Study Bolsters Case for Endowments’ Sustainable Investing
Growing body of evidence finds ESG investing can match or beat traditional investing.
Asset Allocation
Anti-Fossil Fuel Protests Hit Australia Pension’s Doorstep
Members of Australia’s UniSuper Fund protest against the fund’s fossil fuel investments.
Texas Episcopalians Will Pay $13 Million in Racial Reparations
Compensating descendants of slaves is controversial, but the idea has gained traction in recent years.
Ontario Employees Pension Returns 11.9% in 2019
Public equity returns of more than 20% help boost OMERS’ total asset value to C$109 billion.
Ontario Teachers’ Strikes Gold in Flexible Natural Resources Deal
OTPP and New Gold Inc. trade instant capital for free cash flows from a gold mine, with the option to convert to ownership.
JP Morgan Chase Commits $200 Billion to Sustainability Financing
Often cited as a climate offender, the bank has capped lending to coal mining and Arctic drilling projects.
Illinois State Treasurer Pushes for Venture Capital Boost
A new proposal in the state Senate aims to expand grant authorization powers for VC funding.
Cryptocurrency Scam Allegedly Swindles Doctors Out of $33 Million
Michael Ackerman boasted his algorithm generated monthly profits of 15%.
Will the Election Make the Stock Market Volatile?
One-third of investors in poll expect choppy prices as 2020 rolls on.
New York Invests $800 Million into Green Bonds, Private Credit
The state pension plan is incorporating sustainable investing across asset classes.
Denmark’s Largest Pension Fund to Launch Sustainable Vehicle
PFA says Climate Plus will be carbon neutral in five years.
Harvard Faculty Divestment Vote Unlikely to Sway Endowment
The university’s management firm has resisted pressure to divest its $41 billion portfolio from fossil fuels.
Massive UK Pension to Cut Its External Hedge Fund Portfolio in Half
The Universities Superannuation Scheme intends to utilize its in-house investment team over managers.
Pushing for New Donors, Columbia Is Building a Climate School
The university made sweeping commitments to sustainability, including a carbon neutral pledge for 2050 and the appointment of a chief climate officer.
Georgetown Is Latest University Pledging to Unload Fossil Fuels—Someday
The Jesuit school said it will get rid of energy stocks over 10 years.