Milken: CIOs Say Divestment Isn’t the Way
To change problematic companies, institutional investors say to stay in and help restructure ESG policies.
To change problematic companies, institutional investors say to stay in and help restructure ESG policies.
Group releases list of asset managers investing in assault weapon manufacturers.
Group decries push to dump fossil-fuel stocks, saying that will hurt returns.
Pension funds are looking for expert advice on how to extract fossil fuels from portfolios.
Fund targets 4% global assets increase.
Pension plan CEO says automotive industry is next.
Bank cuts companies that derive 30% income or power from coal.
John Chiang urges institutional investors to divest from sellers of military-style weapons.
Proposed legislation would require state pension to dump firms that sell firearms and ammunition.
State treasurer says she may ‘divest or not make further investments in gun companies.’
Fund shifts 5% allocation to large cap and fixed-income investments.
The plan also calls for the hiring of a director of socially responsible investing.
Move would be largest global divestment of fossil fuel stocks for San Francisco.
Local authority pension plans expected to be earliest to implement new regulations.
Board votes to liquidate $1.2 million worth of stock in three private prison companies.