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CalPERS steps up ESG drive

After an extensive review and high-level workshop earlier this month the CalPERS’ investment team will seek board  approval in December for a total-fund plan to more fully integrate environmental, social and corporate governance principles into all the investment decisions it makes in each of its asset class.
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Fiscal disunity mires euro as US$ buoys slightly

Conflicting social, political and economic priorities are fighting for dominance in the Eurozone, and managing director and head of currency management at SSgA, Collin Crownover, believes this is affecting the outlook for the currency, while the US dollar, in a relative sense, looks quite positive.
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CII wants SEC to keep up legal fight

The Council of Institutional Investors has called for the Securities and Exchange Commission to pursue a re-hearing of a controversial proxy access rule that would have bolstered shareholder rights but was recently defeated in a legal challenge.
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