Hints and tips:
...In some cases, when anti-ESG and boycott laws passed, public pension fund trustees balked at being forced to move money, saying it would violate their fiduciary duty to put investors first....
...Apex Corporate Trustees, the trustee for the ETP, whose duties include overseeing the fund’s activities and protecting the rights of the investors, said it was “unable to comment on client matters”....
...“However, as with any advisory relationship, the decision-making power sits with trustees.”...
...After a 78-year run, Marlborough Gallery is to close this June, a decision announced by its board of trustees on Thursday....
...“What we had seen, which was disconcerting for trustees, is that they can’t buy or sell,” said David Fogarty, a professional trustee with Dalriada, a trustee firm....
...Trustees have also warned that industry moves to make the financial system more resilient could yet lead to unintended consequences....
...The trustees in charge of Social Security, the government retirement programme, estimated last year that it would have to start cutting benefits in 2033, unless Congress raised the retirement age or levied...
...This is Phaedra in a blistering new version of Seneca’s tragedy by writer and director Simon Stone....
...Regulators appear to have failed to identify the flaws or communicated these flaws to trustees sufficiently robustly....
...Üstek previously directed the Liverpool Biennial, though resigned midway, with other board members in her wake, after reported disagreements with the event’s trustees....
...Boots said it had a good relationship with the pension trustees and that the scheme was in a strong financial position....
...Private markets are “notoriously opaque,” said Richard Butcher, managing director of PTL, a UK firm of independent trustees, at the same event. “How do I know what the true cost of investment is?”...
...“The trustees are not just passing over a very well recognised and regarded team of individuals, but also the assets of three schemes, and all of their employees....
...It would not specify what information would be shared with trustees under the new agreement. The trustees also declined to provide details....
...TransDigm’s covenant will not thrill trustees of the £1.2bn scheme, which has a £300m accounting deficit according to filings. The US group has some $16bn in net debt, 7.4 times prospective ebitda....
...The company, he said, had arranged the “necessary financing” for the purchase and reached a memorandum of understanding with Meggitt’s pension plan trustees....
...The trustees of the group’s pension funds have also warned that the higher levels of indebtedness inherent to both bids would weaken the covenant of the schemes....
...Last week the Capstrano Unified School District Board of Trustees in Orange Country, California, voted to adopt a resolution requesting Newsom to reconsider or rescind the vaccine mandate for children after...
...The templates were developed to help pension trustees identify charges, and challenge fund managers on fees....
...While everyone wants black trustees and ethnically diverse artists in performance, there still seems a reluctance to hand over the keys of leadership....
...Weeks later in August, a report from the US trustees office revealed text messages and the recorded conversation between Mr Kamensky and the Jefferies executives....
...The trustees for UK pension funds are often unable to get details about asset managers’ voting and engagement with companies, according to research published on Monday from Dalriada Trustees, a London-based...
...of the Harvard Law School and the board of trustees of the International Game Fish Association....
...Under rules that came into place last year, pension trustees are required to integrate ESG issues into their investment approach....
...Last year Art Space Sanctuary, an artist-driven initiative, carried out a campaign against New York’s Museum of Modern Art focused on one of its trustees, Larry Fink, the chief executive of BlackRock....
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