A recent report shows that one of the world’s most highly regarded, and wealthiest, universities invested heavily in land in Brazil’s Cerrado grasslands, where land-grabbing and other environmental crimes are rife.
This week a fascinating article on the website of the Education Intelligence Agency revealed that the California Teachers Association, one of the most powerful labor unions in the world, is itself having labor problems. Moreover, the labor problems they are encountering are because they’re trying to be fiscally responsible.
There is a groundswell of interest in racial justice among institutional investors as beneficiaries, clients, board members, and staff advocate for investors to take anti-racist action. This article attempts to provide investors who are interested in racial justice with a range of options.
State Comptroller Thomas DiNapoli on Tuesday said investments in the state pension fund showed “one of the strongest rebounds in modern history” after deep losses forced by the COVID-19 virus.
Kuwait’s $112 billion pension fund is looking to more than triple investments in infrastructure as part of its asset-allocation strategy over the next couple of years.
Caisse de Depot et Placement du Quebec posted a 2.3 per cent loss in the first half of 2020 after largely missing the rally in large technology stocks and suffering from its heavy exposure to shopping malls.
First, he was called a Chinese spy. Then he was accused of misleading his board. Yet Ben Meng stayed on as investment chief at California’s mammoth state pension plan. What finally drove him to quit wasn’t only the public pressure, it was a Wall Street sin every rookie in the business knows to avoid: He steered the fund’s money into investments that could benefit him personally.