Asset Allocation
Global Investors Increase Focus on Portfolio Emissions
With no drop-off in reported climate commitments, implementation is the next challenge, according to Robeco research.
Tag: Sustainability
Pensions
CalSTRS Cites Funding Status, Net Zero Progress, and DEI in Sustainability Report
Sustainability report highlights progress on topics including funding; the path to net zero; sustainable operations; and diversity, equity and inclusion.
Manager Selection
Bridgewater Promotes Karniol-Tambour to Co-CIO
Formerly co-CIO of sustainability, she joins Greg Jensen and Bob Prince in managing the $150 billion hedge fund’s portfolio.
Newsmakers
Han Yik Named Senior Advisor at New York State Teachers’ Pension
Yik will advise NYSTRS CIO Thomas Lee on regulatory, public policy and ESG matters.
Risk
5 Ways to Supercharge a Portfolio Against a Blah Tomorrow, per CAIA
The group assembles an allocation strategy designed to overcome the meager results expected ahead.
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
Swedish Pension Responds to Accusation of Taking Blacklist Too Far
AP7 was accused of committing a ‘security scandal’ by linking Wärtsilä to nuclear weapons production.
Newsmakers
CalPERS to Bring in Consultant Lenox Park to Help Diversity Efforts
The firm is expected to assist with collecting data on emerging managers.
Newsmakers
Pressure Mounts on CalPERS to Ditch Fossil Fuels
One public commentator accused the pension fund of investing in ‘merchants of death.’
Risk
Climate Transition Risk to Have Greater Impact on Ratings
The quick changes needed to meet Paris Agreement goals could disrupt a variety of sectors, says S&P.
Asset Management Culture
Diversity, Inclusion, ESG Are Key Focuses for Headhunters Seeking CIOs
The pandemic and social upheaval have impacted trends in hiring at endowments, family offices, and foundations, recruiters tell our symposium.
Stanford Issues Novel Sustainability Bonds
The university says it’s the first higher-ed institution to issue bonds to reduce its adverse impact on the climate, which it plans to use to start a school focused on the environment.
Asset Management Culture
Utah Endowment Considers Realignment Toward Sustainability
University’s Academic Senate approves recommendations to shift portfolio to ‘positive sustainability investments.’
Manager Selection
Nest Commits $350 Million to Octopus Renewables for Green Infrastructure
‘We want to invest in the energy of the future, not the past,’ says CIO Mark Fawcett.
Pensions
CalSTRS Aims for New $2 Billion Sustainable Portfolio
Pension plan officials believe they can build a new private markets allocation without sacrificing investment targets.