New York City Comptroller Scott Stringer on Friday revised guidelines for the city retirement systems’ corporate governance principles and proxy-voting guidelines, adding more of a focus on...
May 20, 2016 | 03:20 pm
Chesapeake Energy Corp. shareholders barely ratified by a 50.3% vote the compensation of Robert D. Lawler, president and CEO, and other executives, despite opposition from big pension funds and proxy-...
May 20, 2016 | 02:13 pm
Fidelity Investments has filed prospectuses with the Securities and Exchange Commission for six new smart beta ETFs.
May 20, 2016 | 01:16 pm
Goldman Sachs Group Inc. shareholders Friday ratified the compensation of Lloyd C. Blankfein, chairman and CEO, and other executives by a 66% vote, despite opposition from big pension funds and proxy-...
May 20, 2016 | 01:07 pm
Arizona voters overwhelmingly passed a referendum to modify pension benefits for existing participants in the $8 billion Arizona Public Safety Personnel Retirement System.
May 20, 2016 | 12:48 pm
Thomas S. Monahan, president and CEO of CIBC Mellon, will retire at the end of the year.
May 20, 2016 | 12:25 pm
Chicago's pension fund shortfall just got $11.5 billion bigger.
May 20, 2016 | 12:39 pm
INKEF Capital, a venture capital fund backed by two pension funds, has invested in data analytics firm GeoPhy, part of a strategic partnership with Dutch pension fund manager APG Asset Management.
May 19, 2016 | 12:10 pm
Trustees of the $17.8 billion Teamsters Central States, Southeast & Southwest Areas Pension Fund, Rosemont, Ill., announced Thursday that they will not resubmit a benefit reduction application to the ...
May 19, 2016 | 05:21 pm
The Securities and Exchange Commission plans to propose rules for raising investment advice standards and authorizing non-governmental examinations of advisers next spring, according to its latest...
May 19, 2016 | 03:56 pm
Kentucky Retirement Systems board trustee Joseph Hardesty presided at Thursday's board meeting in place of Chairman Thomas K. Elliott, who was warned by officials in the governor's office and...
May 19, 2016 | 04:17 pm
Large pension funds along with Glass Lewis and Institutional Shareholder Services have lined up against ratifying the compensation packages of Goldman Sachs Group Inc.’s top executives,...
May 19, 2016 | 04:11 pm
Chesapeake Energy Corp. faces opposition from large pension funds and proxy-voting advisory firms to the ratification of its pay packages for Robert D. Lawler, president and CEO, and other top...
May 19, 2016 | 04:03 pm
Legislation allowing Puerto Rico to restructure more than $70 billion in bondholder debt was introduced in the House of Representatives late Wednesday.
May 19, 2016 | 03:46 pm
Donald Trump's anti-trade, anti-immigration and isolationist policies would not bode well for the U.S. economy or the country's standing in the world, say two investment strategists.