Senators Rebuke Federal Pension’s Criticisms of China Investment Ban
Sponsors of the bill says the pension board must either be ‘unaware’ or ‘purposefully misleading.’
News
Corporations Are Agreeing More to CalPERS Diversity Demands
More than 50% of the companies engaged by the largest US pension plan are agreeing to add women and minorities to their board.
No Good News Ahead for Oil Prices or Stocks
Despite probably new OPEC production cuts, US fracking will tarnish black gold.
Canadian Pensions Acquire Stake in Mexican Construction Firm
CPPIB continues to plow money into infrastructure investments.
NYSE Proposes New Method for Companies to Raise Capital When Going Public
Direct listing would allow companies to sell shares in opening auction on first day on exchange.
Investment Advisor’s Registration Revoked over Alleged Fraud
SEC says International Investment Group sold at least $60 million in fake loan assets.
People Moves Roundup
Prudential Financial appoints Managing Director, Cohen & Steers appoints CIO, and more.
SEC Stops Ponzi Scheme Targeting Seniors, Small Businesses
Alleged fraudsters invested funds in ‘calamitous trading strategy.’
Globally, ESG Investors Must Tailor Approaches to Different Locales
They all are looking for different things, so it pays to look at them with an eye to varying needs and demands.
Here’s How to Boost Tax Collection, Says Larry Summers
Increase IRS audits, which are shrinking. This would help narrow the budget deficit, ex-Treasury secretary contends.
Breaking News: Washington State Investment Board Names New CIO
Allyson Tucker will replace Gary Bruebaker, who served as CIO since 2001.
Breaking News: CIO Tony Waskiewicz Parts Ways with Mercy
Waskiewicz, whose last day was Friday, says the parting was amicable.
CalPERS Falling Short of Private Equity Goals
Asset class shrinking, and pension will need to allocate at least $3 billion more than last fiscal year to sustain 8% target.
What Does the Population Growth Bust Mean for Investors?
With fewer births to populate tomorrow's workforce, opt for health care and tech stocks, says BofA’s Quinlan.