New York City Comptroller Brad Lander has asked for an internal review after its former cio joined a private equity firm that the city’s five pension funds have a relationship with.
Lower-level positions at asset management firms are the most diverse by both racial and gender measures, with equity ownership and senior management the least diverse, results of a Meketa Investment Group diversity, equity and inclusion questionnaire show.
The plan approved eliminating its global asset allocation target and folding a China equity target into its broader emerging markets equity allocation at its board meeting today.