Corporate governance

Florida State Board, Ontario Teachers back Pershing Square in proxy fight with ADP

Governance -

Governance -

Florida State Board and Ontario Teachers support Pershing Square Capital Management in its proxy fight with Automatic Data Processing Inc.
Investment Association outlines remuneration principles for FTSE 350 companies

GOVERNANCE -

GOVERNANCE -

The Investment Association has outlined areas of company remuneration that its members will focus on during next year's annual general meeting season.
MSCI to temporarily block new companies with unequal voting structures from 2 indexes

GOVERNANCE -

GOVERNANCE -

MSCI announced it will temporarily block new companies with unequal voting structures from two of its indexes.
PwC: Technology, fee pressures to revamp asset management industry in 10 years

MONEY MANAGEMENT -

MONEY MANAGEMENT -

The global asset management industry will be substantially overhauled over the next 10 years, a new PwC report predicts.
Diversity becoming more important to asset owners, new research shows

GOVERNANCE -

GOVERNANCE -

Diversity is moving up asset owners' agendas, with the issue beginning to influence how they select managers and structure their boards.

Money Management -

Money Management -

Zach Oleksiuk, head of Americas within BlackRock's investment stewardship team, is leaving the company.
Geopolitical risk, digitized economy changing the way pension funds view investing

WORLDPENSIONSUMMIT -

WORLDPENSIONSUMMIT -

Pension funds around the globe are being forced to reconsider the way they invest as they grapple with the impacts of various risks.

CONSULTANTS -

CONSULTANTS -

Amy Heyel was named retirement plan consultant at AndCo Consulting.
Countries need to focus on sustainable retirement systems – report

Pension Funds -

Pension Funds -

Countries with unsustainable retirement systems must take action now, or risk intergenerational equity issues, a new report states.
New PLSA chairman pledges more openness regarding policy proposals

RETIREMENT PLANS -

RETIREMENT PLANS -

Incoming PLSA Chairman Richard Butcher pledged that he would be open with the industry and road-test policy proposals.
Fintech brings data alive for Wisconsin fund

TECHNOLOGY -

TECHNOLOGY -

Fintech firms are playing a growing role in helping large pension funds assess risk across their portfolios.

MONEY MANAGEMENT -

MONEY MANAGEMENT -

Some of Canada's largest pension funds and pension asset managers are creating a research center for retirement-related issues.
Cybersecurity, big data headline P&I's defined contribution conference

Defined Contribution -

Defined Contribution -

When using data to improve DC plans, sponsors must protect it and use it wisely, speakers said at Pensions & Investments' DC West conference.
Asset owner, manager group calls for integrated reporting at companies

Governance -

Governance -

Three asset owners alongside eight money managers have confirmed a commitment to integrated reporting.
Prudential wins appeal of 401(k) fee lawsuit

COURTS -

COURTS -

Prudential Financial Inc. has again won a lawsuit alleging it breached its fiduciary duties by receiving revenue-sharing payments.