Pensions
GPIF External Managers Rank Microsoft, Enel Tops for Climate Disclosure
According to the $1.68 trillion Japanese pension giant, Microsoft “is undoubtedly a leader on climate reporting.”
Tag: HSBC
Asset Allocation
Kentucky Retirement System Trustees Say It Is Not Subject to State’s Anti-ESG Law
The board of the County Employees Retirement System informed Kentucky’s treasurer that the 2022 law conflicts with CERS’ fiduciary duties.
Newsmakers
NYC Pension Funds Call for Greenhouse Gas Disclosure From 4 Major Banks
Shareholder proposals have been filed with Bank of America, Goldman Sachs, JPMorgan Chase and Royal Bank of Canada.
Newsmakers
Kentucky Treasurer Targets 11 Firms for ‘Energy Company Boycotts’
BlackRock, Citigroup and JPMorgan Chase have all been threatened with state divestment due to alleged fossil-fuel bias.
Newsmakers
Institutional Investors Launch ‘ESG Book’ to Standardize Sustainable Data
Their goal is to make sustainability data more widely available and comparable.
Asset Allocation
The Amazing 10-Year Treasury and Its Slow-Motion Future
Why the benchmark bond is expected to rise, but at a sluggish pace.
Asset Management Culture
Former Bridgewater Co-Chief Eileen Murray Appointed to FINRA, HSBC Positions
One of the most notable female leaders in finance has accepted two new leadership positions after her exit from Bridgewater.
Corporate Moves
HSBC’s UK Pension Chief Joining London CIV
Mark Thompson will lead the local authority pension pool after eight years of running the bank’s DB and DC plans.
Asset Allocation
HSBC UK Pension Plan to Invest $328 Million in Renewables
Bank wants enough onshore solar and wind energy to power an Oxford-sized area.
ESG Strategy Varies by Region, Disclosure Still Needs Progress
HSBC report also finds ESG investing more common in Europe than Asia.