Regulation
SEC Accuses Company of Withholding Investor Money to Squelch Whistleblowing
Online auction portal allegedly made investors sign confidentiality agreements prior to distributing returns.
News Archive: Nov - 2019
Market Moves
Daniel Loeb Doubles Down on Activism
Hedge fund provocateur to devote even more resources to shaking up companies.
Asset Allocation
Green Coalition: Pension Plans Miss Billions by Not Divesting from Fossil Fuels
Environmental groups say CalPERS, CalSTRS, and Colorado PERA missed $19 billion by keeping fossil fuel stocks in their portfolios.
Risk
The Debate Over Warren’s Tax on Investments and Medicare for All
Democratic presidential contender garners criticism that her plan is an indirect tax on the middle class.
Research
Canadian Pension Funds Return 1.5% in Q3
Despite strong year-to-date returns, falling rates have increased liabilities.
Research
Report: Public Pension Funding, Education Not Mutually Exclusive
Report says argument that state pension funding eats into education is false.
Cohen & Steers Names Jon Cheigh CIO
Cheigh succeeds Joseph Harvey to oversee investment of firm’s $70.8 billion AUM.
Corporate Moves
Canada’s CPPIB Bolsters US Investment Team
The $304.1 billion fund taps Zubaid Ahmad as senior advisor to boost US investments.
Risk
Study: Most Publicly Traded Food Companies Identify Water as a Financial Risk
Of the 35 companies analyzed, 77% mention too little or too much H2O as a threat.
Alternatives
In Depth: ESG Gains A Foothold In Middle East
An analysis of critical elements and a case study to understand the integration of ESG in the Middle East.
Risk
Changing RPI to CPIH Will Have Big Impact on UK Pensions
New inflation gauge will be ‘huge good news for some and huge bad news for others.’
Opinion
What Defines ‘Materiality’? CalPERS’ CEO Likens New SEC Disclosure Rules to Allowances in Sexual Harassment
Marcie Frost says SEC term is too ambiguous.
Risk
US Recovers More Than $700 Million Stolen From Malaysian Sovereign Wealth Fund
Allegedly stolen funds were used for buying luxury real estate, artwork and gambling.