Milken: CIOs Say Divestment Isn’t the Way
To change problematic companies, institutional investors say to stay in and help restructure ESG policies.
To change problematic companies, institutional investors say to stay in and help restructure ESG policies.
CIO aims to fix program that hired young, female, and minority managers, whose returns are sub-par.
At CalSTRS, to help people without enough money to retire, Tony James pledges to promote his idea to Washington big-wigs.
Cites issues with ‘lack of focus on profitability for the company.’
Firms eligible include Al Gore’s Generation Investment Management.
Consultant says announcement from The Alaska Permanent Fund, UK Railways Pension Scheme, and The Wafra Group expected within next several days.
CalSTRS’ Jack Ehnes urges asset owners to help lawmakers understand the ‘business case’ for clean energy.
Larry Fink’s letter to business leaders calls for higher ESG standards and better board communication.
Letter calls for tech giant to offer parents more tools to curb children’s “screen” behavior.
CalSTRS retiring deputy CIO recounts significant changes in the investment management industry during her career.
Strategy, rather than divestment, key to a sustainable funds, panelists say.
Key objective is to develop council’s response to policy and political issues that “seek to undermine” national retirement securities.
$213.7 billion fund owns shares in at least three public firms that make and sell guns and ammunition.
Michelle Cunningham was also the fund’s first internal investment officer.
The fund outperforms benchmark for first double-digit returns in three years.