Many institutions, wary of the asset class’s notorious volatility, keep their exposure low despite raw material price climbs.
CalPERS, CalSTRS, and NY Common helped push through outside directors at the oil leviathan, rather than unload its shares.
She will replace Jack Ehnes, the outgoing head of the pension system who postponed his retirement last year because of the pandemic.
That’s the argument from our symposium panelists, who say sustainability boosts stocks both now and into the future.
Why big allocators on this side of the Atlantic, like CalSTRS, CPPIB, and OMERS, are seeding Old World newbie companies.
CPPIB and CalSTRS are among the many institutions that have put money into the expanding Asian economic powers.
The oil giant shows that it needs fresh faces in its boardroom, says the pension fund.
Institutional investors like Arizona’s pension plan have done pretty well with this newly popular asset class.
Beijing’s hard-line policies and investing hurdles complicate the decision.
Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.