Regulation
GOP Senators Demand Reversal of DOL’s ESG Decision
Republicans say retirement plans will be harmed if fiduciaries promote justice, diversity, and lower carbon emissions.
Tag: Governance
Asset Management Culture
CFA Institute Launches Certificate in ESG Investing
The program, backed by the UN PRI, aims to help professionals integrate ESG factors into the investing process.
Expect an Increased Tempo for ESG Investing Post-2020
A pandemic and calls for racial equity have only accelerated sustainable investments, and shaped the agenda for next year.
Alternatives
Alts Investors Expect Deal Activity to Return in 2021
However, the way they make those deals will likely change forever.
Asset Management Culture
SASB Eyes Standards on Internet Content
Guidelines are expected next year on data privacy, freedom of speech, and harmful content.
Coronavirus - COVID-19
Op-Ed: Evolving Approaches to Governance and Voting in a Time of Crisis
Georgina Marshall, global head of research at Institutional Shareholder Services (ISS), explains how investors can approach their portfolio companies in the pandemic environment.
Asset Management Culture
Kentucky County Employees’ Retirement System Proposes to Split Board’s Administration
Citing under-representation in the current KRS board, the system puts forth legislation to establish its own panel.
Manager Selection
UN Pension Fund Seeks Adviser to Suggest Board Changes
Fund is asking for a wide range of ideas on structural changes to its oversight.
Asset Management Culture
UK Authority Finds Pensions’ Tech Upgrades Are Floundering
Pensions Administration Standards Association blames poor quality data for derailing automation in pension plans.
Asset Allocation
Major Institutional Investors Say Zuckerberg’s ‘Totalitarian Grip’ on Facebook Must End
Group calls for Facebook to divulge the concentrated power that chairman and CEO holds.
Asset Management Culture
Northeastern State Treasurers, Asset Managers Form Corporate Diversity Coalition
Shareholder activism group aims for more diversity in corporate governance.
Newsmakers
CalSTRS Seeks to Join Lawsuit to Reform Facebook Governance
Pension fund says litigation will allow it to ‘protect Facebook’s profitability.’
Major Restructuring of CalPERS Investment Committee Could Become a Reality
A plan would reduce investment committee members and the number of meetings. It is being objected to by at least one board member.
CalPERS Board Member Wants Internal Investigation into Leaks Made Public
Margaret Brown says she is not the one leaking information to the press about confidential CalPERS matters.
Smaller DC Pensions Struggle to Demonstrate Value
Survey finds size matters regarding defined contribution plan governance.