replaces Elizabeth Burton.
CIO Announces 2022 Industry Innovation Award Winners
Walter Kress Receives CIO’s 2022 Lifetime Achievement Award
EY’s CIO, a connector and a generous collaborator, to be honored during awards night at Chelsea Piers.
PSERS Posts Ad for New CIO
Australian Prime Minister Proposes $10 Billion Green Fund
NBA Approves Institutional Investors’ Passive Ownership Stakes in Teams
Former Connecticut Treasurer Named Chief Public Pension Strategist at Apollo Global Management
Ohio Takes Lead in $25.5 Million Suit Against Warner Bros. Discovery
Class-action lawsuit alleges company intentionally failed to disclose financial problems at WarnerMedia prior to merger.
BlackRock’s Red-State Woes Continue as Florida Divests
Florida’s CFO freezes assets managed by BlackRock and says by early 2023, the state will have divested fully from the world’s largest asset manager.
PGIM Hires VP of DEI Strategy and Industry Engagement
PSERS Exploring Legal Action Stemming from Reporting Error
Does Chinese Pandemic Unrest Mean Big Problems Ahead? Maybe Not, Says Bespoke
The economic and investing impact on China should be small, the firm expects. Hopefully with no Tiananmen Square rerun.
Dell Agrees to $1 Billion Class Action Payout
Settlement could become one of the Top 20 all-time shareholder-related settlements.
