The Latest
FIS Harvard 2019

NYC Retirement Systems’ S in ESG

Speaking at the Fiduciary Investors Symposium at Harvard University, John Adler, mayor’s trustee and advisor to the other mayoral appointees at New York City’s $200 billion five retirement systems, highlighted the critical role investors play in protecting workers’ rights and ensuring a just transition as the global economy adapts to the implications of climate change.

Limited partners hold fee-bargaining power

In a harsh capital-raising climate, ATP Private Equity Partners and TRS have different startegies on how to drive hard bargains on private equity fees. Institutional investors are gaining concessions on private equity management fees, with a near-record number of funds on the road seeking funds resulting in a shift in bargaining power to limited partners. […]

CalSTRS boosts infrastructure exposure

The unique pension fund-owned structure of Industry Funds Management contributed to it winning a large infrastructure mandate from the $144.8 billion CalSTRS, whose risk-based view of the world has it looking for inflation-hedging diversification. alternatives, CalSTRS, Industry Funds Management, infrastructureAsset Owner: White is responsible for the content across all Conexus Financial’s institutional media and events. […]

DiNapoli: fund focuses on economic growth

Pension funds are “perpetual investors” and should promote long-term, sustainable economic growth through integrating environmental, sustainability and governance considerations into investment decisions, New York State Comptroller Thomas DiNapoli says. BT Pension Scheme, Climate Change, climate change investment, Goldman Sachs, Thomas DiNapoliAsset Owner:

NYSTRS has stellar year

The $89.9 billion New York State Teachers Retirement System (NYSTRS) has achieved its best result for 25 years, returning 23.2 per cent for the year to June 30, 2011, with the strong performance driven mainly by its equity portfolio. NYSTRS, which claims to be one of the few fully-funded public pension funds in the country, […]

NY funding controversy spurs pension reforms

The arrest of a fundraiser for New York city comptroller John Liu and the ongoing federal investigation into his finances confirms the need for the governance reform planned for the city’s five public pension funds, Columbia Business School Professor Andrew Ang says. Andrew Ang, John Liu, New York State Comptroller, pension reformAsset Owner:

Radical overhaul for $120bn New York pension funds

New York will radically overhaul its pension system, consolidating the investment strategies for its five pension funds and reforming the governance structures of the funds. ICPM, Keith Ambachtsheer, New York City pension reforms, NYSTRSAsset Owner: