In The News

In The News
Biden To Nominate Jerome Powell For Second Term As Federal Reserve Chairman

President Biden plans to nominate Fed Chairman Jerome Powell for a second term, opting for policy continuity despite resistance from some progressives. Lael Brainard will be nominated as vice chair.

11.22.21
In The News
LGIM Ends Feedback On Executive Pay After Finding It Mostly Ignored

UK’s largest asset manager to focus direct consultation on areas such as climate change instead.

11.22.21
In The News
Asset Managers Blame SEC Rules For Decision To Pull Bitcoin ETFs

Invesco and Bitwise cite regulator’s insistence on 100% exposure to bitcoin futures alongside other concerns.

11.22.21
In The News
CalPERS To Bring In Consultant Lenox Park To Help Diversity Efforts

The firm is expected to assist with collecting data on emerging managers.

11.19.21
In The News
Beyond Divestment: Massachusetts’ Pension Fund May Soon Be Used In The Fight Against Climate Change

The board that oversees Massachusetts’ state pension fund is considering becoming a shareholder activist, pushing all companies in which it invests to take climate action.

11.19.21
In The News
Arkansas State Retiree System's Investments Dropped $94 Million In Value Last Quarter, Consultant Says

The Arkansas Public Employees Retirement System’s investments dropped in value last quarter by $94 million to $11.5 billion, an investment consultant reported Wednesday.

11.18.21
In The News
Edelman Study Finds Critical New Dynamics For Building Trust With Investors

The research reveals new investor expectations on ESG, climate change, shareholder activism, employee activism and the meme stock phenomenon.

11.18.21
In The News
Pension Funds 'Must Diversify To Generate Positive Returns Post-Covid-19'

They need to expand across geographies, asset classes and currencies to stay competitive, according to experts at the Arab Pensions Conference.

11.18.21
In The News
Tesla's Dizzying Swings Give Institutional Investors A Headache

Big investors love many things about Tesla Inc. Volatility isn’t one of them.

11.17.21
In The News
Alternative And Multi-Asset Managers Behind The Curve On Diversity Engagement

Credit and equity managers are leading the charge in regard to the consideration of diversity metrics when researching potential investments, Redington research has found.

11.17.21