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.
Renewable sources like wind and solar may not be enough. Pension plan investors weigh the odds.