NYC Pension Funds Have Reduced Emissions by up to 27% Since 2019
Three of the city’s five funds are looking to reach net zero greenhouse gas emissions by 2040.
Asset Allocation
Norway Pension Giant Seeks To Remove ‘Rotten Apples’ From Portfolio
CEO Nicolai Tangen acknowledged that Norges Bank Investment Management ‘lost a considerable sum’ from the Silicon Valley Bank failure.
NGO Study IDs Vanguard, BlackRock as Big Climate-Change Villains
A report from environmentalists knocks the two asset managers for investing heavily in fossil fuel companies, despite their pro-ESG stances.
Saudi Sovereign Wealth Fund Beefs Up With Chunk of Aramco Stock
Receiving 6% of the oil behemoth’s equity, the fund has a long-term goal of diversifying the economy away from oil.
Japan GPIF Invests $3.7 Billion in Morningstar Gender Diversity Index
The index is designed to emphasize Japanese companies with strong gender and diversity policies.
Finnish Pension Fund Invests More Than $2 Billion in Climate-Focused ETF
Ilmarinen investment helps make the ETF launch the largest in U.S. history.
Anti-ESG Bills Progressing in Kansas, South Carolina Legislatures
The Kansas bill, which has reached the governor, would reduce the state pension by $3.6 billion and cut its funded level by 10%, a fiscal analysis says.
Will Private Equity Get a Piece of Pro Football?
If NFL owners allow it, the buyout bunch would be dipping into a lucrative pool.
Blackstone Raises Record $30.4 Billion for Real Estate Fund
The private equity giant has shifted from offices and malls to logistics, rentals and hospitality assets.
Norway Asks Sovereign Wealth Fund to Consider Adding Unlisted Equities
The $1.3 trillion pension giant is currently prohibited from investing in the asset class, but that may change.
Ontario Teachers’ Pension Buys Majority Stakes in Bioenergy Firm, Australian Farm
The Canadian pension fund makes $250 million capital commitment to Idaho-based Sevana Bioenergy.
Building Out the Grid: Investing in Generation, Transmission
Investment opportunities in electric power are rising in popularity, but that does not mean they are simple paths to success.
Wisconsin State Pension Defers $26 Million in Incentives After 13% Loss
The State of Wisconsin Investment Board also reported nearly $780 million in private equity investments in Q3 2022.
Correlation in 2022 Prompts Thoughts on How to ‘Lose Less’
Investors rethink allocations as performance volatility arises.
Global Investors Increase Focus on Portfolio Emissions
With no drop-off in reported climate commitments, implementation is the next challenge, according to Robeco research.