UK Directive Could Boost ESG Investments
Department Works and Pensions launches consultation on trustee investment responsibilities.
Asset Management Culture
Legal & General Targets Eight Firms for Climate Risk Inaction
Investment firm will vote against the boards of companies for not addressing climate change.
Swedish Companies Boost Gender Diversity for Leaders
More than a third of board members and a quarter of executives in large corporations are female.
Minimizing the Endowment Tax
Goldman Sachs offers strategies universities can use to reduce the effect of the new endowment tax.
Appaloosa Founder Tepper Buys the Carolina Panthers
In the largest NFL deal to date, hedge fund wiz will keep the team, general manager, and coach in Charlotte.
CalPERS to Discuss Alternatives to Board Diversity Proposal
Treasurer’s initial proposal of 30% diverse dismissed as ‘arbitrary and limiting.’
Blackstone Official Pushes Required Retirement Savings, Backed by Washington
At CalSTRS, to help people without enough money to retire, Tony James pledges to promote his idea to Washington big-wigs.
Japan’s Government Pension Fund Changes Fee Structure
The move is aimed at providing an incentive for active managers to boost returns.
NYS Common Cracks Down on Corporate Board Diversity
Diversity agreements made with four Fortune 500 companies.
Council of Institutional Investors Calls for Corporate Board Governance to Mitigate Sexual Harassment
Group recommends reporting case payouts, strengthening board diversity.
3 Large Funds Commit $700 Million to Form Capital Constellation
First strategic partnership announced.
ISBI Chair Explains Why Illinois Ditched Hedge Funds
State investment board cut nearly all of its hedge fund managers.
Voluntary Pension Contributions Surge in New Year
More than a dozen public companies announced nearly $8.5 billion in contributions last week.
Technology Takes Center Stage at CalPERS
Ranadivé tells CalPERS to look for opportunities ‘outside of comfort zone.’
San Francisco to Increase Investment in VBA
Investment may increase by $200 million.