News
NYS Common, Arjuna Capital Push for Facebook, Twitter Content Governance
Shareholder proposals follow CalSTRS, Jana Partners’ Apple actions.
UK Pension Industry Executes Rapid-Fire Stock Sale
De-risking measures prep for possible market shock.
Norway’s SWF Inches Toward Private Equity Clearance
Ministry of Finance to present decision-making assessment this spring.
NYC Pension System to Divest $5 Billion from Fossil Fuels
Seeking climate change-related damages, city files lawsuit against five major oil companies.
Ray Dalio: We Now Have Trials by Gossip
Bridgewater founder writes obscure post about the perils of gossip.
Britt Harris, UTIMCO Nab Harvard’s Head of PE
Rich Hall, who left Texas Teachers’ for Harvard, returns to Texas to join UTIMCO as deputy CIO. Harris says, "There are no near term plans to alter the endowment’s basic asset allocation at this time."
CalSTRS Releases Statement on Letter to Apple
Letter calls for tech giant to offer parents more tools to curb children’s “screen” behavior.
Kentucky Pension Reform Bill Could Be Imminent
Bill is being analyzed in accordance with impact on state budget.
Swiss Government Creates Blockchain Taskforce
Group to be led by finance, economic and education ministers.
Arconic to Freeze US DB Plans in April
Freeze to affect 7,900 US employees.
UK Companies Reduce Pension Deficit by £8 Billion
Mercer expects 2018 to be ‘biggest year ever’ for pension risk transfer.
IBM, Comcast Sponsor Blockchain Startup Fund
Fund to also connect startups with Fortune 500 clients.
Decennial Commission Seeks to Aid NH Pension Funding Issues
Main objective is to reinstate contribution subsidy.
Kentucky Mayor Pushes for State Luxury Tax to Aid Pension Problems
Officials hope reform is adopted before next fiscal year begins.