In The News

In The News
Pension Funds Stick By Blackstone Despite Closeness To Trump

Founder Stephen Schwarzman was one of president’s staunchest backers on Wall Street.

01.19.21
In The News
BlackRock Is Forcing Finance To Take Climate Risk Seriously

BlackRock is the latest (and biggest) player to shatter any delusions that companies can ignore the climate.

01.19.21
In The News
San Diego's Pension Payment Spiking $50 Million, Worsening Budget Crisis During Pandemic

Pension debt, now $3.3 billion, has nearly tripled since 2007 as employees make more and live longer.

01.19.21
In The News
'Painful' Cuts Proposed In Pensions For Teachers, State Employees

The state has underfunded the pension system for decades, and the state treasurer says the gap is so big, action is needed now.

01.19.21
In The News
City Of Tucson Will Use Bond Sales To Fund Public Safety Pension System

By issuing bond-like instruments called certificates of participation, the city will work to fund the growing obligation to the Public Safety Personnel Retirement System, which is currently unfunded by about $1.5 billion.

01.19.21
In The News
$23 Billion Spirit Super To Lean In On ESG Investing

MTAA Super and Tasplan will rebrand as Spirit Super after completing their merger, creating a $23 billion investor ambitious to deploy its newfound heft.

01.19.21
In The News
KKR Closes First Asia Real Estate Fund At $1.7 Billion

KKR, a leading global investment firm, today announced the final close of KKR Asia Real Estate Partners, a $1.7 billion fund focused on opportunistic real estate investments in Asia Pacific.

01.14.21
In The News
Aviva Investors Aims For Greener Future With Cuts To Carbon Emissions

New chief Mark Versey believes renewable energy push will spark fresh growth for struggling asset manager.

01.14.21
In The News
BlackRock And Vanguard Face Heavy Burden Of U.S. Sanctions On China

The two largest asset managers had heavy exposure to blacklisted Chinese companies.

01.14.21
In The News
Parity Is An Uphill Climb For Women And BIPOC Financial Advisors

Barriers to entry and success for diverse advisors impede DEI efforts among broker/dealers and independent advisory firms.

01.14.21