In The News
At the $79.4 billion United Nations pension fund, continuing tensions came to a head this month when the UN participant representatives to the pension board — elected representatives of 85,000 active UN staff members — wrote on December 2 to the General Assembly body that oversees the fund about their concerns on a range of issues regarding the fund’s administration and governance.
Five representatives of Fossil Fuel Divest Harvard met with University President Lawrence S. Bacow and several members of the Harvard Corporation in a closed-door meeting last week.
UK’s FCA deliberately understated amount owed in attempt to draw line under scandal, group says.
Sawgrass Asset Management, LLC, a registered investment advisor based in Jacksonville, FL, has partnered with Alta Trust, a South Dakota chartered trust company, to create a Collective Investment Trust (CIT).
The firm announced that it has successfully held the final closing of the Adams Street 2020 Global Fund Program with approximately $823 million in committed capital.
The Infrastructure Debt Fund II beats $1.75 billion target and is three times the size of the debut fund.
Some fund managers warn that the market is ‘complacent’ over risks of more rapid price growth.
Boston College has not wavered, saying that it will not divest from the fossil fuel industry. A group of advocates is taking a new approach, moving its arguments off campus and into the halls of government.
The global investment consulting and advisory firm joins more than 1,000 CEOs in commitment to advance diversity and inclusion in the workplace.
It was a banner year for mergers in money management as the continuing fee war squeezes margins. Don’t expect it to slow down in 2021.