Pensions & Investments

Investors turn legal firepower on SEC over shareholder proposal policy shift

While investors have taken a growing number of public companies to court this proxy season over shareholder proposal ...
Pensions & Investments

Fort Lauderdale General Employees cuts 2 active equity managers over performance, moves assets to passive mandates

Fort Lauderdale General Employees Retirement System terminated two active domestic equity managers and reallocated assets to ...
Pensions & Investments

A $3 billion California pension fund reverses private credit plans amid growing concerns over asset class

East Bay Municipal Utility District Employees’ Retirement System, Oakland, Calif., has canceled a search for evergreen ...
Pensions & Investments

Scenario analysis beyond climate — how the U.K.’s largest pension fund thinks about portfolio risk and resilience

The U.K.’s biggest pension fund applies scenario analysis to stress-test its $100 billion portfolio for robustness — ...
Pensions & Investments

Mercer continues private markets buildout with AltamarCAM acquisition

Mercer continues to expand its private markets capabilities with the acquisition of Madrid-based AltamarCAM, a specialist private markets manager with €20 billion ($23 billion) in assets under ...
Pensions & Investments

House committee advances bill to raise ERISA pleading standards following pro-plaintiff Supreme Court ruling

The House Education and Workforce Committee advanced a bill to raise the pleading standards for ERISA lawsuits, aiming to curb frivolous litigation.
Pensions & Investments

Few investors bridge the public-private credit divide. What Texas ERS and Florida SBA learned by doing it.

As private credit balloons to a nearly $2 trillion segment, investors are increasingly looking to integrate public and private credit decision-making — a shift that could reshape how pension funds and ...
Pensions & Investments

Here’s how emerging managers are carving niches in real assets — and winning institutional interest

Pursuing diversification in a challenged industry, asset owners have been growing allocations to smaller, newer and emerging ...
Pensions & Investments

CalPERS chief warns of panic moves, touts fund’s ‘discipline’ in downturn

CalPERS CEO Marcie Frost warned the retirement system’s more than 2 million members against making rash changes to their ...