NYC Pensions Fail to Persuade BlackRock Shareholders to Eject Aramco CEO From Board
Despite objections, Amin Nasser was not only overwhelmingly re-elected to BlackRock’s board, but he received nearly 3 million more votes than Chairman Larry Fink.
News
Crypto Regulation Bill Passes House
The bill aims to divide digital asset oversight between CFTC and SEC.
NYC Pensions Invests $60M for 25% Stake in Affordable Housing Joint Venture
Community Stabilization Partners was created after the 2023 collapse of Signature Bank to help support rent-stabilized apartments.
CPP Investments Returns 8% in Fiscal 2024
Net assets rose to $462.66 billion in the period ending March 31.
Where Does a Bitcoin ETF Fit in an Allocator’s Portfolio?
Pension funds are beginning to explore exposure to cryptocurrencies, which could act as diversifying assets.
SEC to Start T+1 Settlement Next Week
Securities transactions will have to settled by the following business day.
NYC Pensions Oppose Tesla Executive Pay Package
New York City Comptroller Brad Lander and seven other investment firms oppose Elon Musk’s proposed $56 billion pay package.
The Question for Nvidia: How Fat Will Its Earnings Be?
Amid high expectations, the AI-oriented chip firm is scheduled to report its quarterly results on Wednesday.
CalPERS to Oppose Appointment of ExxonMobil Board of Directors
The pension fund will vote against the appointment of the board’s 12 members and its CEO.
Family Offices Grow, as the Rich Get Richer
The number of very well-off more than doubled over the past two decades, a JPM report finds.
Chief Information Officers Can Play a Role in Driving Private Equity Returns
Strong IT strategy can improve the returns of portfolio companies, says E78 Partners’ John Buccola.
SEC Finalizes Reg S-P Data Security Rule
Covered parties must inform customers of a data breach within 30 days.
New York State Pension Cashes Out of $1.9 Billion Public Equity Fund
The $260 billion pension giant also allocated $1.6 billion across a variety of investments in March.