Australia’s Second Largest Pension to Divest from Thermal Coal
The fund also said it will reduce emissions from its listed equities by at least 30% in under three years.
Asset Allocation
Endowments Should Abandon Alts for Passive Investments, Report Says
Research shows that alternatives have become ‘serious drag’ on institutional fund performance.
Group of Pension Funds Worth $1 Trillion Creates Sustainable Investing Platform
The subscriber-based online tool reviews 8,000 companies against United Nation’s sustainability criteria.
Sam Zell Calls Markets ‘Too Optimistic,’ Expects U-Shaped Recovery
Although he says the economy is now in a recession, Zell doesn’t think it will be as deep as expected.
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.
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.