Manager Selection
New Nest CIO Elizabeth Fernando Plans Steady-as-We-Go Strategy
Move into alts, doubts about emerging markets, and criticism of Shell highlight the pension program’s direction.
Nest and others are discussing how to embed environmental and other worthy goals into manager disclosures and selection.
New climate change policy expected to halve portfolio’s carbon emissions within 10 years.
Move follows series of funds no longer interested in carrying tobacco-related investments.
Lawrence Churchill will act in a ‘non-executive capacity’ for the start-up DB consolidator.
UK public fund says DC plans should take advantage of private credit.