Calvert to Follow Revised Proxy Guidelines
June 19, 2003 (PLANSPONSOR.com) - Calvert, manager of a family of socially responsible mutual funds, has updated its proxy voting guidelines with a "sustainable governance" model.
Administration
Cerulli: Global Money Managers Eyeing Hedge Fund of Funds
June 19, 2003 (PLANSPONSOR.com) - Battle weary global money managers are turning their attention, and more importantly assets, toward alternative investments in hopes of relighting the positive return...
Bugs Bite Federal Pension Fund
June 19, 2003 (PLANSPONSOR.com) - Officials at the problem-plagued Thrift Savings Plan may well be thinking, "What did I do to deserve this?"
Watson Wyatt: Successful Corporate Restructuring Equals Greater TRS
May 19, 2003 (PLANSPONSOR.com) - Successful corporate restructuring and attainment of financial goals in the early 1990's led to greater total returns to shareholders (TRS) over the trailing...
Steel Woes Push Weirton Into Bankruptcy
May 19, 2003 (PLANSPONSOR.com) - The long-ailing US steel industry has claimed yet another victim as Weirton Steel Corp. filed for federal bankruptcy protection.
Proxy Advisors Back Pension Funds' Safeway Opposition
May 7, 2004 (PLANSPONSOR.com) - Efforts by state pension funds and other dissident shareholders to dislodge Safeway chairman Steve Burd from the supermarket company's board have gotten a...
SEC Looking Into Wachovia's Revenue-Sharing Practices
May 7, 2004 (PLANSPONSOR.com) - The U.S. Securities and Exchange Commission (SEC) has turned its investigative eye toward the mutual fund sales practices at Wachovia Corp.
CFOs Moving More Toward Partnering
May 7, 2004 (PLANSPONSOR.com) - More companies now rely on alliances with corporate partners to meet their strategic business goals - sometimes instead of opting for higher risk...
MA Fund Approves 5% Hedge Fund Allocation
April 7, 2004 (PLANSPONSOR.com) - The Massachusetts state pension system on Tuesday agreed to take a $1.6-billion hedge fund portfolio position despite the amount of fees hedge fund...
TIAA-CREF Bores in on MBNA
April 7, 2004 (PLANSPONSOR.com) - Continuing the growing trend of corporate governance activism by institutional investors including pension funds, one retirement plan on Tuesday urged MBNA Corp. to...
CalPERS Latest Activism Target: Asset Mgr. Comp.
April 7, 2004 (PLANSPONSOR.com) - The California Public Employees' Retirement System (CalPERS) is forcing asset managers to rethink how they pay their employees with its recent requirement that...
Morgan Stanley Gets Swept Into Market Timing Investigation
April 7, 2004 (PLANSPONSOR.com)The Securities and Exchange Commission (SEC) is investigating trades made at a Baltimore office of Morgan Stanley that recently fired two employees in relation to...
Milliman: Pension Assets Up 19.6% in 2003
April 7, 2004 (PLANSPONSOR.com) - Last year was good to the asset levels at defined benefit pension plans of the largest U.S. companies, but even with large gains,...
Institutional Investors Back Option Expensing
April 7, 2004 (PLANSPONSOR.com) - The Financial Accounting Standards Board's (FASB) proposal requiring all companies to list stock options as an expense in the income statement has broad...
Survey: Investors Lose Some Risk Appetite
April 7, 2004 (PLANSPONSOR.com) - Given market volatility of the last several years, it should not come as a surprise that many investors have become less of a...
OFI Launches Asset Allocation Tool
April 7, 2004 (PLANSPONSOR.com) - OppenheimerFunds, Inc. (OFI) has launched a new asset allocation tool.
San Diego County OKs Pension Bond Issue
April 7, 2004 (PLANSPONSOR.com) - Faced with a $1.4-bilion deficit in their pension fund, supervisors in San Diego County approved a proposed $400 million bond issue to cover...
Oregon Fund Joins Safeway Ouster Effort
April 7, 2004 (PLANSPONSOR.com) - Oregon pension officials are mad as heck about goings on at supermarket chain Safeway Inc., and - like many of their state pension...
MGM Execs Cash Out of Stock Options
March 19, 2003 (PLANSPONSOR.com) - Metro-Goldwyn-Mayer (MGM) Inc's Chief Financial Officer and General Counsel have opted out of 750,000 stock options for higher cash compensation.
Sprint Pledges Stronger Corporate Governance
March 19, 2003 (PLANSPONSOR.com) - Emerging from a firestorm of lawsuits after its failed merger with WorldCom Inc, Sprint Corp. has agreed to reinforce its corporate governance practices.