Asset Allocation
$185 Billion Australian Retirement Trust Plans Thermal Coal Divestments
The fund will divest from companies who generate more than 10% of their revenue from coal production.
Tag: Exclusion
Asset Allocation
Norway’s Pension Fund Global Excludes Chinese Firm for Environmental Damage Risk
The $1.4 trillion pension giant also placed U.K.-based Petrofac on observation over allegations of corruption and bribery.
Newsmakers
Norway’s Pension Giant Adds Chinese, Indian Firms to Exclusion List
Pension fund accuses AviChina, Bharat Electronics of selling military equipment to Myanmar’s armed forces.
Asset Allocation
Norges Bank Raises Stake to 5% in Fossil Fuels Giant BHP
Norway’s sovereign wealth fund, which has been divesting coal and oil stocks, has the Australian company on a kind of probation.
Asset Allocation
USS Targets Tobacco, Thermal Coal for Divestment, Exclusion
UK’s largest pension plan will shun investments, like tobacco and coal, it deems ‘financially unsuitable.’
Asset Management Culture
Norway Pension Giant Dumps Nearly $3 Billion in Coal, Oil Stocks
However, weak krone erases over $438 million in value from now-excluded holdings.
News
Norway Pension to Exclude UK Security Firm G4S
Fund says firm is risky due to ‘systematic human rights violations.’
Newsmakers
Norway Pension Fund Excludes Halcyon Agri for Environmental Damage
Fund says rubber company’s plantations will lead to irreversible changes in the ecosystem.