Market Moves
Trio of Pension Giants Takes on ESG Naysayers
CalSTRS, USS, Japan’s GPIF warn public companies and asset managers to adapt or die.
Tag: ESG
Asset Allocation
PLSA Calls for Pensions to Hold Companies Accountable for Climate Change
New regulations require trustees to disclose ESG investment considerations.
Asset Allocation
Study Bolsters Case for Endowments’ Sustainable Investing
Growing body of evidence finds ESG investing can match or beat traditional investing.
Alternatives
Natural Resources Fundraising Faces Tough Environment
'Underwhelming' performance may influence future growth for the asset class.
The Untapped Potential of Infrastructure Investments’ Influence on Humanity
Investments in infrastructure can perpetuate on the advancement of our societies, while providing attractive defensive elements to a portfolio.
Asset Allocation
Big Danish Pension Fund to Trim Fossil Fuel Investments
The trend toward sustainable investments heats up as Denmark’s ATP joins the movement.
Asset Management Culture
Sustainable City-Building ‘London Fund’ Emerges After Brexit Dust Settles
Three pensions pool their capital to invest in residential property/affordable housing, regeneration, digital infrastructure, and clean energy.
Asset Allocation
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
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
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
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
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
BlackRock Makes Sustainability the Focus of its Investment Strategy
CEO Larry Fink says investment risk and climate risk are one and the same.
Asset Management Culture
New York Appoints Its First-Ever ESG Director
Andrew Siwo will help advance the massive portfolio’s green agenda.
Asset Allocation
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.