Corporate governance

Dole Food Co. puts lid on pension fund-led lawsuit with $74 million settlement

Dole Food Co. puts lid on pension fund-led lawsuit with $74 million settlement

Dole Food Co. Inc., Westlake Village, Calif., agreed to pay $74 million to settle claims it misled investors in a 2013 deal to take the company private.

March 23, 2017 | 03:57 pm
Investor group urges SEC not to delay CEO pay ratio disclosure rule

Investor group urges SEC not to delay CEO pay ratio disclosure rule

A group of more than 100 investors and investor organizations representing $3 trillion in total assets is urging the Securities and Exchange Commission not to delay a rule requiring disclosure of a...

March 22, 2017 | 12:34 pm

Morrow Sodali acquires majority stake in Global Proxy Solicitation

Morrow Sodali acquired a majority interest in Australian proxy and corporate governance firm Global Proxy Solicitation.

March 21, 2017 | 02:16 pm
Looking for talent beyond the good ol' boys

Looking for talent beyond the good ol' boys

Diversity on company boards, trustee boards and within the money management industry has become a focus for institutional investors, and money managers themselves, as the improved decision-making and ...

March 20, 2017
Snap IPO igniting furor; institutions not pleased

Snap IPO igniting furor; institutions not pleased

The absence of shareholder voting rights in Snap Inc.'s recent IPO has large institutional investors and asset managers gearing up for a battle they hope will prevent a war from erupting among future ...

March 20, 2017
Shareholder proposal calls for comprehensive report on Wells Fargo’s sales practices

Shareholder proposal calls for comprehensive report on Wells Fargo’s sales practices

Wells Fargo is asking investors to vote against a pension fund-led shareholder proposal that calls for a comprehensive report from the bank on its retail banking sales practices.

March 16, 2017 | 04:06 pm
Investors told to challenge, adjust investment assumptions to meet needed outcomes

Investors told to challenge, adjust investment assumptions to meet needed outcomes

Institutional investors need to alter their thinking when it comes to investment management in the lower-for-longer interest rate and returns environment.

March 15, 2017 | 12:01 am
European Parliament approves rules to improve shareholder rights

European Parliament approves rules to improve shareholder rights

The European Parliament has voted in favor of new rules that will strengthen shareholder rights and facilitate cross-border voting under the Shareholders Rights Directive.

March 15, 2017 | 03:35 pm
CalPERS targeting climate change risk in proxy solicitations

CalPERS targeting climate change risk in proxy solicitations

CalPERS will be carrying out 17 proxy solicitations around climate change risk this proxy season, including co-filing climate-related proposals at Exxon Mobil Corp., Chevron Corp. and Occidental...

March 14, 2017 | 03:51 pm
Shareholders focus on environment, corporate political activity in proxy proposals — report

Shareholders focus on environment, corporate political activity in proxy proposals — report

The environment and corporate political activity remain key areas of focus for shareholder proposals this proxy season, although the number of proposals on board and workplace diversity and pay...

March 09, 2017 | 04:27 pm
ESG incorporation on upswing for CAIA members, but many challenges remain — report

ESG incorporation on upswing for CAIA members, but many challenges remain — report

Environmental, social and governance investing is important to the alternative investment management industry, but a survey shows that incorporation challenges remain.

March 09, 2017 | 06:00 am
Sovereign wealth funds take a look in the mirror

Sovereign wealth funds take a look in the mirror

A group of 29 sovereign wealth funds have simultaneously published their own assessments of how they apply a set of good practice principles to their funds.

March 06, 2017
MainStay's new institute offers governance help to advisers, sponsors

MainStay's new institute offers governance help to advisers, sponsors

The mutual fund and exchange-traded funds distribution arm of New York Life Insurance Co. has created a free online service to help advisers and plan sponsors navigate the evolving governance...

March 06, 2017
CPPIB using lessons from its past to help China with reform

CPPIB using lessons from its past to help China with reform

The Canada Pension Plan Investment Board is using a book about its creation in 1997 to help Chinese officials begin reforming their pension system.

March 06, 2017

NN Investment Partners creates responsible investment team

NN Investment Partners has appointed three executives to its new responsible investment team.

February 22, 2017 | 01:10 pm