Corporate Moves
Ash Williams to Chair Council of Institutional Investors Board
Eight new members elected as board officers, directors.
News Archive: Mar - 2018
New British Steel Pension Scheme Goals Met
BSPS plans, Tata Steel merger with Thyssenkrupp can now go forward.
Regulation
Court Orders Inquiry into Sears Canada Dividend Payment
A litigation investigator has been appointed to review C$3 billion in shareholder payouts.
Newsmakers
UK University Strikes Continue after Union Rejects Pension Deal
UCU gearing up for additional 14-day strike during exam, assessment period.
Macquarie Acquires Boutique Firm ValueInvest
Firm specializes in global and Japanese equities.
Regulation
Kentucky Sues to Block Pension Reform Analysis Release
Gov. Bevin’s office says law exempts disclosure of report because bill was ‘preliminary.’
Hedge Funds Expected to Make a Comeback
Report says asset class is ‘experiencing a renaissance’ among institutional investors.
Endowments and Foundations Eye Positive Economy, Emerging Markets
NEPC survey finds geopolitical tension among biggest concerns.
Pension Fund Sues Ocwen over Alleged Breached ERISA Duty
Lawsuit claims firm hurt pension’s investments by pushing homeowners into foreclosure.
US Blue Chips Contribute Record Amount in 2017
The so-called $20 billion club’s pension funded status rises to 84.4%.
LACERA Explores PE Sale
RFP says $1.25 billion of private equity assets could be sold at a secondary sale.
Newsmakers
Oregon Files Suit Against Wynn Resorts
Alleges ‘massive breaches of fiduciary duty’ caused damage to the company and the long-term value of the stock.
Newsmakers
Church of England Joins Rio Tinto Resolution
Investors are calling on the company to disclose ties with mining industry bodies.
