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NewsMandate roundup: Alstom picks Mercer as fiduciary
Plus: Dutch scheme selects Symbiotics; European schemes search for equities, property managers
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Norway sovereign fund ends Alstom monitoring
Corruption concerns had prompted greater scrutiny of French company
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Norwegian oil fund seeks proxy access to six US companies
Fund also places France's Alstom under observation for 'risk of gross corruption'.
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European investors excluded from US class action
[14:15 CEST 08-09] EUROPE – A US federal judge has ruled institutional investors in France, the Netherlands and UK should be wholly or partially excluded from a US class action against French transportation manufacturer Alstom SA.
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Norway roundup: KLP bans 16 stocks; local councils plan to tender
KLP sells off Motorola and 16 others; Ålesund, Øygarden and Ullensvang to put KLP-managed pension schemes out to tender
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KLP removes Chevron from blacklist after 13-year ban
Coal, tobacco companies added to banned stock list for Norwegian municipal pension provider
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Norwegian oil fund blacklists China's ZTE Corporation
Government Pension Fund Global cites corruption concerns
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GLP’s Global Logistics Business Announces Record Leasing and Developments in 2020
22.7 million sqm (244 million sq ft) of leases signed, driven by record levels of renewal leases and e-commerce demand
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Friday people roundup
PenSam, Allianz, Prudential, Caisse de dépôt et placement du Québec, Invesco, Spence & Partners, JLT Employee Benefits, LawDeb Pension Trustees
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Top-Line Watch: Investor Considerations in Run-up to 2018
It is approximately 18 months to 2018. And the clock ticks away towards a new world where there could be potentially significant revenue recognition changes due to the revised International Accounting Standards Board and US Financial Accounting Standards Board guidance, which will be effective from 2018.
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