In The News
Canada’s No. 2 pension fund, Caisse de depot et placement du Quebec, said Tuesday it will shed all of its oil production assets, valued at C$3.9 billion ($3.08 billion), by the end of 2022 and reduce carbon intensity by 60% by 2030.
Investors with assets worth over $1.6 trillion urged Congress on Tuesday to pass a federal paid family and medical leave policy as part of President Joe Biden’s $3.5 trillion spending plan, according to a letter viewed by Reuters.
A 24/7 Wall St. analysis reveals that Illinois is the state with the worst pension fund crisis.
When it comes to funding female founders, 2020 was one of the worst years on record. At the global level, only 9% of all funding for technology start-ups went to the founding team, which included at least one woman. One female founder and a team of all women raised just 2% of all VC dollars.
Investors yanked money out of exchange-traded funds tracking emerging bonds last week as the spectacular unraveling of China Evergrande Group and a hawkish tilt from the Federal Reserve hit appetite for risky debt.
Buoyed by soaring stock markets, the Arkansas Teacher Retirement System’s investments gained $4.5 billion in value last fiscal year, the system’s investment consultant reported on Monday.
Students gave speeches, painted signs, and sat on blankets doing homework during the event, which lasted four hours. Many of them were local high schoolers skipping class to attend.
The strategies will utilize Northern Trust Asset Management’s Quality factor scoring in an effort to identify companies that exhibit strength in profitability, management expertise and cash flow while also maximizing the portfolio’s ESG exposure and reducing its carbon footprint.
Natacha Blackman, iShares fixed Income Product Strategy, BlackRock and Smadar Shulman, Managing Director, Indices, IHS Markit share their views on the bond market and the advantages of fixed-income ETFs.
The quant revolution in fixed-income is here at long last, if the latest Invesco Ltd. poll is anything to go by.