Is Setting ESG Standards Too Puzzling? Get Wide Feedback, SASB Says
If the rules seem subjective or unworkable, a good alternative for companies is to ask outside groups for their input, the sustainability advisory group suggests.
Asset Allocation
Vatican Calls for Catholics to Divest from Fossil Fuels
Church urges its 1.2 billion members to invest in renewable energy and to monitor mining activities.
Ray Dalio Fund’s Assets Tumbled 15% During Pandemic Crash
The world’s largest hedge fund took a long tilt in its positions leading up to the market dive, underestimating the coronavirus threat.
T. Rowe Study: Rebalancing Even in a Market Fall Is Vital
Sticking with a plan to regularly overhaul asset allocation is always a good idea, says the money manager.
CalPERS Revises Fixed Income and Public Equity Investment Policies
The policies move away from return-oriented goals to being a source of liquidity and strong beta.
Pandemic Spurs Growth in Health Care Technology Venture Capital Deals
2020 on pace for record year as health-tech deals rise 76% to $8.2 billion during first quarter.
The Dollar Will Keep Falling, UBS Predicts
Falling rates, political tensions, and less virus fear are the reasons, the Swiss bank’s CIO says.
Brunel Hits Carbon Intensity Target, Varma’s Real Estate to Be Carbon Free by 2030
European funds with a combined $87.2 billion in assets look to reduce their carbon footprints.
ESG ETF Investing ‘Should At Least Double’ This Year, Says Industry Savant
Investor interest has jumped amid challenges in the coronavirus crisis and George Floyd protests.
USS Targets Tobacco, Thermal Coal for Divestment, Exclusion
UK’s largest pension plan will shun investments, like tobacco and coal, it deems ‘financially unsuitable.’
Hawaii Makes $25M Venture Capital Investment for Local Growth
The state pension plan said local fund managers can expect to see an increase in commitments.
Low Funded Public Pensions Might Not Survive the Decade
Market downturn could be the final straw for struggling public pension plans.
Fixed Income Helps Master Trusts Weather Rough First Quarter
While plans with the highest fixed income allocation outperformed peers, few were unscathed.
University of California Now Fossil Fuel Free, Cornell Votes to Halt Carbon Investments
Downturn in traditional energy sector helps spur universities’ shift to clean energy projects.
SEC Recommends Creating Disclosure Framework for ESG Investments
Investment committee finds current ratings to be too confusing for investors and aims to create a firmer standard for reporting ESG metrics.