Alternatives
Ontario Teachers’ Finance Trust Issues First Green Bond
Canadian pension fund issues €750 million 10-year bond earmarked for sustainable investments.
Tag: ESG
Asset Allocation
Sustainable Investments Account for One-Third of AUM in US
Assets dedicated to such strategies have grown 42% in two years to nearly $17.1 trillion.
Expect an Increased Tempo for ESG Investing Post-2020
A pandemic and calls for racial equity have only accelerated sustainable investments, and shaped the agenda for next year.
Asset Management Culture
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.
Alternatives
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.’
Risk
Australian Pension Fund Settles Climate Change Lawsuit
Mark McVeigh calls the settlement with Rest pension fund a ‘ground-breaking recognition’ of risks posed by climate change.
Regulation
DOL, Dubious About ESG Pension Investing, Cuts It a Bit of Slack in Final Rule
The regulation still requires that plans only use financial considerations in investments, but says companies’ pollution and bad governance may be factors, too.
Alternatives
Net Zero Becoming More Affordable Says Goldman Sachs
Advances in technology, finance, and shareholder engagement are significantly reducing the cost of de-carbonization.
Alternatives
Alts Investors Expect Deal Activity to Return in 2021
However, the way they make those deals will likely change forever.
Pensions
UK Pension Consolidation, Climate Change: Main Trends over Next 5 Years
Survey finds pension industry executives believe combating global warming takes preference over generating high returns.
Asset Allocation
Institutional Investors Press CEOs to Disclose Climate Lobbying Practices
Group says companies will be held accountable for not aligning with the goals of the Paris Agreement.
Alternatives
OECD Report Outlines Challenges Facing ESG Investing
Study finds ‘little evidence’ of consistent ESG over-performance in recent years.
Asset Management Culture
Harvard Spins Off Natural Resources Team
Solum Partners will be led by former Harvard Management Company division chief Colin Butterfield.
Alternatives
CPPIB Continues to Bulk Up on Renewable Energy
Canadian pension giant invests twice as much in renewable energy in 2020 as it did in 2019.
Asset Management Culture
Connecticut Treasurer and Ford Foundation Launch Diversity Coalition
A partnership of 14 firms representing about $460 billion in market cap is addressing racial economic disparities in their organizations.