NY State Pension Reaches Agreements with Firms on Executive Pay
Microsoft, CVS, Macy’s, TJX, and Salesforce agree to revisit pay policies.
News
Investors May See More Risk, Less Return in 2019
Report forecasts economic expansion to continue, but also expects more volatility.
BNY Mellon to Pay More than $54 Million for “Pre-Released” ADRs
SEC says ‘improper practices’ allowed banks and brokerage firms to ‘profit handsomely.’
CalPERS Planned Private Equity Program Could Grow Quickly
Official says system could easily commit $10 billion in just five years via direct investment organization.
Three Managers Put Under Review By San Francisco Pension Plan
AQR, William Blair, and DFA all have seen their international equity strategies reduced by the San Francisco Employees’ Retirement System.
Moody’s Takes Dim View of Kentucky Due to Pension Reform Mess
Ratings agency doesn’t downgrade the state but puts it on ‘credit negative’ status, which could portend trouble ahead.
MassPRIM’s CIO Gets a Cool 5.3% Raise, Full Bonus
Michael Trotsky’s strong performance at the $71.8 billion pension fund bumps his annual pay to almost $500,000.
Australian Superfund Executes Substantial Renewable Energy Investment
The Warradarge wind farm is a 180-megawatt greenfield development based in Western Australia.
MainePERS CIO Deliberates Withdrawal of PE Commitments
Effort seeks to ‘rebalance’ portfolio.
Private Equity Boosts Wellcome’s 2018 Returns
The star asset class’ 20.2% gains raises Trust’s value to $38.4 billion.
UK Regulator TPR Names Charles Counsell Chief Executive
However, Work and Pensions Chair Frank Field expresses doubt about choice.
CalPERS Reviews Divestment of Companies with Ties to Sudan
Nokia, Nordea Bank lead list of 13 firms with potential ties to African nation.
Jerome Powell: Stock Market Poison
Under Federal Reserve chief, the S&P 500 has a history of selling off when the policymaking body meets.
Kentucky Lawmakers Balk at Bid to Push Through Thwarted Pension Overhaul
House members say $43 billion funding problem can’t be resolved over a “five-day session.”