California’s two biggest public pension funds could have made about $17 billion more if they had dumped their fossil fuel investments a decade ago, climate advocacy group argues in a study it’s publishing Tuesday.
47% of plans’ assets were in U.S. stocks in third quarter, the most since 2007.
A California city’s defined contribution plans board is searching for investment consulting services.
A Great Lakes region pension plan made a hire in its domestic small-cap core equity manager search.
A West Coast association has issued an RFP for investment management and other services.
A Midwestern pension plan has issued separate RFPs for active and passive domestic small- to mid-cap value equity managers.
A Florida general employees plan added an international equity manager last month.
A Michigan-based equity manager is scheduled to close at the end of the month.
Judson Linville joined growth equity firm General Atlantic as a senior advisor on Nov. 1.
A Midwestern police pension plan shifted its domestic equity portfolio toward passive investing last quarter.