Seattle City Employees moves $25 million into real estate pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.
Seattle City Employees turns to ABS to run $60 million in Japanese portfolio
ABS Investment Management to run up to $60 million in a Japanese equity portfolio.
The $3.5 billion pension fund s board approved the hiring of ABS to run its multimanager strategy focused on the Japanese equity market at its April 8 meeting, said Jason Malinowski, chief investment officer, in an email.
The portfolio invests in multiple Japanese equity specialist managers with the goal of outperforming the MSCI Japan IMI index.
As of Dec. 31, the pension fund s actual allocation to public equities was 51.6%; the target is 48%.
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Coalition United for a Responsible Exxon (CURE) – Representing Stakeholders with over $2.2 Trillion in Assets – Calls for New Leadership and Strategy at Exxon
Letter to Board in support of multiple shareholder campaigns advocating change of governance and adoption of new, financially and strategically sustainable business plan
CURE”) was launched today with an open letter in support of meaningful change at ExxonMobil Corporation (NYSE: XOM) (“
Exxon” or the “
Company”). CURE represents a broad a spectrum of stakeholders focused on sustainability who are committed to delivering long-term returns that account for the realities of a changing energy sector. As of today, CURE’s over 135 members collectively represent over $2.2 trillion in assets. More details on the coalition can be found at CURExxon.org.