The TRS’ annuity trust’s asset value grew to nearly $26 billion despite missing its benchmark by more than 150 basis points.
Three of the city’s pension funds filed shareholder proposals seeking greater fossil-fuel transparency at six of the largest banks in North America.
Previously an investment consultant with Meketa, Jones started in the newly created position on October 10.
The complaint alleges breach of fiduciary duty in ‘misguided and ineffectual gesture to address climate change.’
Many U.S. and other nations’ companies are thinking about transferring elsewhere. Easier said than done. Investors could be collateral damage.
Their overseas exposure is expanding, while US funds stay mostly at home.
