WASHINGTON -- Investor Responsibility Research Center, Washington, launched an Internet publication called "Labor's Money," focusing on Taft-Hartley pension fund issues.
The goal is to attract the interest of money managers and consultants, as well as trustees and other officials of Taft-Hartley funds, said Rosanna Landis Weaver, editor.
It will cover news on corporate governance and institutional investment issues, analyze trends and report on articles in academic journals involving issues related to Taft-Hartley pension fund investments. News coverage will include reports on conferences and staff changes at labor funds and shareholder activist groups.
The stories in the first issue include reports on:
* results of the AFL-CIO's third annual report card rating of investment managers' votes on key shareholder proposals of 1999, and the release of its list of key shareholder proposals for 2000;
* a lawsuit filed by the Sheet Metal Workers International Association, the outgrowth of a proxy contest over a poison pill and independent director solicitation; and
* new shareholder activism by the American Federation of State, County and Municipal Employees.
The publication will be bimonthly and is available for free through a link at www.irrc.org. E-mail notification when each new issue is available is available by request.
