State Board of Administration of Florida
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Florida Retirement System posts preliminary 17.4% return
trueFlorida Retirement System returned a preliminary 17.4% for the fiscal year ended June 30, surpassing its benchmark by 38 basis points, the Florida State Board of Administration, Tallahassee, announced Tuesday.
Alliant shareholders reject firearms safety proposal filed by 2 pension funds
trueAlliant Technologies Inc. shareholders Wednesday rejected by a 92.3% vote a shareholder proposal on firearms safety filed jointly by the New York State Common Retirement Fund and the Connecticut Retirement Plans & Trust Funds, a company SEC filing shows.
Florida SBA puts $2.46 billion BlackRock bond portfolio on watch
trueFlorida State Board of Administration placed a BlackRock-managed $2.46 billion core fixed-income portfolio on watch because of the departure of a key decision-maker.
Florida SBA on lookout for global macro hedge funds
trueFlorida State Board of Administration is searching for global macro hedge fund managers.
Florida SBA earmarks $300 million for 3 real estate funds
trueFlorida State Board of Administration committed a combined $300 million to three real estate funds.
Florida seeks prime services, collateral management providers
trueFlorida State Board of Administration, Tallahassee, issued a solicitation for proposals in a search for prime services brokerage and collateral management services.
McDonald's shareholders ratify CEO's pay despite opposition by CalPERS
trueMcDonald's Corp. shareholders on Thursday voted to ratify the compensation of Donald Thompson, president and CEO, and four other top executives by a 93.5% vote, despite opposition by CalPERS.
Shareholders approve Goldman Sachs pay package, re-elect all directors
trueGoldman Sachs Group Inc. shareholders Friday voted 83% to ratify the pay package of Lloyd C. Blankfein, chairman and CEO, and four other top executives, according to a statement from the company after its annual meeting.
Pension funds oppose Chipotle executive pay
trueThree pension funds, Institutional Shareholder Services and Glass Lewis & Co. have lined up against Chipotle Mexican Grill Inc.'s executive pay package for Steve Ells, chairman of the company's board and co-CEO; Montgomery F. Moran, co-CEO; and two other top executives.
Ford shareholders approve executive compensation despite pension opposition
trueFord Motor Co. shareholders Thursday voted 75.2% of shares to ratify the compensation package of Alan Mulally, president and CEO, and other senior executives at the company despite opposition from CalSTRS, Canada Pension Plan Investment Board and Florida State Board of Administration.
Florida bill to raise international allocation max to 50%
trueThe Florida Legislature plans to send to Gov. Rick Scott a bill to enable the Florida State Board of Administration to raise its international investment allocation to 50%.
3 more reveal votes for Berkshire Hathaway
trueBerkshire Hathaway Inc. faces opposition to the re-election of directors from CalSTRS, Florida State Board of Administration and Trillium Asset Management, according to their proxy voting disclosures.
Barrick shareholders approve exec pay package
trueBarrick Gold Corp. shareholders ratified an executive compensation package with 80% of the vote despite opposition from the Canada Pension Plan Investment Board and the Ontario Teachers' Pension Plan.
Boeing shareholders nix proposals
trueBoeing Co. shareholders rejected all shareholder proposals, including calls for an independent chairman and disclosure of lobbying payments and policy, according to preliminary results provide by company spokesman John Dern.
CPPIB on opposing side of CalSTRS, Florida SBA for executive compensation at Barrick
trueCanada Pension Plan Investment Board is at odds with CalSTRS and the Florida State Board of Administration in their voting on the executive compensation plan of Barrick Gold Corp., according to their proxy-voting disclosures.