INTERNATIONAL
FTSE Russell released its annual fixed-income and equity country classification review, adding Nigeria, Pakistan and Egypt to watchlists.
Former Prime Minister Shinzo Abe — Japan's longest-serving premier — died after being shot at a campaign event.
Prime Minister Boris Johnson announced his resignation but will remain as caretaker of the government until a successor is named in October.
U.K. Pensions Minister Guy Opperman became the 51st member of Boris Johnson's Cabinet to resign.
Two of the most senior members of Boris Johnson's government quit in quick succession, putting the U.K. prime minister in political danger.
Canadian pension fund managers and Asia-Pacific institutional investors also are moving away from Russian securities.
Aon suspended operations in Russia in response to the country's invasion of Ukraine and has put employees based there on paid leave.
The new law required the New Jersey Pension Fund to divest certain Russia and Belarus assets.
MSCI and FTSE Russell are cutting Russian equities from indexes, while the London Stock Exchange has suspended Russian depositary receipts.
As global condemnation of the Russian invasion of Ukraine intensifies, U.S. public pension funds’ responses continue to evolve.
