Climate Change Engagement - Brad Lander has been engaging with BlackRock on climate change since 2022 [2] - BlackRock, along with 49 other asset managers, submitted plans to hold portfolio companies accountable to climate change by June 30th [2] - Lander has been reviewing these recommendations for the past five months [3] Asset Manager Recommendations - Lander is recommending that the pension funds stay with 46 out of 49 asset managers [4] - BlackRock's mandate is recommended to be dropped at $42 billion [5] - Fidelity Investments and Panera have a combined $750 million of assets under management for the pension funds and are also recommended to be dropped [5] BlackRock's Response - A BlackRock managing director alleges the firm is abdicating its financial duty and undermining the retirement security of hardworking New Yorkers [3]

A small circle of investment consultants played a central role in the multi-trillion-dollar push into private markets, steering US pension funds toward private equity, real estate and hedge funds, according to a new study https://t.co/w8qVhRivYM ...

Mexico’s pension funds, sitting on record cash piles, are looking to ramp up allocations to private equity, credit and other alternatives amid new rules that expand their investment power https://t.co/MA5OBfSTmI ...

In the staid world of sovereign wealth and pension funds, an evolution is underway that could rewrite how trillions of dollars get invested https://t.co/wpdaJb7zUl ...

Peruvian pension funds are taking a hit after Brookfield Asset Management announced the dissolution a subsidiary that operates the country’s two busiest toll roads https://t.co/tSz1cxEJ2p ...

British pension funds need more incentives to hold UK equities, according to the boss of the London Stock Exchange https://t.co/DGI9AoArEp ...

Investment & Collaboration - Australia's largest pension funds are engaging with UK government officials and counterparts to promote investment in the region [1] International Relations - A summit is being held in Britain to foster investment opportunities [1]

A big slice of Australia’s pension funds is tied up in private markets. Here's what happens when these opaque investments go wrong: https://t.co/3hVqewMshk https://t.co/klA9aWbVus ...

The vast scale of Australia’s rapidly expanding pension funds mean they could amplify stress in the event of a severe market-wide liquidity disruption, the Reserve Bank said in a half-yearly assessment of the nation’s financial system https://t.co/C0VUmLapMR ...

India will scale back the issuance of longer-maturity bonds over the next six months, as demand from insurance and pension funds shows signs of easing https://t.co/JoKnu9gNQo ...