A high proportion of non-specific information – or ‘cheap talk’ – in climate commitments shows companies are not genuinely committed to significantly reducing greenhouse gas emissions
Commission urged to reclassify public-private investments to bolster SDG-related capital flows
Currency hedging costs in the bond markets US and EU government bonds less attractive for the pension funds, says Complementa
Over 30,000 Siemens members move to Standard Life master trust
The new document is designed to address complexities and reduce duplication in sustainability reporting
‘Our focus is not just on the fundamentals of driving high levels of compliance, but also working together to enhance the system and support innovation in savers’ interests’
As Veritas starts searching for a replaceent, Laura Wickström, portfolio manager, will be acting CIO at Veritas as of 30 April
Ethos Foundation bewails French oil and gas giant’s ‘flagrant disregard’ for shareholder rights
teh scheme’s ILS active portfolio posted returns of -4.98% last year
Almost all pension funds have now reached a 100% funding ratio, and only 0.2% remain underfunded
The ISSB Taxonomy will enable investors to search, extract and compare sustainability-related financial disclosures as ISSB establishes its global baseline of standards
As Veritas starts searching for a replaceent, Laura Wickström, portfolio manager, will be acting CIO at Veritas as of 30 April
Plus: Royal London restructures global equity team
The CEO’s exit was due to a confidential personal matter
Pension fund investment principles, strategies and decision-making have all become more complex in the wake of the growth of sustainability factors in general and climate change in particular. This has made the interpretation and practice of trustee ‘fiduciary duties’ more vexed and challenging than ever. A recent review of fiduciary duties in the UK by the Financial Markets Law Committee (FMLC) put it this way: “It is sometimes easier to state the duties than it is to apply them.”
In the foreword to this new book, the CIO of CERN Pension Fund, Dr Elena Manola-Bonthond, says that, in her experience, investment alpha is scarce and very often difficult to access. It can be costly and its persistence is sometimes questionable. But there are other types of alpha that are more accessible and governance alpha is definitely one of them.
Four years after Australians were allowed to withdraw superannuation savings to deal with the economic shock of the COVID-19 pandemic, they now know emergency measures will cost the nation A$85bn (€51bn) in future pension payments.
Many young professionals are deterred from pursuing careers in pensions due to insufficient knowledge and a perceived lack of career progression
Small island developing states may have a total population of only around 65 million, but through their exclusive economic zones they control about 30% of oceans and seas, according to the International Institute for Sustainable Development (IISD).
Schemes stick to strategic quotas, pushing back on government plans to support local economy
MEPs have now signed-off on an agreement which means the law will only apply to very large companies
Since the acceptance of the Paris Agreement in 2015, which bound nations to a legal commitment to reduce global temperatures, there has been a clear shift towards net-zero investing. While socially responsible investments are crucial for the mitigation of climate change, recent calls to row back on ESG funds suggest some hesitation.
Out of the 19 boutiques businesses belonging to the Natixis Investment Management franchise, Thematics Asset Management is by no means the smallest, but it is not exactly a juggernaut, managing €3.3bn of assets at the end of last year. Yet, it is actively contributing to what could be a crucial evolutionary step for global investors.
Jonas Thulin, recently appointed CIO of Sweden’s Tredje AP-Fonden (AP3), talks to Carlo Svaluto Moreolo about his approach to asset allocation and portfolio management
Scheme’s strategic ambition is to move closer to the MSCI World index weightings
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Scheme’s strategic ambition is to move closer to the MSCI World index weightings
European pension funds have reduced their allocations to China as the outlook for the country’s economy becomes more uncertain
Investors flocked to the European junk bond market last year and despite a strong US economy, there is still appetite for European issuers
EU parliamentary elections are approaching fast. Current polls predict a shift to the right, with the current centrist parties remaining dominant and the extremist right overtaking the Eurosceptics. US President Donald Trump is still liable to be convicted in a criminal case, but his poll figures are rising.