Norway Pension Fund Honcho Questions ESG Mandates
Yngve Slyngstad, who manages the money of the world’s largest sovereign wealth fund, thinks environmentally minded rules may hurt returns.
Yngve Slyngstad, who manages the money of the world’s largest sovereign wealth fund, thinks environmentally minded rules may hurt returns.
Opponents of the bill cite New York’s potential influence on the rest of the country.
Says actions from Climate Action 100+ initiative are starting to bear fruit.
Six-member advisory group calls on pension plan to adopt carbon-neutral goal of Paris climate accord.
Environmental interests remain the key investment focus for organizations set up for the wealthy.
Christchurch shootings, tighter firearm laws make for a quick decision from fund’s guardians.
Pension fund reduced the carbon intensity of its portfolio by 10% in 2018.
Pensioenfonds Detailhandel, citing new FTSE-BlackRock benchmark, cuts nearly one-third of its public equities.
Fund says rubber company’s plantations will lead to irreversible changes in the ecosystem.
Annual two-day event to feature hot-button discussions from the world’s leading asset owners.
Norway wants to reduce portfolio’s vulnerability to oil’s tendency to crash.
Norway’s pension giant has divested from 240 firms since 2012.