Head of France's
top public pension fund says engagement on climate change within companies can deliver results
Since taking Tom DiNapoli has aggressively fought misuse of public resources — strengthened one of the nation's
top public pension funds — and consistently spoken out against fiscal gimmicks — imprudent actions and government inefficiency.
Not exact matches
Recent
public spending in
top - ranked Norway has bolstered the nation's
pension plans, helped in part by the country's massive sovereign wealth
fund.
Other
top pension PE players over the same period were the Teacher Retirement System of Texas (15.5 percent); the Houston Firefighters» Relief and Retirement
Fund (13.6 percent); the Minnesota State Board of Investment (14.4 percent); and the Iowa
Public Employees» Retirement System (14.1 percent).
That opportunity is to attract or retain the business of
public pension funds and union related
funds (which control approximately $ 3 trillion in assets), the institutional leaders in the shareholder empowerment movement, which are shifting their portfolios away from high cost, actively managed mutual
funds and hedge
funds to low cost indexed
funds, the kind of
funds that the
top 10 largest mutual
fund advisors dominate in terms of market share.
Glass Lewis customers collectively manage nearly $ 8 trillion and include more than half of the
top 15 mutual
fund families *, more than half of the
top 15 institutional money managers * and more than half of the
top 15
public pension funds.
* Note:
Public pension funds, as listed by
Pensions & Investments (Jan. 2006); Money managers, as listed by Institutional Investor America's
Top 300 (2005); and Mutual
fund families, as listed by Strategic Insight (Nov. 2005.)
New York City announced it filed a multibillion dollar lawsuit against five
top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments from its $ 189 billion
public pension funds over the next five years.
In a case that could have ramifications for government transparency, New York's
top judges may decide whether details about taxpayer -
funded teacher
pensions should remain hidden or be open to the
public.
Tax returns for state Comptroller Thomas DiNapoli show the sole trustee for the $ 152 billion
pension fund received almost $ 9,000 from investments and interest on
top of his $ 146,838
public salary in 2012.
The total boost for 45 of the bureau's 61 positions would
top more than $ 2 million, and comes after the Stringer got an external firm to review what similar positions pay on Wall Street, at city nonprofits and at other sizable
public pension funds.
The three
top issues were teacher
pension funding,
public education
funding, and collective bargaining rights, Waxenberg said.
Real estate is a core practice area for Clarkslegal, with a
top quality client base from the commercial,
public and third sectors including
pension funds.