Pensions
BCI Sees Progress and Room for Improvement on Company Engagement
The $181 billion Canadian pension fund voted against management more than one-quarter of the time in fiscal 2023.
Tag: ESG
Asset Allocation
Japan GPIF Changes ESG Domestic Equities Index Due to ‘Large Tracking Error’
The $1.7 trillion pension giant has moved $20 billion to the MSCI Nihonkabu ESG Select Leaders Index.
Pensions
Japan’s GPIF Reclaims World’s Largest Pension Fund Title
The pension giant also released an annual survey evaluating the stewardship of its external asset managers.
Pensions
Episcopal Church Pension Fund’s Asset Value Rises to $17.5B in 2023
The fund’s portfolio also surpassed its benchmark with 10-year annualized returns of 7.3%.
Asset Allocation
Smart Money Portent? Bonds Are Gaining Allocators’ Interest
Meanwhile, allocators are moving out of stocks, which have been doing well lately, per a Nasdaq eVestment study.
Opinion
The Impact of Impact Investing: SDGs and ESG
By building a customized portfolio based on ESG and UN SDG principles, investors can have an impact without sacrificing returns.
Regulation
House Republicans Characterize ESG as an Anti-Trust Cartel
ESG skeptics allege that the investing strategy is a conspiracy to reduce fossil fuel production.
Risk
Allocators’ Biggest Worries? Finding the Best Data and Tools—and ESG
Macro concerns like wars also loom large for them, a Morningstar survey finds.
Pensions
State Court Rules Anti-ESG Investing Law Violates Oklahoma Constitution
Judge grants temporary injunction against the Energy Discrimination Elimination Act saying it could affect OPERS’ ‘financial soundness.’
Regulation
What do New China Tariffs Mean for U.S. Industries?
Biden’s new tariffs are unlikely to seriously disturb global markets, sources say.
Asset Allocation
Irony: BlackRock, Shunned by U.S. Energy-Producing States, Teams Up With Oil-Rich Saudi Arabia
The kingdom, one of the top producers of carbon-based fuel, and the asset management kingpin form an investment partnership.
Asset Allocation
What Do Allocators Like in Choosing Hedge Funds?
A thumbs-up for long-short and market neutral, and down for ESG and crypto, says Agecroft Partners.
Risk
Private Capital Fundraising Tilts Toward the Big Guys
Slowdown in number of firms pulling in fresh money means more for the top 10 funds, Preqin says.
Regulation
Mississippi Seeks to Fine BlackRock Over ESG Funds
The state’s order claims that the asset manager misled investors in marketing non-ESG index funds.
ISS ESG Unveils Climate Reporting Requirement Dataset
The new information is available via DataDesk, part of an evolving suite of climate solutions that allow users to analyze climate risk exposure.