Raytheon Technologies to Launch Diverse Manager Program
Asset managers for the $110 billion corporate plans should start hiring with race, gender, and other considerations in mind, CIO Robin Diamonte says.
Robin Diamonte, chief investment officer at Raytheon Technologies, expects to soon launch a diverse manager program, pressuring the fund’s asset managers to hire more minorities and those from other underrepresented groups.
The investment team will start seeking and interviewing diverse managers for all of its new mandate searches, according to the investment chief. The fund will evaluate managers based on four diversity, equity, and inclusion criteria.
“I’m not doing this because it’s a social justice issue,” Diamonte told
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The Alberta Teachers’ Association is planning to go to court to fight Finance Minister Travis Toews’s recent ministerial order, which the ATA says reduces teachers control over their pension investments.
Teachers association to take legal action against Alberta government over pension dispute
The Alberta Teachers Association says it will be taking the government to court over a ministerial order signed last month that they say gives teachers less control over their pensions.
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Oxenwood Real Estate, the UK and European real estate investment management firm, and its joint venture partner, Alberta Investment Management Corporation, have bought the 4.7-acre site at 16 Eastman Road, Acton.
The deal with RSN Property Limited means the dairy will be relocated, and a new single-occupier 100,000 sq ft logistics facility will be built.
The location offers easy access to the M4 and M40 motorways and is surrounded by densely populated, affluent London boroughs, thereby offering future potential logistics occupiers the perfect opportunity to ‘shorten the last mile’.
Jeremy Bishop, co-founder of Oxenwood, said: “During the leaseback period, we will look to identify an occupier with whom we can work to deliver a high-quality last mile logistics facility”.