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.
Two Florida public service pension funds have asked a US court to certify as a class action their claims that drugs company Perrigo harmed investors by allegedly failing to disclose its liability on a €1.6bn tax assessment from Revenue.
Hawaii Employees’ Retirement System (ERS) has been operating since 1926. It now has 126,000 retirees on its rolls. It pays out US$ 1.4 billion to them annually.
U.S. Treasury yields have fallen close to record lows when adjusted for expected inflation, providing an extra boost to riskier assets in response to both better economic data and the promise of continued monetary stimulus.
New York City Comptroller Scott Stringer was in the midst of introductory remarks to attendees of an African Stakeholder M/WBE meeting yesterday afternoon when it happened
A Florida employee pension plan will interview three liquid absolute return managers at its board meeting next week after completing its multi-sector fixed-income search last month.