Hints and tips:
...Part of the problem is that ESG funds often try to address too many factors at once, says Brad Lander, who runs New York City’s $248bn in pension funds, leading to “a loss of clarity and strategic attention...
...Buonanno et al conclude from a study of their tax returns that purging City Hall of mobsters results in “a significant and sizeable increase of social capital” over the long term....
...ties (FT) CVC raises $800mn loan fund in sign of thaw for corporate borrowers (FT) Investors spend $200mn on ‘worthless’ Bed Bath & Beyond shares (FT) Another nail in the coffin for private sector pension...
...The second is an article on Anglo-Greek wrangling over the return of Parthenon Marbles hoarded by the British Museum, written by George Parker et al....
...What else we’re reading Killing of al-Qaeda’s Ayman al-Zawahiri deals setback to Taliban The assassination of the al-Qaeda leader has revealed Washington’s ability to conduct extensive surveillance and...
...Delays at US custody bank exacerbated UK pension sell-off Custody lender Northern Trust was overwhelmed by margin calls during the gilt market turmoil, hampering pension funds’ ability to raise cash, according...
...In the landscape of European football, al-Khelaifi has a better vantage point than most....
...du Québec, one of Canada’s largest pension funds....
...Now, Hohn has inserted himself in the takeover battle pitting Canadian National against Canadian Pacific for US railway rival Kansas City Southern....
...invest in ride-hailing rival to Didi (FT) Tikehau Capital joins race for Singapore’s first Spac (Bloomberg) KPMG’s global boss wades into dispute with UK accounting regulator (FT) Kansas City Southern...
...(FT) Cream teas and home truths: the National Trust at 125 The National Trust boasts 5.6m paying members, dwarfing the combined total of Britain’s political parties....
...Johan Magnusson has been fired from his position as chief executive of the Swedish pension fund AP1 for breaking the fund’s securities trading rules....
...Michael Sabia, chief executive of Canadian pension fund manager Caisse de Dépôt et Placement du Québec said his fund did not regard Brexit as “good news”, and that desirable companies needed to be “insulated...
...Partnership Ltd CCLA Central Finance Board of the Methodist Church Church in Wales Church of Scotland Investors Trust Ecofi Investissements (Credit Cooperatif Group) Elo Mutual Pension Insurance Company...
...A decade later, City is one of the leading forces in English football....
...If Americans wanted to shift between funds or countries, new online “fund supermarkets” sprung up to let them move their pension fund money as much as they liked....
...• Northern Trust has hired Dan Madden as head of capital markets for its $15bn FlexShares exchange traded fund arm....
...Blackstone Group, Starwood Capital, the Canadian pension fund manager Caisse de dépôt et placement du Québec and Singapore’s sovereign wealth fund GIC are among the biggest borrowers on GSE commercial loans...
...Mr Ozaki has moved to the $165bn Kansas City-based asset manager from Axioma, the risk and portfolio analytics provider....
...It followed a string of other adviser exits in recent weeks (Nick Timothy, Fiona Hill et al). More surprising was his candour....
...Saudi Arabia’s Public Investment Fund will own 5 per cent of Uber, and Yasir Al Rumayyan, managing director of the sovereign fund, will join Uber’s board....
...The gap has also been widening, rising by 2.34 years for men and 2.91 years for women since 2001 (source: Chetty et al 2016) – with deaths by suicides, substance abuse, and drug overdoses rising for certain...
...Taking advantage Andy Holmes relocated from Kansas City last year to help his firm, the Great Plains Trust Company, increase its presence in South Dakota after clients, including celebrities and famous...
...What is surprising is the failure of NYC pension fund trustees, the comptrollers office, consultants, auditors, pensioners et al to notice. Until now, Mr....
...So the FDIC as liquidator of Penn Square et al asserted that the “sales” of loan participations by Penn Square and the others were not “true sales” that gave rights to the underlying collateral (whatever...
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