Daily Feed
A church is requiring its pension board and foundation to divest from five oil and gas companies as they do not align with its social or ethical values.
Nonprofit institutions continue to have a strong interest in impact investments and are the most motivated among a broad group of investors to move from intention to action, according to a recent survey.
Investors are planning to increase their allocations to private markets to capture higher returns with the help of external partners like outsourced cios.
The fund added a real estate commitment with an existing manager at a special board meeting this summer after adding three open-end real estate funds in May.
The fund approved an infrastructure commitment with an existing manager at its board meeting last week.
Plan added a managing director and head of Asia-Pacific to lead its newly established Hong Kong office.
The plan’s global equity manager experienced recent underperformance.
Plan retained a consultant last month after interviewing all seven respondents to the RFP in May.
The plan is looking to consolidate its services to one single provider.
Apostolos Katsaris has joined PGIM Quantitative Solutions, the quantitative and multi-asset solutions specialist of PGIM, as a senior client portfolio manager.
