More than 480 registered attendees are set to gather in the shadow of the iconic Brooklyn Bridge September 9-11 to hear a dynamic lineup of speakers at the Council of Institutional Investors’ (CII) 2024 Fall Conference.

CII members including CIBC US Private Wealth Management, the Employees Retirement System of Texas, Fire & Police Pension Association of Colorado, Healthcare of Ontario Pension Plan Trust Fund, Los Angeles County Employees Retirement Association (LACERA), Mitsubishi UFJ Trust and Banking Corporation, RBC Wealth Management, Teacher Retirement System of Texas, Virginia Retirement System, West Virginia Investment Management Board and the Wyoming Retirement System recently sent a letter to members of the hedge fund industry urging hedge funds to implement cash hurdles in incentive fee arrangements as a best practice standard.

Indiana Secretary of State Diego Morales sent a cease-and-desist letter on August 22 to BlackRock alleging securities fraud and accusing the asset manager of making “false and misleading statements” about its environmental, social and governance (ESG) funds.

Norges Bank Investment Management (NBIM) August 21 sent letters to Institutional Shareholder Services (ISS) and Glass Lewis urging the two proxy advisors to favor executive pay plans with simple equity incentives that have vesting schedules of at least five years rather than plans with performance share units (PSU).

The National Legal and Policy Center (NLPC) filed a brief August 19 in federal court in Omaha, opposing a motion by Warren Buffet and Berkshire Hathaway to dismiss the conservative group’s lawsuit.