Norway’s Pension Giant Calls for Improved ESG Metrics
$1.07 trillion fund is focusing on climate and money laundering issues.
$1.07 trillion fund is focusing on climate and money laundering issues.
Company retirement systems dropped to an 82% average funded ratio, the lowest level since 2016, thanks to the coronavirus.
The world’s largest asset manager said it’s reducing cyclical exposures to global assets, such as emerging markets and Japan.
CalSTRS, USS, Japan’s GPIF warn public companies and asset managers to adapt or die.
Undeterred by the wild stock market, he is venturing into the battered energy sector.
But market volatility caused by the coronavirus threatens to erase some of the gains.
First State Super and WA Super announce they’ve begun merger talks.
Large money managers including J.P. Morgan, Fidelity, and Allianz have lost their relationships with the biggest US pension plan as part of a massive restructuring of CalPERS’s equity program.
Signs of hoarding in Washington state and elsewhere in the West prompt fears of panic stockpiling nationwide.
SEC says today’s Names Rules may not be effective in stopping the implementation of misleading fund names.
The investment into self-driving 'moonshot' company signals growing interest in automated driving technology.
The state retirement fund is injecting $55 million to pay down liabilities, while also changing COLAs and increasing contributions.