CalSTRS

In recent years microfinance has steadily risen in significance. However, it is not on everyone's radar and questions remain about its sustainability, as Alison Swersky reports

US - Nine public pension funds are calling for Massey Energy shareholders' to withhold support from three board directors claiming they have failed to carry out their safety oversight duties.

GLOBAL - Only 11.8% of respondents to the Global Pensions 100 Panel said they have made or are considering making investments in microfinance vehicles. The results, come after the California State Teachers' Retirement System began last month a discussion...

US - Taxpayers across the US owe public school teacher retirement accounts about US$933 billion, nearly triple the amount reported by the plans themselves, a study said.

GLOBAL - BP's disclosure on the financial, environmental and human rights risks of its controversial Canadian tar sands project remains insufficient, an investor coalition said.

US - Californian schemes have dismissed the conclusions of a study by the Stanford Institute for Economic Policy Research (SIEPR), which claimed the funding level of the three largest Californian pension funds has so far been understated due to the accounting...

GLOBAL - Top US and Australian pension funds are supporting a resolution filed by a group of investors from all over the world asking British Petroleum (BP) to disclose information on oil sand projects.

US - The funding level of the three largest Californian pension funds has so far been understated due to the accounting rules used, a study by the Stanford Institute for Economic Policy Research (SIEPR) revealed.

US - The California State Teachers' Retirement System (CalSTRS) will begin debating this week maiden investments in microfinance.

US - Some of the largest pension fund investors and corporate governance experts in the US have urged senators not to undermine key provisions in a bill proposing sweeping reform of the US financial system.