Hints and tips:
...“It has been an honour to lead and guide this massive global investment trust fund for the teachers of California,” said Ailman....
...He served as chair of trustees of the National Gallery between 1985 and 1991 and chair of the Heritage Lottery Fund from 1994 until 1998....
...boards....
...Since taking the helm in 2018, Phillip has sought to strengthen internal procedures following criticism of CVT’s governance and the conviction of a former finance director for stealing funds....
...Today, the interests of the 10.1mn members of private sector DB schemes are overseen by about 5,200 boards of trustees, their advisers and their managers....
...Wading into a traditionally male-dominated genre, feminist sci-fi icon Ursula K Le Guin, who taught Robinson literature at the University of California San Diego in 1977, was one of the first to show the...
...The perpetuals weren’t funded any more securely than the other annuities, and forever is a long time to trust anyone — even Philip II, king of everything....
...“Investors want to see the [retail arm’s] annuity business sold. This would reduce the size of the whole company and could generate separate bids for the two remaining parts.”...
...Misery for annuity holders That brings us to the bottom category in the hierarchy of pensions winners and losers....
...A spokeswoman for Calamos said the fund and the basketball player had “shared values”. It might be a gimmick, but it is also a bit of fun in a pretty dour environment for ESG these days....
...So, in a CDC, the trustees, whose sole responsibility would be to manage the fund in the interests of members, would have to adjust promises from time to time in light of experience....
...Trustees in particular have a fiduciary duty to members and should not let themselves be railroaded into change for change’s sake irrespective of the government’s desire to use consolidated pension funds...
...In the late 1970s, for example, students urged the trustees of university endowments to divest from companies that were reluctant to reduce or eliminate their operations in South Africa, in order to put...
...Michael Ewens, an economist at California Institute of Technology who studies start-up financing, says he cannot think of a traditional venture capital fund that has ever invested as quickly as Tiger Global...
...Prince Abdulaziz, sits on the board, told the FT....
...On May 2, the logos of Cisco, Citigroup, Delta Air Lines and Teneo itself provided the backdrop to the celebrity red carpet for another Global Citizen event in Inglewood, California....
...Many of these were personal injury specialists, some from out of state who had set up shop in northern California after the fires....
...Northern Trust isn’t alone in looking to diversify the partners it works with....
...Chair of the plan’s trustees is Sarah Hogg, a former chair of the Financial Reporting Council and presently non-executive director of the FCA board....
...Travel and tourism businesses are under immense pressure ahead of the crucial summer season in the northern hemisphere....
...Regulators also required pension funds to act. Last year the UK directed pension fund trustees to consider ESG factors or give a reason why they had not. Some investors were already on board....
...managers — which matters for the longevity of the fund....
...Approval of any new investments has already been given to the trust’s lender, Northern Trust, in return for flexibility over a £150m borrowing facility....
...The fund did not respond to a request for comment. The dissidents say the trust suffers from poor corporate governance and a lack of accountability....
...Shell’s Dutch pension fund is also a member of Eumedion, while Garmt Louw, chairman of Eumedion’s general board, chairs the board of trustees for Shell’s Dutch pension fund....
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