News Archive: Jun - 2023

Having bought a U.K. football club and lured major players, the kingdom fortifies its homegrown teams financially.

Wade Steen claims he was illegally removed from the board of Ohio’s State Teachers Retirement System.

Haddad was previously interim CIO overseeing the New York City Retirement Systems’ $248 billion portfolio.

The British Columbia Investment Management Corp. will also own a minority stake in the combined entity.

The airline agreed to pay $5 million to the Birmingham fire and police pension fund but denied any wrongdoing.

Several strategists are not sold on the Fed’s two-hike scenario, while the futures market expects just one.

While political controversy dogs green initiatives, artificial intelligence replaces them as the new popular topic.

Fund manager Norges Bank Investment Management sided with Shell in rejecting a proposal to align greenhouse gas targets with the Paris agreement.

The proposed legislation would create a senior investor task force within the SEC.

The 100 largest corporate DB plans in the U.S. saw their collective funded ratio rise to 100.7% in May.

Traders in the beaten-down commodity, an economic bellwether, are taking long positions in its futures.

The firm advises lowering exposure to stocks in preparation for a recession finally rolling in.

He was most recently head of investment management at private banking firm Brown Shipley.