CalPERS wrestles governance change
CalPERS is poised to reduce the number of investment committee meetings, and the size of the committee, as it strives to boost returns.
Institutional investors have played down the impact that President Trump's executive order to limit the power of proxy advisors will have on their investment processes, with pension funds suggesting proxy inputs only form a part of their voting decisions. However, the development feeds into an ongoing crimping of investor power.
CalPERS is poised to reduce the number of investment committee meetings, and the size of the committee, as it strives to boost returns.
Why even good inclusion and diversity policies will miss their mark unless corporates have a better understanding of their employees.
The second in a series of articles by the CFA Institute outlines a roadmap on how investment professionals can navigate the accelerating change and disruption affecting the investment industry.
The investment industry needs authentic leaders: what do they look like? Rob Lake argues for a new form of leadership that is intensely human and can stimulate more innovation and creativity in work.
In this second contribution from the CFA Institute on finance professionals, CEO of CFA Societies Australia, Lisa Carroll, discusses the reform needed in that market.
Last month the book Achieving Investment Excellence, was launched in the auditorium of Dutch pension investor APG. The book is a guide to empowering pension fund trustees to get a good grip on the difficulty of successful long-term investing for pension funds. Top1000funds.com spoke to one of the authors, principal director investment strategy of PGGM, Jaap van Dam.
Governance