News
Norway Pension to Exclude UK Security Firm G4S
Fund says firm is risky due to ‘systematic human rights violations.’
News
News
AK Steel Transfers $615 Million in Pension Obligations
Move brings firm’s total pension risk transfer to $1.1 billion since 2016.
News
GDP Doesn’t Measure Economic Growth Well, Nobel Winner Says
Joseph Stiglitz, head economist under Bill Clinton, complains that income inequality and environmental decline are left out of calculations.
News
CPPIB Criticized for ‘Moral and Ecological Failure’ on Climate-Conscious Investing
Group finds portfolio Is far off from the Paris Agreement’s 1.5 degree limit, blames relationships in oil and gas industry.
News
Federal Pension Balks at Bill Banning China Investments
Plan administrator says proposal discriminates against 5.8 million federal workers.
News
KKR Acquires Military Contractor Novaria Group
The private equity firm is purchasing an aerospace manufacturer to amp up its defense assets.
News
Goldman Warns of a ‘Baby Bear’ Market in Bonds for 2020
Despite expected Fed inaction next year, a strong economy will lift interest rates, the firm forecasts.
News
Senators Unveil Plan to Bolster Multiemployer Pension System
Proposal calls for beefing up PBGC’s authority and funding.
News
Securities Class Action Suit Filed Against Quad/Graphics
Lawsuit accuses CEO, CFO of misleading investors.
News
CalPERS, Just Missing Target, Broadens Its Investment Strategies
The giant pension fund is switching from return-oriented goals to a sharper focus on liquidity and strong betas.
News
Yellen: Risks of a Recession Are Rising
Former Fed head says central bank's rate cuts and the trade war worry her.
News
Washington OKs More than $2 Billion in Private Commitments
The Washington State Investment Board is continuing its large allocation to private markets as it continues to place large bets on alternative investments.
Corporate Moves
People Moves Roundup
Prudential Financial appoints Managing Director, Cohen & Steers appoints CIO, and more.
Regulation
SEC Stops Ponzi Scheme Targeting Seniors, Small Businesses
Alleged fraudsters invested funds in ‘calamitous trading strategy.’
Risk
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.