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Exxon: Hedgefonds-Gründer Chris James zwingt Konzern zum Umdenken

Exxon: Hedgefonds-Gründer Chris James zwingt Konzern zum Umdenken
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U S pension funds supporting changes to Exxon board in battle over climate change

As Exxon Mobil Corp. shareholders continue their bid to force the oil giant to deal more aggressively with climate change, several large U.S. institutional investors are backing a slate of alternative directors. The company announced Wednesday that three candidates nominated by a dissident group of shareholders, called Engine No. 1, had been elected to its board […]

New York State Common allocates $4 billion

New York State Common Retirement Fund, Albany, completed $4 billion in manager hires and commitments in April, a new transaction report shows. The report, posted on the website of Thomas P. DiNapoli, the state's comptroller and sole trustee of the $254.8 billion pension fund, disclosed three new…

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