Norwegian Sovereign Wealth Fund Adds 9 Firms to Exclusion List
The $1.2 trillion fund excludes companies due to tobacco and recreational cannabis production, as well as environmental damage.
The $1.2 trillion fund excludes companies due to tobacco and recreational cannabis production, as well as environmental damage.
Joint venture seeks to accelerate work of companies in food, water, energy and other sectors.
At Wednesday’s meeting, it upped the fed funds rate to a maximum of 3.25%.
Korn Ferry has been hired to help the organization find a new leader after 16 years.
Marlo Oaks is ‘committed to pushing back against ESG,’ which he claims is a left-wing political agenda.
Allocators and other investors shy away from the practice, but a research paper argues that rising rates pose an ideal opportunity for negative bets.
Bad news from FedEx, Ford and others saps confidence.
A federal judge rules that Goldman Sachs did not violate ERISA by offering proprietary mutual funds as options for its retirement plans.
New module boosts observable assets under management in database to $110 trillion.
The relatively moderate Dale Folwell could face Trump-supporting Lieutenant Governor Mark Robinson in the GOP primary.
Director of Investments Joshua Fenton will succeed as head of the $8.3 billion philanthropic fund.
However, insurance companies likely won’t be able to accommodate the increased demand.
At a 4.5% benchmark interest rate, economic growth will start to suffer, hedge fund guru says.
Class action lawsuit claims firm loaded its retirement plan with high-fee, underperforming proprietary funds.
Prosecutors allege that Neil Phillips artificially drove the dollar-rand exchange rate lower to trigger a $20 million option payout.