Dalio Forges ESG Partnership with French Firm
His Bridgewater hedge firm and Lyxor will offer climate-friendly investing vehicle in Europe in 2021.
Asset Management Culture
GPIF Invests $12.5 Billion in Morningstar, MSCI ESG Benchmarks
The Japanese pension giant has already started passively investing with the two US index providers.
Why Smith College Is Moving Its Endowment In-House
The $2 billion fund, now in the market for its first CIO, decided it’s big enough to shift asset management internally.
Veteran Series: For Matt Clark, Investing Is a Matter of Principle
A secret of the South Dakota pension plan chief’s success: putting a premium on inculcating strong values among staff members.
New York State Pension Fund Aims to Be Carbon Net Zero by 2040
The $226 billion Common Retirement Fund joins other institutional investors in following the Paris Agreement’s targets.
4 Public Pension Funding Strategies Besides Employer Contributions
Issuing bonds or tapping gambling revenues are among the methods some states adopt, the National Institute on Retirement Security finds.
CalSTRS Pressures Exxon to Be More Climate-Friendly, Backing Outside Directors Slate
The nation’s second-largest pension fund joins an activist investor in proxy push to elect four board members.
Carnegie Picks Mark Baumgartner as New CIO
The former IAS finance chief and rocket scientist was vetted by predecessor Kim Lew.
Canadian Pension CEOs Call for Increased ESG Disclosure
The eight funds, which represent $1.23 trillion in assets, said it is ‘vital’ that companies report standardized ESG data.
Will Cutting Down on External Managers Make a Difference?
Sure, it can help lower investment fees. But those after-fee returns? Researchers say that’s a mixed bag.
Expect More Inflation Ahead, but Not 1970s Levels, BlackRock Says
Asset management titan thinks pandemic stimulus and new Fed tolerance should lead to increases in the 2.5% range.
Ray Dalio Sides with Chinese Regulators over Jack Ma
Foiled IPOs be damned, diversifying into China is worth the risk, according to the Bridgewater founder.
Scottish Widows to Divest £440 Million from Firms That Fail ESG Standards
UK insurance and pension provider targets companies that it says pose the most severe investment risks.
Principles for Responsible Investment Calls for Reversal of Anti-ESG Trump Policies
CEO of UN-backed group says Biden administration has opportunity to ‘make American finance great again.’
Two More Pension Funds Apply to Treasury Department for Benefits Cuts
Arizona Bricklayers’ fund submits its first application, while Michigan Carpenters’ fund applies for the second time.