I penned an op-ed in Pensions & Investments on why fiduciaries should consider their best execution obligations in connection with rebates paid to broker-dealers by trading venues. (subscription required)
What should governmental and ERISA plan fiduciaries expect when they incorporate ESG into their investment decisions? The controversy involving CalPERS gives us clues.
Last October, Bloomberg BNA published a report of mine on the practical ERISA fiduciary implications of climate change on investment decision-making. Inadequate disclosures from issuers continue to remain an issue for asset managers.