Which Companies Have the Most Open Records for ESG Reporting?
A Booth School study has some surprises in its survey of S&P 500 sustainability disclosures.
News
Canadian Universities Launch Jointly Sponsored Pension Plan
The University Pension Plan unites 35,000 members and five pensions into one plan with assets of C$10.5 billion.
Welcome Big Tech Back to the Head of the Class
Amazon, Microsoft, and the gang are posting better returns and will keep on rising, says Barclays.
British Steel Pension Adviser Barred for 13 Years
Darren Reynolds advised nearly 300 clients to transfer out of their pensions and into high-risk investments.
Calm Corporate Bond Market Shows Everything Is OK, Says LPL
Tight spreads to Treasurys plus low yields show investors aren’t worried about the economy, strategist Gillum finds.
BMO, Kestra, Putnam, Breckinridge Tap New CIOS
The new hires add to a recent flurry of investment chiefs joining or leaving institutional investors.
Australia’s Hostplus, Statewide Super to Explore Potential Merger
If approved by trustees, the resulting allocator would manage more than A$77 billion in retirement assets.
GAO Says US Gov’t Retirement Plan Vulnerable to Climate Risk
Its report recommends the Thrift Savings Plan be evaluated for its exposure to climate change risks.
CPPIB, Alberta Plan Invest Nearly $2 Billion in BAI Communications
The Canadian allocators are deepening commitments into the firm just as it’s expanding its 5G rollout capabilities in the US and UK.
Transamerica Settles 401(k) Lawsuit for $5.4 Million
The complaint alleged the insurance giant saddled its plan portfolio with proprietary duds.
Good News for Company Plans: Need for More Contributions Is Dwindling
Corporate tax reductions and strong investment returns have put pension plans in a good place, a NISA study finds.
BCI, Gamut to Invest in Transportation Firm PS Logistics
The Canadian investor is betting on continued growth in the continental shipping of goods.
Citigroup Launches Digital Asset Unit
Digital Assets Group will be co-led by Alex Kriete and Greg Girasole.
David Veal to Join Texas Employees Pension as CIO
He leaves the Austin, Texas, city pension fund after five years to replace outgoing CIO Tom Tull.
New Jersey Ups Pension Contribution 44% Due to Tax Receipt Surge, US Aid
The Garden State’s program has been one of the nation’s most underfunded.