Sentences with phrase «state pension fund manager»

State Comptroller Tom DiNapoli on Thursday said he has ordered an internal review of hiring practices and oversight in the wake of the arrestof a former state pension fund manager accused of taking bribes that ranged from cash to crack cocaine to prostitutes in exchange for steering $ 2 billion in investments to Wall Street broker - dealers.

Not exact matches

[13] «Capitalism in the United States is now in a new stage, money manager capitalism, in which the proximate owners of a vast proportion of financial instruments are mutual and pension funds.

Anne Sheehan is the Director of Corporate Governance for the California State Teachers» Retirement System (CalSTRS), the largest teacher's public pension fund in the USA, where she is responsible for overseeing all corporate governance activities for the fund including proxy voting, company engagements and managing $ 4 billion placed with activists managers and sustainability managers.

Blue states lead lagging US on environmental, social and governance (ESG) investing; pension funds hold investment managers accountable.

Currently, Mr. Lieberman is representing several UK and EU pension funds and asset managers in individual actions against BP plc in the United States District Court for the Southern District of Texas.

Empire State voters may have rejected Wilson's advances, but pension troubles — sadly — are not unique to this state, and the former hedge fund manager has found a new spot to exercise his expertise: Rhose IsState voters may have rejected Wilson's advances, but pension troubles — sadly — are not unique to this state, and the former hedge fund manager has found a new spot to exercise his expertise: Rhose Isstate, and the former hedge fund manager has found a new spot to exercise his expertise: Rhose Island.

The State Comptroller says he's looking for more start up companies and entrepreneurs to invest in, as part of a partnership between the state's pension fund and private equity manaState Comptroller says he's looking for more start up companies and entrepreneurs to invest in, as part of a partnership between the state's pension fund and private equity manastate's pension fund and private equity managers.

He pointed out that just in the last couple of days, there was another example of failure in the current system of oversight when U.S. Attorney Preet Bharara charged a former portfolio manager in the state's pension fund, which is overseen by the state comptroller, with running a bribery scheme.

As the State University's Rockefeller Institute pointed out in 2014, pension - fund managers and trustees have been embracing «potentially destructive myths and misunderstanding» about the true costs and risks associated with their promises.

New York State Comptroller Thomas DiNapoli blamed a prominent Wall Street headhunter for hiring a pension manager tied to bribe allegations to fund his sex, drugs and rock»n' roll...

«Pension fund managers across the country have cut or eliminated exposure to these overpriced and underperforming investments, while the Office of the New York State Comptroller has stood still and spent pension system funds chasing performance that continues to fall far short,» said Financial Services Superintendent MariaPension fund managers across the country have cut or eliminated exposure to these overpriced and underperforming investments, while the Office of the New York State Comptroller has stood still and spent pension system funds chasing performance that continues to fall far short,» said Financial Services Superintendent Mariapension system funds chasing performance that continues to fall far short,» said Financial Services Superintendent Maria Vullo.

There were several red flags missed by the state comptroller's office in the run - up to the indictment of a money manager, Navnoor Kang, on bribery charges involving the pension fund.

The state pension manager charged with taking bribes to fund his rock - star lifestyle — including prostitutes, strippers and drugs — was warned Wednesday that he'd better stay sober pending trial...

The state comptroller says he is looking for more start - up companies and entrepreneurs to invest in as part of a partnership between the state's pension fund and private equity managers.

«Wall Street Harry Wilson is in favor of preserving the federal tax loophole that lets hedge fund managers pay less on their taxes than the rest of the state, wants to turn over the pension fund to the same Wall Street bankers that almost brought our economy to its knees, is against President Obama's Wall Street reform bill AND wants to enforce a $ 2,500 tax hike on households outside of New York City in his first year if he was elected.»

«Probably the greatest scandal in the state this year happened in the comptroller's office with the pension fund manager who was taking kickbacks where a background check was even conducted.»

New York State Comptroller Thomas DiNapoli blamed a prominent Wall Street headhunter for hiring a pension manager tied to bribe allegations to fund his sex, drugs and rock»n' roll lifestyle.

He points out that just in the last couple of days, there was another example of failure of the current system of oversight, when U.S. Attorney Preet Bharara charged a former portfolio manager in the state's pension fund, which is overseen by the state comptroller, with running a bribery scheme.

Throughout the campaign, Wilson, a 38 - year - old hedge fund manager from Scarsdale, painted DiNapoli as an Albany insider who could not be trusted to manage the state's pension fund.

The New York State Pension Fund, and the taxpayers who have to backstop it, have lost billions of dollars because Tom DiNapoli made risky investments on Wall Street in an attempt to meet an unrealistic return expectation that any private sector money manager in America — except maybe Bernie Madoff — would know is a fallacy.»

I've met with anywhere from small community banks, to a larger insurance company, and even sat down with a few portfolio managers at a state pension fund.

Meanwhile, the managers of California's massive pension fund, CalPERS, have argued that divestment in general is not in the interests of the state's current and future retirees.

Currently there are eight fund managers for the private sector the NPS and that includes HDFC Pension, ICICI Prudential, Reliance Capital, Kotak Mahindra, Life Insurance Corporation of India, State Bank of India, UTI and DSP Blackrock.

LISA hosts events to educate institutional investors — state and municipal pension fund managers, among others — that securitized life settlements are safe, non-correlating assets that should be included in a well - diversified portfolio allocation.