Newsmakers
Sustainable Funds See Record-Breaking Year in 2021
ESG funds attracted nearly $70 billion in net flows last year, a 35% increase from 2020.
Tag: ESG
Asset Allocation
Green Fossil Fuel Companies: Are They Possible?
The data so far seems grim, with one notable exception.
Newsmakers
New York Common Calls on Tesla to Disclose Spending on Discrimination Complaints
The pension made the move after a racial discrimination lawsuit led to a $130 million verdict in punitive damages.
Asset Allocation
British Pension to Shift $6.7 Billion Away from Polluters
USS is the largest private pension fund in the UK.
Newsmakers
CalPERS Board President Henry Jones Resigns, Theresa Taylor Elected as New President
The new board president is ‘really big on ESG,’ according to an ex-board member.
Newsmakers
CalPERS’ Project to Measure ESG in Private Equity Has 100 Organizations, $8 Trillion Participating
Environmental, social, and governance investing is notoriously difficult to measure in a private equity context.
Newsmakers
ESG Activist Larry Fink Takes Heat From Right and Left
The BlackRock CEO is either too radical or too namby-pamby, critics say.
Special Report: Tips From CIOs and Managers to Avoid Greenwashed Investments
Top CIOs suggest questions to ask when building your theses.
Regulation
UK Government Considering Relaxing Fee Cap on AUM
If the change goes through, plans will have more freedom to invest in lucrative private equity and venture capital.
Asset Allocation
Institutional Investors Are Flying Blind When It Comes to ESG Data
Standardized metrics and reporting are needed for environmental, social, and governance investing to reach a tipping point, a report says.
Asset Allocation
Why Is Africa’s Largest Pension Pulling Out of Africa’s Largest Asset Management Firm?
Allegations of poor management and corruption are the root of the problem.
Newsmakers
Priority Gaps Between Management and Investors Are Shrinking, EY Says
The two groups seem to agree that prioritizing talent management is key to success.
Regulation
How Is Europe’s Sustainable Finance Disclosure Regulation Working Out?
The rules require firms with 500 or more employees to disclose multiple ESG metrics.
Manager Selection
Blackstone Taps SASB Founder Jean Rogers as ESG Head
It’s the latest in a slew of recent ESG-related hirings by the private equity giant.
Newsmakers
Pressure Mounts on CalPERS to Ditch Fossil Fuels
One public commentator accused the pension fund of investing in ‘merchants of death.’