The world’s largest pension also excluded a telecom firm for aiding the expansion of Israeli settlements in the West Bank.
U.S. Bank survey finds 58% of CFOs are optimistic about prospects three years in the future.
Moody’s warns that a prolonged conflict could hurt the country’s credit rating.
The portfolio’s market value dropped by more than $2 billion last year to $20.2 billion.
The asset class will still provide ‘highly attractive returns,’ even if economic growth slows, says First Sentier Investors.
Treasurer John Schroder calls ESG investing a threat to democracy and individual liberty.
Natixis’ Lavorgna sketches out how higher prices shrinks consumers’ income—and imperil the economy.
The public pension funds join a growing number of institutional investors pulling their money out of Russia.
