CalPERS adding commitment to labor issues to proxy-voting guideline

In the updated guideline, the plan said it would hold “appropriate director nominees accountable at companies lacking human capital management related disclosures consistent with CalPERS’ Governance and Sustainability Principles and Labor Principles.'”

WISE Trust reports net return of 11.3% for fiscal 2024, led by global public equities, credit investments

“Despite a challenging economic environment, this impressive return aids in enhancing benefit security for our 10,000+ members and beneficiaries,” said Christopher Brown, the plan’s CEO.

Markets Group Releases Part 3 of the Next Elite

As we continue to celebrate the rising leaders of institutional investing, we are excited to unveil Part 3 of the Next Elite List—a recognition of the Deputy Chief Investment Officers and Senior Investment Officers shaping the future of asset management. These investment professionals are known for having what it takes to make it into the CIO seat, and have been nominated by Chief Investment Officers from Public Pension Funds, Endowments, Foundations, and Corporate Pension Funds.  They are helping to drive key investment decisions, demonstrating their leadership skills in navigating political environments, influencing portfolio strategies, and navigating complex market environments with expertise and foresight.