Institutional Investors Press CEOs to Disclose Climate Lobbying Practices
Group says companies will be held accountable for not aligning with the goals of the Paris Agreement.
News
ETFs on the March: Huge Inflows in September Set Up 2020 for Near Record
They gathered $35.2 billion last month, which should make this year second only to 2017’s blowout.
Harvard Endowment CEO Goes from ‘Not Pleased’ to ‘Proud’
Three years into his five-year transition plan, Narv Narvekar says the ‘signs are encouraging.’
Ontario Teachers’, PE Firm to Acquire Allworth Financial Stake
The $155.3 billion Canadian pension fund and Lightyear Capital bought the stake in the firm from Parthenon Capital.
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.
How a Trump or Biden Victory Might Affect the Economy
S&P Global Ratings analyzes the candidates’ differences and ‘surprising similarities.’
Pennsylvania PSERS Freezes Apollo Global Investments over Epstein Ties
State teachers’ pension fund has more than $900 million invested with Apollo.
Retiree Lift-Outs Boost Pension Risk Transfers to $4 Billion in Q3
Employers are pushing through transactions in the second half of the year after the pandemic forced delays.
President of Purported VC Firm Pleads Guilty to Securities, Wire Fraud
Marc Lawrence faces maximum of 60 years in prison for his role in Ponzi-like scheme.
Loomis Sayles CIO to Retire in March
Jae Park, who will retire after 19 years at the firm, will be succeeded by David Waldman.
Conservative Think Tank Calls for NYC Pension Reform
Manhattan Institute recommends moving to defined contribution plans and consolidating funds.
UK DB Plans’ Funded Ratio Falls to 91.4% in September
Meanwhile, the aggregate deficit of UK defined benefit plans rose to £166.1 billion during the month.
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.
OMERS to Sell Detroit River Rail Tunnel Stake for $312 Million to Canadian Pacific
The pension fund has been invested in the transnational transport system for nearly two decades.
Oklahoma Firefighters Pension Sues Peabody Energy over Mine Fire
The lawsuit alleges the coal mining company, its CEO and its CFO failed to disclose safety issues.