The University of California is dumping fossil fuel investments from its nearly $84 billion pension and endowment funds because they are a financial risk, its top financial officers announced Tuesday.
Environment
Sep 18, 2019
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(PhysOrg.com) -- California public employee pension systems are worse off than anyone previously projected, according to a new report generated by five graduate students in Stanford's Graduate Public Policy Program. The result ...
Economics & Business
Apr 6, 2010
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Benchmarks that measure the performance of pension funds, and fees charged to consumers by investment fund managers, require greater scrutiny, suggests new research from the University of Bath.
Economics & Business
Jan 26, 2016
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As pension funds have grown and become increasingly complex many have turned to using multiple, often pricier specialist managers to steer their investment decisions.
Economics & Business
Dec 15, 2009
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The California State Teachers' Retirement System says it plans to increase its investments in clean energy and technology to $3.7 billion, from $1.4 billion, over the next five years.
Energy & Green Tech
Sep 19, 2014
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California has a friend who's about to write a hefty personal check that could help ease the state budget crunch.
Business
May 8, 2012
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New research shows that U.S. public pension funds would be $21 billion richer had they divested from fossil fuels a decade ago.
Economics & Business
Jun 28, 2023
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Countries around the world are taking unprecedented action to stem financial collapse due to COVID-19. Governments are acting as insurers of last resort, providing liquidity to both individuals and corporations in dire straits.
Economics & Business
Mar 30, 2020
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At the start of the year, it's always a good idea to look around and see what has changed during the previous 12 months. In mid-December, energy consultant Amy Myers Jaffe examined the state of sustainability finance in a ...
Environment
Jan 4, 2022
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The health of the pension system is front page news in countries around the world with an ongoing debate on required contribution rates or minimum retirement ages. An equally relevant issue is how efficiently savings invested ...
Economics & Business
Sep 12, 2011
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