Pension funds should demand an overhaul in the product offerings of funds managers and change the terms of mandates to incorporate environmental, social and governance issues in portfolios, according to Colin Melvin, chief executive of Hermes Equity Ownership Services, who pointed to a number of funds in the UK, including the owner of Hermes, BT
The financial crisis has challenged pension funds to rethink standard asset allocation models, but as Jonathan Armitage, head of US equities at Schroders observes, a lot of investors are questioning whether they need to react.
A new report commissioned by the International Finance Corporation (IFC), a member of the World Bank Group, has found environmental, social and governance investment criteria in emerging markets are being embraced by most of the asset management community despite the economic crisis.
Three of Europe’s largest institutional investors have teamed up to investigate the way environmental issues are assessed and managed by real estate companies.
The ability to appoint and dismiss company board directors is the most important shareholder right according to an overwhelming majority of delegates at the International Corporate Governance Network (ICGN) annual conference, who were more cautious on whether shareholders could actually influence corporate governance once they had the right to vote.
As the International Corporate Governance Network held its annual conference this week, its new executive director, Carl Rosen, spoke with Amanda White about the challenges for the year ahead, in particular prioritising the changes to shareholder rights in the US.
Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.
The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.
Top1000funds.com is read by investment professionals in more than 40 countries.
Uncategorised posts