Rising to the challenge
Boards and investment committees must rise to the current challenge, with governance models needing a pivot to respond to the new social distancing norm. Roger Urwin outlines a virtual investment committee model.
Boards and investment committees must rise to the current challenge, with governance models needing a pivot to respond to the new social distancing norm. Roger Urwin outlines a virtual investment committee model.
CalPERS is poised to reduce the number of investment committee meetings, and the size of the committee, as it strives to boost returns.
Its core business involves expanding the realm of science by beaming particles close to the speed of light and it invented the web – as we know it – as a nice little side project. You would perhaps then expect the CHF 3.6-billion ($3.9-billion) pension fund of the European Organisation for Nuclear Research, CERN, to
For a pension fund that describes itself as “ponderous”, the $154-billion California State Teachers’ Retirement System, CalSTRS, has moved uncharacteristically swiftly in recent months. The second largest public pension fund in the United States, the plan for teachers and faculty is in the process of divesting its holdings in gun manufacturers following the massacre at
Samuel Lisse, chief executive of Switzerland’s Vita Sammelstiftung (Vita), is currently in the process of hiring a new head of investment. The new appointee will have plenty resting in the in-tray, it appears, as she starts to assist the investment committee that governs the strategy of the 8.5-billion-Swiss-franc ($9.1-billion) joint foundation. That is not because
Governance