2950975041_27c5d7c8e3_z

Shareholder Engagement Produces Few Results, Says Activist Investor

Shelley Alpern, Director of Social Research & Advocacy at Clean Yield Asset Management, penned a piece on Monday weighing in on fossil fuel advocacy among institutional investors. Most institutional investors have declined calls to divest from fossil fuel assets, citing their fiduciary duties as a major reason. Instead, many have opted to use their ...
3128975331_4853432915_z

Sustainable Investing Experts Weigh In On Fossil Fuel Divestment; Is Engagement A Better Strategy?

Different pension funds have different opinions on how climate change should affect investment strategy. Some, like Norway’s largest pension, are willing to divest from certain fossil fuels entirely. Others, like CalPERS, prefer to use their leverage as major shareholders to engage with companies rather than divest. Many others cite their fiduciary ...
chicago

Chicago Treasurer Considers Using Pension Money To Make Direct Investments in Local Black Communities

Newly appointed Chicago Treasurer Kurt Summers last month announced his plans to invest portions of the city’s pension money locally. Last week, he met with some local business owners and residents and talked further about his ideas, which include making direct investments in Chicago’s predominately black neighborhoods. Heard by Progress Illinois: Summers ...
2950975041_27c5d7c8e3_z

Pension Advisory Board: Divesting From Fossil Fuels Will Harm Future Returns

There have been calls from many corners in recent months and years for pension funds and other institutional investors to begin divesting from fossil fuel-based investments. But not many institutional investors have heeded that call, choosing instead to use their sway as major shareholders to work with companies. One of the largest asset holders in ...
3867767246_a59b722717_z

Will Pension Funds Have to Foot Bill For PE Firms in Collusion Settlement?

In September, seven investment firms ended a years-long lawsuit by agreeing to a $590 million settlement with corporate shareholders who were accusing the firms of colluding to keep prices down during the “buyout boom”. But for pension funds, the ramifications of the settlement are just beginning as they wonder how the costs of the settlement will ...
2630539049_37e633c709_z

CalPERS Board Asks Private Equity Consultants: Are “Investors Having Their Pockets Picked” By Evergreen Fees?

Over at Naked Capitalism, Yves Smith has posted an extensive analysis of the October 13th meeting of CalPERS’ investment committee. At the meeting, the committee heard presentations from three consultants: Albourne America, Meketa Investment Group, Pension Consulting Alliance. The meeting gets interesting when one committee member asks the consultants ...
Privacy Policy | © 2017 Pension360 and © 2014 Policy Data Institute | Site Admin · Entries RSS ·