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Pension Funds

Venture Funding Unrefined: An Inconvenient Truth

Victoria Silchenko | Posted 09.16.2016 | Business
Victoria Silchenko

While most of us obsess over access to private capital to kickstart new ventures, a very sizable part of such capital is already quietly flowing in th...

Pension Funds Can't Afford to Be Penny Wise and Pound Foolish

Marga Hoek | Posted 07.06.2016 | Business
Marga Hoek

Divestment from polluting fossil fuel companies is starting to become the order of the day. Examples include the largest pension fund in Washington D....

Pension Funds Tell Exxon To Tell The Truth About Climate Change

The Huffington Post | Ben Walsh | Posted 05.12.2016 | Business

Pension funds are putting pressure on ExxonMobil to start telling its shareholders how climate change will affect the oil giant’s business. The Cali...

Climate Change Poses A Big Risk To Your Retirement Savings

The Huffington Post | Ben Walsh | Posted 05.03.2016 | Business

Many of the largest U.S. investment funds, including pensions, are doing nothing to protect their investors' savings from the financial risks posed by...

Africa Declining or Rising?

Paul Mashegoane | Posted 04.06.2016 | Business
Paul Mashegoane

There is a narrative that Africa is rich underground, not above ground with the notion of the resource curse. The Economist in 2000, published a magaz...

The Fed's Decision And The Developing Countries

Marcelo Giugale | Posted 09.14.2016 | Business
Marcelo Giugale

Will those edgy portfolio investors stampede indiscriminately out of--and wreak havoc among--middle- and low-income countries if the Fed lifts interest rates this September, for the first time in almost a decade?

New York City Considers Divesting From Walmart Over Gun Sales

The Huffington Post | Christopher Mathias | Posted 07.31.2015 | Business

NEW YORK -- New York City may divest hundreds of millions of dollars from Walmart and other big-name stores that sell guns and ammunition less than tw...

Money That Could Be Going to Social Services and Schools Is Instead Going to Illinois' Pension Debt

Matthew Dietrich | Posted 07.24.2016 | Chicago
Matthew Dietrich

Illinois state elected officials are working on creating a budget for the new fiscal year. But even once that budget is agreed upon, there won't be ne...

Some Pension Checks Vulnerable Under New Law

Terry Savage | Posted 02.14.2015 | Money
Terry Savage

Are you expecting a monthly pension check during retirement? If so, better check again. If you are covered by a multi-employer pension plan -- typically administered by unions that cover workers in a single industry -- some new rules passed by Congress as part of the omnibus spending bill may lead to cuts in your promised retirement benefits.

New Rules: Cyprus-style Bail-ins to Take Deposits and Pensions

Ellen Brown | Posted 01.31.2015 | Business
Ellen Brown

Rather than reining in the massive and risky derivatives casino, the new rules prioritize the payment of banks' derivatives obligations to each other, ahead of everyone else.

Why Monopolistic Pension Funds Undermine Capitalism

Roger Martin | Posted 12.07.2014 | Business
Roger Martin

If one looks carefully at these holders of competitive, capitalist company securities, one thing jumps out distinctly: they are not themselves competitive, capitalist organizations.

Against Divestment -- Why Walking Away Won't Make a Difference

Nell Minow | Posted 10.22.2014 | Impact
Nell Minow

Submit shareholder proposals. Nominate new directors. Attend annual meetings to ask questions of the executives and board members. But do not sell the stock that gives you the right to engage on the issues you care about with the people who can make a difference.

If You Can't Beat Them, Join Them - Private Equity's New Strategy?

Eileen Appelbaum | Posted 07.13.2014 | Business
Eileen Appelbaum

The PE industry's bread and butter -- using lots of debt to buyout companies (LBOs), take them over, and sell them a few years later at a huge profit -- is taking a back seat to PE's new strategy of betting on the stock market.

Zach Carter

You Didn't Even Know These Wall Streeters Were Ripping You Off | Zach Carter | Posted 05.09.2014 | Politics

WASHINGTON -- Private equity firms are routinely ripping off their clients, harming pension funds, universities and charitable foundations, according ...

The Hedge Fund That Ate Chicago

Les Leopold | Posted 07.09.2014 | Politics
Les Leopold

There's a battle royale raging in Chicago. It pits hedge funds, the Chicago financial exchanges, real estate interests and Mayor Rahm Emanuel on the one side, against public employee unions and community groups on the other.

A New Science of Pension Fund Management

Steve Currall | Posted 02.15.2014 | Business
Steve Currall

We urge other public pension funds to bring scientific research to bear on these questions. Like any other investor, these funds should invite, rather than resist, impartial scrutiny of their strategy

Hedge Funds and Pension Funds Are Oil and Water

Sean McElwee | Posted 01.23.2014 | Politics
Sean McElwee

Many states have underfunded pensions, partially because to the financial crisis and partially because of politicians underfunding them. In order to increase returns and close that gap, more pension systems are turning to alternative investments in hedge funds.

The Question of Mainstreaming Impact Investing

Ben Thornley | Posted 11.20.2013 | Business
Ben Thornley

The process of mainstreaming impact investing is, quite literally, about asking the right questions, and having the right answers ready to provide.

From Margins to Mainstream: World Economic Forum Tackles Impact Investing

David Bank | Posted 09.18.2013 | Impact
David Bank

From the folks who brought us Davos comes a new report that cautiously concludes that impact investing is ready to break out from its niche and captur...

Workers' Capital Stewards Urge United Commitment to Economic Impact Investing

Marco Trbovich | Posted 11.16.2013 | Business
Marco Trbovich

With the tremendous amount of pension capital that's currently managed, the market may be ignoring an enormous economic engine that could be reinvested in our communities at this time.

Privatizing Cincinnati's Retirement System -- A Bad Deal for Retirees, Workers and the City

Barbara J. Easterling | Posted 11.13.2013 | Politics
Barbara J. Easterling

A proposed charter amendment slated for Cincinnati's ballot this November would break its pension promises to city workers, harming working families and the city economy. It is part of an immoral national fight against retirement security.

Hey, Chicago, Whattya Say? Chapter 9 Is on the Way?

Bob Williams | Posted 10.08.2013 | Chicago
Bob Williams

Today, Chicago residents can count on their streetlamps working tonight and the police responding to emergencies in well under an hour. Unless they demand immediate action to address public employee retirement costs, that may not be true tomorrow.

My Top Quotes in Illinois

Madison Bondi | Posted 10.01.2013 | Chicago
Madison Bondi

The pension crisis still has no solution, and as each day passes, the Illinois taxpayers are the ones who pay the piper -- literally. It's cost ‪‎taxpayers‬ $21 billion since 2000, and it's only getting worse.

My Top Quotes in Illinois

Madison Bondi | Posted 07.23.2013 | Chicago
Madison Bondi

The subject of political corruption is nothing new to Illinois, but the recent accusations of patronage against House Speaker Michael Madigan made by ...

My Top Quotes in Illinois

Madison Bondi | Posted 09.16.2013 | Chicago
Madison Bondi

Last week Governor Pat Quinn fulfilled his threat to lawmakers that if they did not come up with a proposed solution to the pension crisis, they will ...