One-Fifth of CalPERS Equity Portfolio Faces Climate Change Risk
In inaugural report mandated by state, pension details four sectors in which climate change could affect its portfolio.
Risk
Governments Urged to Bolster Pensions to Adapt to Aging World
OECD warns that countries may not deliver on adopted pension reforms.
Florida Firefighters Pension Sues Resideo for Securities Fraud
Class action suit alleged firm misled investors to artificially inflate share price.
Norway Pension Fund Removes Petrobras from Watch List
Norges Bank says Brazilian oil firm’s US settlement reduces corruption risk.
A Warren Win Wouldn’t Necessarily Bring a Bear Market, Says Bernstein
Similar downbeat predictions about Obama and Trump came to naught, strategists point out.
European Firms Increasingly Pessimistic, Climate Investment Stagnates
EU manufacturers plan to reduce investment for first time in four years.
No Good News Ahead for Oil Prices or Stocks
Despite probably new OPEC production cuts, US fracking will tarnish black gold.
Globally, ESG Investors Must Tailor Approaches to Different Locales
They all are looking for different things, so it pays to look at them with an eye to varying needs and demands.
What Does the Population Growth Bust Mean for Investors?
With fewer births to populate tomorrow's workforce, opt for health care and tech stocks, says BofA’s Quinlan.
Large Asset Owners Lauded for Pushing Sustainable Investing
Willis Towers Watson’s Thinking Ahead Institute argues large asset managers are essential for the well-being of our societies.
Highly Educated More at Risk of Pension Scam
The more schooling you have, the more likely you are to fall for a con artist.
US Corporate Pensions’ Funded Status Rises in October
Powered by investment gains, level increases a half-point to 86.1%
Low Interest Rates Are ‘Poison,’ Says JPM Savant
Monetary easing will harm economic growth, David Kelly warns.
Ohio Retirement System Eyes Reduced Benefits for New Workers
Proposed retrenchment would apply to workers hired in 2022 and beyond.
The Debate Over Warren’s Tax on Investments and Medicare for All
Democratic presidential contender garners criticism that her plan is an indirect tax on the middle class.