In The News
CNBC’s Jim Cramer on Wednesday railed against a proposal to update a security law that provides oversight over Wall Street activity.
The state of Kentucky, represented by Attorney General Daniel Cameron, is getting involved in a lawsuit that claims hedge fund firms and ex-officials of the commonwealth’s public pension system breached their fiduciary duty by arranging very risky investments.
Global pandemic underscores critical need for private equity investment as equality gap widens and issues of waste, energy efficiency and climate change become more pressing than ever due to COVID-19.
California schools pay 19% of teachers’ wages to their pension fund.
There is nearly as much work to do when a DB plan is frozen as when it’s open, and ignoring it could come at great cost.
London-based private equity firm Castleforge Partners has raised over 270 million pounds for its third fund.
Vanguard Group, the Malvern-based investment giant that employs more than 12,000 in Chester County, says it will transfer out of the company 1,300 workers who handle employers’ 401(k) plans for five million working and retired Americans.
AMP Capital’s $29 billion real estate arm, led by Carmel Hourigan, has been hit with poor returns in its flagship shopping malls fund, as the broader business battles further fallout from the controversial promotion of its new chief executive Boe Pahari following a sexual harassment settlement.
Amid protests over systemic racism, institutional investors, investment consulting firms, and large white-owned asset management firms have released a wave of statements condemning discrimination and praising diversity. Here’s a better idea: Do something.
The battle lines are being drawn over the Department of Labor’s proposed changes to the rules for ESG investing for pension funds and other retirement funds.
