US - In the latest twist to the pension fund divestment saga, the blacklist has broadened to include Israel, targeted by a group of US activists demanding the Seattle Employees' Retirement System (SERS) divest from companies involved with Israeli occupied territories or based there.
The Seattle Divest from War and Occupation (SDWO) organisation presented a ballot initiative (I-97) demanding SERS also divest from any company that "participates directly in the occupation of Iraq" or...
US - The Teacher Retirement System of Texas has agreed to issue $6bn combined to Kohlberg Kravis Roberts and Apollo Global Management expanding its strategic partnership programme to the private markets.
US - All US institutional investors performed negatively in the third quarter of 2011 with the median public, corporate and multi-employer funds down 8.94%, 7.94% and 9.03% respectively, Wilshire Trust Universe Comparison Service (Wilshire TUCS) results...
US - The California State Teachers' Retirement System (CalSTRS) has adopted a policy which puts pressure on company management teams to disclose their political contributions.
US - The New York State Teachers' Retirement System posted returns of 23.3% in the 12 months ended 30 June, the highest one-year return in 25 years.
US - The $22bn Employees Retirement System of Texas (ERS) has selected Deutsche Bank as its new securities lending provider, replacing JP Morgan Chase.