Tag: divestment

Asset Allocation June 5, 2020

USS Targets Tobacco, Thermal Coal for Divestment, Exclusion

UK’s largest pension plan will shun investments, like tobacco and coal, it deems ‘financially unsuitable.’

Alternatives May 14, 2020

Rockefeller Brothers Fund Profits From Divestment

Philanthropic fund from the family that founded Standard Oil is now 99% fossil-fuel free.

Asset Management Culture April 30, 2020

Oxford University Bans Fossil Fuel Investments

The endowment’s allocation to the energy sector has already been significantly reduced to 2.6% of its portfolio.

Asset Allocation April 23, 2020

Harvard Adopts Goal for ‘Net-Zero’ Greenhouse Gas Emissions by 2050

Directive for $41 billion endowment stops short of fossil fuel divestment demanded by faculty.

Asset Allocation March 3, 2020

Anti-Fossil Fuel Protests Hit Australia Pension’s Doorstep

Members of Australia’s UniSuper Fund protest against the fund’s fossil fuel investments.

Asset Allocation February 12, 2020

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.

Asset Allocation February 10, 2020

Georgetown Is Latest University Pledging to Unload Fossil Fuels—Someday

The Jesuit school said it will get rid of energy stocks over 10 years.

Asset Allocation February 3, 2020

NY to Investigate Coal Investments to See If Green Efforts Are Improving

Move is a step in the New York State Common Retirement Fund’s overall plan to decarbonize its portfolio.

Alternatives January 28, 2020

UK Pension Plan Tells Managers: Adhere to Low-Carbon Investments or Leave Us Alone

Brunel Pension Partnership sets out a ‘groundbreaking new approach’ to tackle carbon emitters.

Asset Allocation January 27, 2020

Fossil Fuel Divestment Yields ‘No Discernible Effect’ on Endowments

But study also finds divestment has no adverse effects on university portfolios.

Asset Allocation January 24, 2020

Rhode Island Launches Offensive Against Assault Weapons and Private Prisons

State Treasurer Seth Magaziner cites perverse corporate incentives and escalating violence for pulling investments out of the two industries.

Pensions January 23, 2020

New York City Takes ‘Major Next Step’ on Fossil Fuel Divestments

City hires Meketa Investment Group to develop divestment plan by end of year, citing federal inaction on climate change.

Asset Allocation January 21, 2020

More Than Half of UK Public Universities Commit to Divest Fossil Fuel

Divestment campaign gathers steam with 79 universities signing on since 2014.

Asset Allocation January 10, 2020

CalSTRS Rejects Fossil Fuel Divestment

A report details CalSTRS policy of engaging fossil fuel companies rather than dumping their stock, which it sees as a last resort and potentially harmful to the portfolio.

Asset Allocation January 9, 2020

NYC and London Mayors Urge Global Cities to Divest from Fossil Fuels

Mayors Bill DeBlasio and Sadiq Khan implore that ‘time is running out’ on climate change; provide a toolkit for divestment.

Industry White Papers

Investing in Real Estate, Look to New York—Here’s Why Capitalizing on near-term opportunities

2020 Long-term Capital Market Assumptions Q2 Update

Emerging Markets and Covid-19: Crisis or opportunity…or both? 2020 will be a challenging moment for Emerging Markets’ economies. But there will likely be a wide open Emerging Markets “door” that sees governments fall back on privatisation to bridge fiscal holes. In an environment of tight domestic monetary conditions and reduced cross border flows, the buyers of these assets have considerable advantage.

Meditations in an emergency Multi-Asset Strategist Adam Berger discusses the macro and market impact of the coronavirus and offers his "playbook" for the coming weeks and months, including thoughts on rebalancing and opportunistic investments.

The Power of Portfolio Flexibility Many investment managers apply strict portfolio constraints under the guise of risk management best practices. This paper examines the costs of those investment constraints and how an unconstrained investment approach can be key in generating long-term excess returns.

Quantitative Science—Actively Adding To Fixed Income Decisions Quantitative vs. active debate? This issue of Franklin Templeton Fixed Income Markets explains how our “active quant” approach sets us apart.