News

CalPERS Sheds LaSalle of Industrial RE Portfolio

The country's biggest public pension fund has transferred most of its CalEast Global Logistics industrial real estate portfolio to private investment firm GI Partners from LaSalle Investment Management.

Study Suggests ESG Mutual Funds Outperform

Research by Trucost and RLP Capital shows that mutual funds incorporating environmental, social and governance (ESG) analysis outperformed traditional funds over one-and three-year periods.

Report Suggests Norway's SWF Needs to Harness Its Size

According to a report by an independent council, Norway's 3 trillion kroner ($494 billion) Government Pension Fund-Global should take better advantage of its size, lack of liabilities, and long investment horizon.

Shareholder Group Says Pay Practices at Banks Fueled Risk-Taking

The Council of Institutional Investors, which represents about 130 pension funds, has shown that pay practices at major Wall Street banks likely helped drive excessive risk-taking by executives and contributed to financial collapse in 2008.