The Co-Founder of Shareholder Activism Is Dead, but His Cause Is Thriving
Along with Carl Icahn, oil tycoon T. Boone Pickens invented the corporate raider concept.
News
60% of Americans Think a Recession Likely Will Hit in 2020
ABC/Washington Post poll results are similar to survey findings at the start of the Great Recession.
Private Equity Surges in Southeast Asia
Six ASEAN-focused funds have raised $500 million in the first half of 2019.
EU Regulator Warns of ‘Deteriorating’ Outlook for Asset Managers
Report says no-deal Brexit is biggest risk for European financial markets.
Columbia Endowment Chief Heading to Hawaii
Tim Donahue replaces longtime CIO Elizabeth Hokada.
CalPERS, Wellington Launch Climate Risk Evaluation Framework
Guide aims to help firms assess, disclose climate change risks to their business.
Public Employees Being Asked to Bear More Pension Burden, Risks
More than 70% of states have raised employee contribution rates since 2009.
FTSE 350 Pension Deficit Hits Two-Year High
Mercer warns pension trustees to brace for a no-deal Brexit.
CalPERS Terminates Real Estate Partner In Development Plan
CIM is out after nine years of failed efforts to develop a vacant lot in downtown Sacramento into an office tower. What’s next for the site is unclear.
Private Equity Powers VRS Returns, Just Missing Assumed Rate
Fund planning on bulking up private investments.
Climate Change, Trade Collapse, and Cyber Warfare Among Top Investor Risks
Trade war implications are only a piece of the big picture, Thinking Ahead Institute head says.
Former Adviser Gets Nearly 6 Years in Prison for Fraud
Gary Basralian admitted to stealing at least $2 million from his clients.
Falling Discount Rates Send Corporate Pension Funding Tumbling
Funded ratio of 100 largest US corporate plans drops to 83.8% from 87.7%.
L.A. Firm, Founder Charged in $19 Million Illegal Securities Offering
SEC alleges “recidivist founder” Ira Warkol charged 35% commissions.
Boris Johnson Swiftly Picks a New Work and Pensions Secretary
New head picked almost immediately after former head’s shock resignation.