The plan is considering hiring a specialized real estate consultant as part of a search initiated due to the contract expiration of the current general investment consultant, which advises on the entire portfolio.
With the 2020 U.S. Presidential election just one week away, many in the institutional asset management industry are urging investors to focus on their long-term investments rather than the short-term outcome of who will spend the next four years in the White House.
A pension fund for Pennsylvania teachers said it had frozen new investments with Apollo Global Management amid concerns about ties between its founder, Leon Black, and Jeffrey Epstein.
Environmental, social, and governance (“ESG”) investing has captured the attention (and dollars) of more institutional investors each year and continues to grow exponentially. However, how can an ESG investor be sure that the investments it is making truly align with the values those funds purport to prioritize?