Market Moves
CalSTRS Votes Against Record Number of Boards in 2024
The $341 billion pension giant opposed more than 2,200 boards of directors in proxy voting this year, mainly on climate risk disclosure.
Tag: Disclosure
Pensions
NYC Pensions Negotiate Worker Safety Deals With Major Telecoms Companies
SBA Communications, American Tower, and Crown Castle have agreed to increase disclosures about tower site safety.
Research
Water-Related Risks and Challenges
From the WRI Aqueduct 4.0 review of updated decision-relevant global water risk indicators.
Research
CFA Institute Produces Plan to Gauge OCIO Performance
The framework, now out for comment, calls for extending GIPS to outsourced investment managers, with rules for things like fee disclosures and benchmarking.
Risk
Australia Agrees to Disclose Sovereign Bonds’ Climate Risks
Investors can comment on the settlement until the court approval hearing, scheduled for October 11.
Regulation
SEC Cybersecurity Rules Require Major Compliance Efforts
Experts say regulations adopted last month will not be easy to meet without added resources and focus.
Asset Allocation
Where ESG-Minded Investors Should Put Their Money
Despite a harsh political climate for the concept, a CIO webinar of experts offers some smart insights.
Regulation
Congress, SEC Move Forward With Electronic Disclosure
Congress has proposed allowing electronic disclosure to investors for SEC registrants, and the SEC is looking to require it for disclosures to the SEC itself.
Newsmakers
Alternative Asset Managers Launch ESG Disclosure Tool
Template aims to improve transparency and consistency for companies and credit investors.
Newsmakers
The Case for ESG Investing, From NTAM’s Sustainability Chief
Julie Moret spells out the need to screen problem investments that could blow up.
Asset Allocation
Japan’s GPIF Joins ESG Benchmark
Pension giant hopes to encourage the disclosure of ESG data.
Regulation
Proposed SEC Rules Look to Shed Light on Opaque SPAC Deals
Regulator aims to protect vulnerable investors from being left holding the bag after insiders have ‘cashed out.’
Manager Selection
CIO of New Jersey Police and Fire Pension Resigns
The resignation follows an ethics probe into his behavior at a previous pension fund.
Regulation
SEC Proposes Cybersecurity Rule Changes for Public Firms
The regulator wants companies to better inform investors about their risks from hackers.
Regulation
SEC Wants Funds to Reveal More Proxy Voting Information
The regulator proposes disclosure rule changes regarding ‘say-on-pay’ votes and securities lending.