Pensions
Nest to Reduce Carbon in its Growing Emerging Market Strategy
The UK-based pension fund will drill down on renewable energy in the strategy, which will roughly double next year.
Tag: National Employment Savings Trust (NEST)
Asset Management Culture
New York State Pension Fund Aims to Be Carbon Net Zero by 2040
The $226 billion Common Retirement Fund joins other institutional investors in following the Paris Agreement’s targets.
Asset Management Culture
Australia’s IFM Investors Targets Net Zero Goal by 2050
The $114.6 billion fund joins a growing list of pensions and endowments aligning with the Paris Agreement target.
Asset Allocation
UK Pension NEST Aims for Net-Zero Carbon by 2050
New climate change policy expected to halve portfolio’s carbon emissions within 10 years.
NEST Picks Private Market Managers
UK’s $9.9 billion DC plan expects first capital to deploy in October as it prepares to enter unlisted markets.
Risk
UK’s NEST Pension to Quit Smoking
Move follows series of funds no longer interested in carrying tobacco-related investments.
Corporate Moves
Pension Protection Fund Founder to Become Clara’s First Chair
Lawrence Churchill will act in a ‘non-executive capacity’ for the start-up DB consolidator.
NEST Seeks New Ways to Access Private Credit
UK public fund says DC plans should take advantage of private credit.
UK Proposes Default Drawdown Options for Retirees
Parliamentary recommendation aimed at protecting the ‘less engaged.’