PSNC 2025: Washington Update
Experts discussed the latest on ESG investing, cryptocurrency and the status of including alternative assets in defined contribution plans.
Tag: ESG investing
DOL to Craft New ESG Retirement Investing Rule
The decision marks the second reversal of a Biden-era rule from the department this week.
American Airlines Failed to Protect Workers’ 401(k)s in ESG Case, Federal Court Finds
A district court in Texas ruled in favor of a class action complaint alleging that the airline and its benefits...
District Court Strikes Down Missouri Anti-ESG Rules, Grants Statewide Injunction
A judge in the Western District of Missouri issued a final ruling in favor of a lawsuit filed by the...
Judge Denies American Airlines’ Bid for Summary Judgment in ESG Lawsuit
The trial is confirmed to begin Monday, June 24, in Texas federal court.
Judge Confirms Trial Date for American Airlines ESG Lawsuit
A Texas federal judge has scheduled a trial date, following the entry by attorneys for each side of pretrial materials,...
Nonprofit Group Launches Website to Counter Anti-ESG Information
The digital platform aims to improve public understanding of environmental, social and governance investing.
Navigating ESG: the Informed ESG Investor
In an uncertain regulatory environment, panelists discussed considerations for plan sponsors when evaluating whether to put ESG funds into an...
Former American Airlines Pilot Doubles Down on ESG Complaint
The plaintiff responds to an American Airlines motion to dismiss by alleging he was, in fact, defaulted into ESG-related funds...
NYC Pensions Seek Dismissal of ESG Lawsuit
Attorneys for the funds argue in their motion that the complaint is ‘wasting the court’s time.’
ESG Bluster Leads to No Effect for Three States’ Retirement Systems
For state pension funds considering environmental, social and governance investments, the sustainable strategies may be mightier than the letter.
DC Plans Slow to Adopt ESG Options
Many plan sponsors remain hesitant to implement environmental, social and governance investing until the Department of Labor rules on the...
California Pension Fund Seeks to Halve Exposure to Carbon Emitters
CalSTRS will move 20% of its public equity portfolio to a passive, low-carbon strategy.
Public Pension Funds Overwhelmingly Favor ESG Resolutions
State and local defined benefit pension funds support environmental, social and governance shareholder resolutions at higher rates than do general...
Florida Governor Bars State Funds From ESG Investing
DeSantis contends that applying climate and racial sensitivity to asset allocation could harm financial performance.
GOP Attorneys General Raise Fiduciary, Antitrust Concerns in Letter to BlackRock
August 4 letter to CEO Larry Fink seeks ‘clarification on actions that appear to have been motivated by interests other...
Florida’s DeSantis Joins Other GOP Pols in Opposing ‘Woke Capital’
Governor moves to bar the State Board of Administration from adopting ESG-investing tenets.
Products |
Investment Product and Service Launches
Northern Trust Front Office Solutions enhances liquidity management solutions for asset owners and Wilshire brings to market third-gen factor index...
Products |
Investment Product and Service Launches
LeafHouse Financial Services announces new DCIO service; Schwab Asset Management reduces fees on 10 funds; and Russell Investments expands personalized...