Staff and consultants at Pennsylvania’s biggest pension fund fund tried to improve investment performance data and ended up at the middle of a string of investigations and legal reviews.
Natixis Investment Managers has added the Academy of the Pacific Rim and the Life Learning Academy charter schools to its philanthropic program a part of the firm’s long-standing commitment to support its local communities and support its broader efforts to increase diversity in the financial services industry.
The U.S. Securities and Exchange Commission on Friday said it has found “potentially misleading” claims and inadequate controls around investing environmental, social and governance (ESG) issues in a review of investment advisors and funds.