Newsmakers
San Francisco Creates Reduced-Carbon Portfolio
Fund will be weighted towards companies that are more environmentally friendly in their carbon usage.
News Archive: Jan - 2018
Regulation
Connecticut Coalitions Collide on Pension Changes
Bipartisan commission is conducting public hearings to determine pension solutions.
PLSA Adds Sustainability Section to Pension Governance, Voting Guidelines
Updated guidelines recommend pension funds not support board re-election without climate change risk assessment, response to business effects.
NCPERS Study Reports Solid Year for Public Pensions
Employer contributions up 4%.
Study: Private-Equity Buyouts Stay Strong Globally in 2017
Deals on par with 2016, totaling $347 billion, Preqin researchers say, with most action in North America.
Newsmakers
San Francisco Approves Scaled-Back Divestment Plan
The plan also calls for the hiring of a director of socially responsible investing.
Newsmakers
Federal Judges Dismiss Rhode Island Pension Lawsuit
Previous state pension plan changes noted in ruling.
Research
Virginia Government Aims to Create Blockchain Study Group
Joint subcommittee to be funded by cryptocurrency wallet.
NACUBO: Endowments Returned 12.2%
But 10-year average annual dips to 4.6%.
Manager Selection
McCormick to Become CEO of BAAM
J. Tomilson Hill will become chairman of Blackstone Alternative Asset Management.
Market Moves
Fidelity Eyes Chinese Mutual, Pension Fund Markets
Company to provide domestic investment products to institutional investors, and high net worth individuals.
Newsmakers
Colorado Pension Sues Nine Banks over Lending Rates
Pension alleges the banks rigged their lending rates to boost profits.
Regulation
Temer Administration Still Adamant on Brazilian Pension Reform in 2018
Presidential poll leader awaiting Wednesday trial.
Northern Trust to Acquire Technology, Software Development Services from Citadel
The agreement allows for deeper collaboration between developers.
AIG Nabs Validus for $5.6 Billion
Deal expected to close mid-2018.