University of British Columbia to Divest C$380 Million from Fossil Fuels
President declares climate emergency, but activists say it isn’t enough.
News
With Andrew Sawyer Gone, MainePERS Launches CIO Search for $15 Billion Fund
The CIO departed the fund in November after a 12-year run.
France’s Chief Pension Reform Official Resigns Amid Protests
High Commissioner for Pensions Jean-Paul Delevoye resigns after failing to publicly disclose other positions he held, which potentially lead to conflicts of interest.
Almost $14 Billion Pulled From CalPERS Equity Managers
With almost all of its external active equity managers fired, CalPERS is moving billions into its own internally managed index strategies
Finnish Pension Launches Sustainable ETF with $556 Million
Fund will exclude tobacco, fossil fuel, and weapons investments.
It’s the 5th Trade Deal Announcement: What if This One Falls Apart, Too?
The latest breakthrough is laden with ‘ambiguity’ and ‘fragile,’ says the Center for Strategic and International Studies’ China expert.
SEC Charges CEO with Fraudulent Initial Coin Offering
Tech firm allegedly raked in $42 million by defrauding hundreds of investors.
Exclusive: Jerry Albright Explains Why He Stepped Down as CIO of Texas Teachers
Board approves Deputy CIO Jase Auby as successor for top TRS investment management position
Ash Williams Named CIO of the Year at Innovation Awards Gala
Robin Diamonte receives Lifetime Achievement Award as enthusiastic crowd of 340, including 113 asset owners, applauds the prowess of vibrant leaders.
Investments in Fintech Hit Record High in Q3
Investments in firms are led by Asia, with China and India head to head for top spot in region.
French Prime Minister Reveals Pension Reform Plan
New system will be consolidated from 42 separate plans into one.
University of Virginia Returns 5.8% in 2019, Misses Benchmark
But endowment’s $9.6 billion portfolio outperforms over five, 10, and 20 years.
SEC Freezes Solar Panel Maker’s Assets Over Alleged Fraud
Executives allegedly used funds for yacht, sports cars, cosmetic surgery.
S&P Aggregate Pension Funded Status Rose in November
Level rises to 85.8% for corporate plan funding, Aon says.
After Phase One Trade Pact, Talks Will Get Really Hard, Dimon Says
JPM chief is sanguine about an initial deal, but warns against more tariffs being imposed.