NYC Comptroller Calls for Exxon Mobil Board Disclosure
Scott Stringer is urging shareholders to vote for board transparency resolution.
Scott Stringer is urging shareholders to vote for board transparency resolution.
Retirement system joins Allianz and Kuwait Investment Authority as Hudson Yards investors.
Study finds public pensions added $137.3 billion to state and local coffers in 2016.
CEO expects fund to report double-digit losses once every 10 years.
The small shortfall comes despite a bigger stress on risk.
The two insurers can take on more of the UK retailer’s obligations if needed.
Critics express fiduciary concerns.
Decision offers some clarity, but adds confusion for pension trustees collecting overpayments.
Milliman reports a 1.7% drop in the funded ratio of US DB plans from the end of 2017.
‘CalPERS Direct’ would help largest US fund to bypass high fees.
After news leak, jurist skeptical of reductions retires early in protest.
Spokesman said cities will not be able to pay monthly contributions if returns are that low.
Fund expected to boost impact allocations over the long term.
Aggregate funded level of 5,588 pensions increased 5.6% over the past 12 months.
Eliopoulos' leave comes at a crucial time for the mega pension fund.