Hints and tips:
...The New York City and Massachusetts retirement systems, for example, said that they vote based on their own guidelines. However, many do hand off responsibility....
...“ETFs are generally excluded from the approximately $6.6tn 401(k) marketplace primarily due to technology limitations of 401(k) record-keeping systems,” it said in the filing....
...and intricate piping....
...EDF cited the complexity of installing electromechanical systems and intricate piping at the site in Somerset for the most recent delay....
...“It is really important that the system performs well and that it works flawlessly every time,” Callan said....
...The world’s largest money manager has used generative AI to construct a “co-pilot” for its Aladdin and eFront risk management systems....
...China is still in the early stages of building out its private pensions system and has increased access for US firms in recent years, even as geopolitical relations between the two countries have worsened...
...Hughes’s letter warned the committee “will continue to evaluate your ESG practices and your relationship to Texas pension systems”....
...A third space company, Launcher Inc, recently acquired by Vast, a private space station company, has bought Virgin Orbit’s launch site and lease in the Mojave desert for $2.7mn....
...Missouri on Tuesday became the latest state to punish the $8tn asset manager, as Treasurer Scott Fitzpatrick announced that the state’s retirement system had pulled out $500mn from BlackRock funds....
...Last year, BlackRock and Vanguard both voted for shareholder proposals at Berkshire Hathaway on climate disclosures as well as emissions reductions targets....
...The NYC Employees’ Retirement System, the Teachers’ Retirement System and the Board of Education Retirement System hold relatively small stakes in the lenders, but Lander has had success in winning support...
...Academics have even coined the term “asset manager capitalism” to describe the new reality of a financial system now dominated by money managers rather than banks....
...The surge in enthusiasm for these narrow bets is in contrast to that for US stocks at large, with three broad market ETFs — Vanguard S&P 500 (VOO), iShares Core S&P 500 (IVV) and SPDR S&P 500 ETF (SPY) —...
...Total AUM have risen 62 per cent since 2015; Fidelity and Vanguard more than doubled....
...Vanguard and BlackRock, the two biggest owners of bonds issued by coal companies, each held $7bn of bonds due to mature in or after 2030, while JPMorgan held $3bn of these, according to the research....
...“More platforms are aggregating liquidity and the pace has accelerated since the pandemic,” says Josh Barrickman, head of bond indexing at Vanguard....
...Rather, they’re headed on a trajectory far higher than what’s needed to climate-proof the energy system....
...It will continue to see flows as it becomes more integrated, hopefully, into the global financial system,” he added....
...You first put an encasement layer over your existing mattress and then zip on the Active Grid cover that contains piping for the water coolant....
...systems for chip plants....
...It dominates the league table for asset managers, with Vanguard next in line at $8.3tn of assets at the end of August....
...The oft-heard mantra is alive: differentiate or die The march of low-cost passive providers such as BlackRock, Vanguard and State Street dealt a strong blow to the active asset management industry, heaping...
...The economy was in a shambles, after the US mortgage crisis had rocked the global financial system, and many Wall Streeters were desperate for distractions....
...As the action-packed annual meeting season winds down in the US, investors are shifting their focus to Japan Inc, demanding changes on issues from climate change to corporate governance....
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