January 13, 2017
A struggling pension fund for Kentucky employees has cut back on hedge funds while remaining averse to long-term risk and hopeful of a better climate for US equities to help it recover.
The link between better governance and stronger returns lies somewhere between faith and fact; however, in a historically tough climate, the argument for best practice seems overwhelming.
We can debate the certainty of risks and returns, but maintaining that investment in tobacco is in the best interests of ordinary workers is clearly becoming an increasingly difficult position.
From quantum computing increasing the risk of damaging cyber attacks to towering global debt levels, pension funds are being urged to adopt clear risk strategies to manage emerging risks.
In exercising fiduciary duty, it is not the origin of long-term value drivers that matters, but their financial materiality, and that includes ESG says Will Martindale, head of policy at PRI.
Fiona Reynolds, managing director of PRI, on her view of COP22, what Trump means for sustainable investing, and the role of China in green finance.
- Distressed Kentucky fund regroups 51 views
- Tough climate marks value in governance 40 views
- Fundamentally rewiring finance 14 views
- Investors from the moon: Fama 13 views
- German fund ÄVWL’s anti-cyclical ethos 8 views
- ILPA template adoption rate grows 6 views
- Balancing the long and short of it 5 views
- CalPERS did well to snuff out tobacco 5 views
- UPS pension fund’s opportunistic future 4 views
- Japan’s GPIF and the next 100 years 4 views