Asset Allocation
Institutional Investors Double Down on Private Assets
Schroders says the pandemic exacerbated the need to diversify away from equity/bond market volatility.
Tag: ESG
Alternatives
Wells Fargo: Ax Natural Gas Too Early and the Green Energy Agenda Suffers
Gas, touted as the bridge between fossil fuels and renewables, is vital to ensure a smooth shift, a report argues.
Asset Allocation
Dartmouth to Phase Out Fossil Fuel Investments
The college warns that climate change effects are ‘real, far-reaching, and getting worse.’
Newsmakers
Blackstone Hires Global Head of ESG for Private Equity
Amisha Parekh joins the private equity firm from Bloomberg’s sustainable finance unit.
Alternatives
Op-Ed: The Green Gambit—Investing for Corporate Strategic Advantage in the Post-COVID-19 World
Alan Martinovich, with global management consultancy Arthur D. Little, says now is the time to make intentional moves that will drive green transformation.
Corporate Moves
TAE Technologies Hires William Coaker as First CIO
Kurt Braitberg has been tapped as his successor at the $34 billion San Francisco Employees’ Retirement System.
Research
401(k) Plans Need a Plan When Incorporating ESG Investing
DCIIA offers ‘tactical steps’ for integrating sustainable investing into defined contribution plans.
GOP Senators Lash Out at BlackRock, State Street for ‘Left-Leaning’ ESG ‘Pressure’
Pat Toomey and Ron Johnson say firms’ CEOs are putting personal views above their fiduciary duty.
Pensions
Japan’s GPIF Finds Portfolio Firms Proactive on ESG Disclosure
A report from the pension giant reveals a ‘virtuous cycle’ of providing non-financial information.
Pensions
Japan’s $1.7 Trillion Pension Giant Breaks Record, Returns 25% in 2020
Red hot equities help the world’s largest pension fund rake in $339 billion in investment gains.
Research
Which Companies Have the Most Open Records for ESG Reporting?
A Booth School study has some surprises in its survey of S&P 500 sustainability disclosures.
Risk
GAO Says US Gov’t Retirement Plan Vulnerable to Climate Risk
Its report recommends the Thrift Savings Plan be evaluated for its exposure to climate change risks.
UK Regulator Eyes Climate Disclosure Rules
The Financial Conduct Authority says current policies do not meet investors’ needs.
Risk
Ignore ESG Risk at Your Own Peril
Investors who overlook ESG-related issues may miss out on generating alpha, says data science firm RepRisk.
ESG Disclosure Bill Passes House by One Vote
It would require companies to reveal how environmental, social, and governance metrics affect their business strategy.