What Consultants Tell Clients About Navigating Treacherous ESG Shoals
Asset allocators and managers need guidance at a time sustainability has become a hot political topic.
Tag: MOSERS
Newsmakers
Missouri Divests $500 Million From BlackRock as GOP Backlash Over ESG Grows
In less than a month, four states have pulled over $1.5 billion out of BlackRock investments in protest over a ‘woke political agenda.’
Corporate Moves
TJ Carlson Hired as Missouri State Employees’ Retirement System’s New CIO
He will replace Shannon Davidson, who will retire in November after 25 years at MOSERS.
Corporate Moves
Missouri State Retirement System Seeks New CIO
Shannon Davidson is set to resign from $9.1 billion pension fund as early as October.
Asset Allocation
Special Report: Why Pennsylvania SERS is Moving Toward a Liability-Driven Benchmark
New CIO Seth Kelly is hiking the fund's asset allocation to fixed income.
Asset Management Culture
Pennsylvania SERS Names Seth Kelly CIO
Kelly replaces Bryan Lewis, who left last year and is now CIO of US Steel.
Seth Kelly Resigns, MOSERS to Launch Search for New CIO
Seth Kelly departed the $11.6 billion pension after replacing 21-year CIO Rick Dahl in 2016.
Newsmakers
MOSERS Lump-sum Buyout Could Save $90 Million
22% of former state workers take lump-sum payout, fund expects more than $2 million in first-year savings.
Newsmakers
MOSERS Board Approves New State Budget Contribution Percentages
Actuaries debunk treasurer’s “crisis” warning.
Newsmakers
Missouri Treasurer: State Pension Crisis ‘Is at our Doorstep’
Suggests MOSERS lower expectations, investment fees.