NYS Common Cracks Down on Corporate Board Diversity
Diversity agreements made with four Fortune 500 companies.
News
CalSTRS Not on Board with Tesla’s Proposed Compensation Package
Cites issues with ‘lack of focus on profitability for the company.’
CalPERS Report Details Role in Dakota Pipeline Controversy
Engagement led to 17 banks disengaging from the project.
Sears to Contribute $407 Million to Pension Plans
Retailer will use proceeds from two loans to provide funding.
UK Pension Funded Levels Fall in February
Deficits rise over the month, but are down sharply from a year ago.
Appeals Court Remands Successor Liability Case
Ruling finds in favor of pension seeking recovery from firm that bought its predecessor.
UK Proposes Increasing Pension Watchdog’s Powers
Government white paper suggests giving The Pensions Regulator (TPR) the ability to levy ‘punitive fines.’
BT Reaches Deal with CWU to Close DB Scheme
Union to vote on proposals in the coming weeks.
CDPQ to Expand In-House Private Equity Team
Pension aiming to cut outside PE costs, boost Singapore office.
Wilshire: Ups and Downs for Domestic Large, Small Cap Stocks in 2017
High-yield managers continue 10-year index struggle.
Mass. Bill Calls for Firearms Divestment
Proposed legislation would require state pension to dump firms that sell firearms and ammunition.
Federal Judge ‘DROPs’ Police and Firefighter Pension System Lawsuit
Board froze DROP program due to insolvency woes.
Wisconsin Public Employee Pensions to Rise at Least 2.4%
Dividend payments are a result of a 16.2% return for the state’s core fund.
Don’t Get Too Excited over Lower Life Expectancies
Report says actuaries shouldn’t reverse mortality expectations despite recent data.
UC’s Bachher Indicates De-risking of Commodities Portfolio in Near Term
CIO also made it clear there will be no new investments in oil and gas-related commodity funds.