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Showing 61 - 70 of 690 results for "Pension funds"

Fossil fuel divestment bill passes California Senate

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
The California Senate passed a bill overnight prohibiting the United States' two largest public pension funds from investing in the world's top 200 fossil fuel companies and require them to divest any existing holdings by 2030. The California ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... former portfolio managers have been charged by the US regulator over a multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission charged Allianz Global Investors and three ...

Pension fund pushes for independent chair at Berkshire Hathaway

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
One of the world's largest pension funds has indicated it will vote Warren Buffett out as chair of Berkshire Hathaway at the company's annual general meeting later this month. Despite his notoriety as the world's best investor, the California ...

Geopolitics to change ESG approach: Survey

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
... process of doing so, obstructed in many cases by illiquidity and lockups. Meanwhile, 39% of investors-including 41% of pension funds-said that said recent geopolitical developments will lead or have already led to a re-evaluation of their ESG approach ...

Aussie instos commit $50bn to UK projects

JAMIE WILLIAMSON  |  FRIDAY, 1 APR 2022
... a new net zero fund that will support electrification, carbon capture and solar power projects. "IFM is owned by pension funds and invests, over the long term, on behalf of pension funds, their members, and other long-term investors. We have been investing ...

BlackRock strengthens Australasia, APAC leadership

CHLOE WALKER  |  WEDNESDAY, 23 FEB 2022
... the Australian board and have high-level responsibility for sales and client servicing across sovereign entities, pension funds, banks, insurers, asset managers, asset consultants, family offices and financial advice practices," BlackRock said.. Across ...

CalPERS, CalSTRS face fossil fuels ban

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
Two of the world's largest pension funds could be forced to divest all fossil fuel companies and be banned from making any further investments under a new bill. The Fossil Fuel Divestment Bill to advance California Climate Goals was introduced into ...

New APAC institutional lead at abrdn

JAMIE WILLIAMSON  |  THURSDAY, 10 FEB 2022
... build-up of institutional client business in the region, and for fostering partnerships with official institutions, pension funds, and financial institutions," abrdn said. Reporting directly to regional chief executive Rene Buehlmann, Tang's appointment ...

AustralianSuper appoints to advisory team

ELIZABETH MCARTHUR  |  THURSDAY, 3 FEB 2022
... was PGGM's chief investment manager from 2011 to 2020, and in that role, he was responsible for €250 billion in pension funds under management. He is also a former central banker, with more than 30 years' experience in financial services. He joined ...

Pinnacle adds to US leadership

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
... Working alongside co-managing director Alison Maschmeyer, Kirkpatrick is responsible for public pension plans, private pension funds, insurance companies, endowments and foundations, family offices and private wealth. The US is now Pinnacle's largest ...