Miami General Employees' & Sanitation Employees' Retirement Trust hired State Street Global Advisors to run $10 million in passive domestic small-cap equities.
The $930 million pension fund's board approved the hiring at its Nov. 19 meeting, recently released meeting minutes show.
Funding comes from reducing an active domestic small-cap equity portfolio managed by Cramer Rosenthal McGlynn,…
If an employer wishes to introduce or update a leave policy, it should carefully consider the most appropriate form of communication to ensure that the latest terms are known and shared with the workforce. Some discretion should be retained, not only for circumstances that might not have been considered or defined, but also for the […]
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The Federal Court has imposed combined penalties of $4 million on Statewide Super for providing members with misleading information regarding their insurance and failing to report the issue to ASIC in the time required.
Henry Jones, who will resign as president of the CalPERS board on January 21, leaves behind a new mindset at the fund of tackling big systemic issues including sustainability and racism.
Three out of five (61.3%) UK professionals are unhappy with their current salary, according to a new survey. Independent job board CV-Library surveyed 1,500 professionals and revealed that lawyers, teachers and new graduates were the most disappointed with their current pay packets. Despite many being unhappy, more than half (54.6%) stated they had never tried […]
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Hotel chain Rocco Forte Hotels has introduced a new employee engagement and happiness programme across its global portfolio. Established by Sir Rocco Forte and his sister Olga Polizzi in 1996, Rocco Forte Hotels consists of 15 hotels and resorts located in Belgium, Germany, Italy, Russia and the UK, employing more than 1,600 members of staff. […]
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London-based neolender Proportunity has announced the appointment of Janet Klin as vice president of people and culture. Klin, who is a German-qualified lawyer specialising in employment law, has contributed to the recruitment and growth of the companies that she has worked for, including scaleable logistics technologies business Forto. She joined the organisation back in 2017 […]
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The third Monday of every year is Blue Monday. What’s that, you ask? According to Sky Travel, it’s the most depressing day of the year. Most people by now have returned to work after the holidays and get back to their usual routines. In addition, January in the UK is an especially dreary month weather-wise. […]
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