One year after a ground-breaking Mercer report into the potential impact of climate change on portfolio performance, more than half of investor participants have decided to include climate change considerations into risk management and/or strategic asset allocation decisions.
CalPERS chief executive Ann Stausboll told delegates at an investor summit on climate change held in New York this week that the fiduciary duty of pension funds should extend to issues outside the parameters typically understood as being directly related to beneficiaries’ financial interests. Stausboll said it is a fiduciary duty of investors not only
In this paper MSCI’s Christopher Finger reviews the dynamics of the CDS-bond basis during the 2008 crisis and how it behaves in this new period of market distress.
The defined contribution-dominated Australian superannuation market could do well to borrow the investment philosophy of its defined benefit cousins to better accommodate an individually-targeted retirement income strategy, a new paper finds.
New York City Comptroller John Liu has rallied NYC pension funds in a call for high profile firms JPMorgan, Goldman Sachs and Morgan Stanley to beef up clawback provisions for senior executives.
IMQubator, the emerging manager fund of funds backed by APG, will establish an international capital introduction network, as part of a plan to attract institutional investors in addition to the Dutch giant.
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