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BCIMC calls for 30% requirement for women on boards, in senior management
trueBritish Columbia Investment Management Corp. is calling for the Ontario Securities Commission to require Canadian corporations to reserve at least 30% of the positions for directors and senior management for women.
Christian Brothers doesn't want Buffett on Berkshire Hathaway's board
trueChristian Brothers Investment Services is opposing the election of all Berkshire Hathaway Inc. directors, including Warren E. Buffett, chairman and CEO.
More than half of Canadian pension funds eye further derisking measures
trueSeventy-one percent of Canadian defined benefit plans surveyed by benefits consultant Morneau Shepell said they've taken steps to derisk their plans since 2008.
Libyan Investment Authority looking to allocate $11 billion
trueLibyan Investment Authority, Tripoli, plans to hire external managers to run $11 billion of its assets under a restructuring plan, said Abdulmagid Breish, chairman of Libya's $66 billion sovereign wealth fund.
Deutsche Bank chooses new chief in makeover of asset servicing division
trueRafael Moral was named managing director and global head of Deutsche Bank's new investor services division, comprising agency securities lending, custody, and clearing and fund services.
Saskatchewan Government Insurance looking for investment consultant
trueSaskatchewan Government Insurance issued an RFP for a consultant for the investment portfolios of its four insurance companies, with a combined C$2.5 billion (US$2.27 billion) in assets, and the group's C$34 million defined benefit plan.
Australia's UniSuper invests A$100 million in World Bank green bond issue
trueUniSuper has become the cornerstone investor for the World Bank's first green bond issue into the Australian market, with an investment of A$100 million (US$93.5 million).
T. Rowe Price taps Ashmore veteran for senior institutional sales role
trueDavid Frazer joined T. Rowe Price in Sydney in a senior institutional sales and relationship role, with the title of relationship management, Australia and New Zealand.
BNY Mellon names Economist editor as investment strategist for Asia
trueSimon Cox joined BNY Mellon Investment Management in Hong Kong as a managing director and investment strategist for the Asia-Pacific region.
FLAG Capital Management appoints co-head of Asian business
truestrong>Myron Zhu joined FLAG Capital Management as a partner and co-leader of FLAG Squadron Asia, the private markets investment firm's Asia-Pacific operations.
BNY Mellon chooses North American distribution head
trueKimberly Mustin was named head of North American distribution at BNY Mellon Investment Management.
Neuberger Berman expands European high-yield team
trueAndrew Wilmont was appointed European high-yield portfolio manager at Neuberger Berman Group in London.
Ossiam to help China index leader develop minimum variance index
trueOssiam, a Paris-based quantitative money manager, announced Tuesday it had signed an agreement to help China's largest index provider, China Securities Index Co., develop a minimum variance index based on that firm's CSI 300 benchmark.
BlackRock garners RQFII license from China's regulators
trueBlackRock announced it had gotten a renminbi qualified foreign institutional investor license from the China Securities Regulatory Commission.
ERAFP scouting for SRI corporate bond managers
trueERAFP is searching for three money managers to run U.S. dollar-denominated socially responsible investing corporate bond funds.