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Largest pension funds get bigger

Willis Towers Watson’s report on the top 300 pension funds for 2016 shows the world’s largest 20 funds have increased their share of global pension assets under management by 7.1 per cent.

Wake up to wasted capital, stranded assets

Sobering new figures in the latest report to highlight climate risk should resonate with trustees more than usual. According to the second study from Carbon Tracker and the Grantham Research Institute on Climate Change and the Environment, part of the London School of Economics Unburnable carbon 2013: Wasted capital and stranded assets, between 60 and […]
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Namibia’s challenge: development and depreciation

Namibia maybe one of the youngest countries in Africa but it has nurtured one of the continent’s biggest pension funds into life since gaining independence from South Africa in 1990. The Windhoek-based N$61-billion ($6.8-billion) Government Institutions Pension Fund, GIPF, accounts for over three quarters of Namibia’s entire pension assets and is the only defined benefit […]
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South Africa’s GEPF to invest globally

In the South African city of Pretoria, 50km outside Johannesburg, the sense of history is pervasive. The city was the capital of the apartheid regime and the site of Nelson Mandela’s presidential inauguration. It’s also home to Africa’s biggest asset manager the R1.17 trillion ($0.12 trillion) Public Investment Corporation, a state-owned body founded in 1911 […]

Fund “heads in sand” on climate risk

An Australian superannuation fund with A$6.6 billion ($6.9 billion) under management has achieved number-one ranking in a global survey of how the world’s top 1000 retirement funds, insurance companies and sovereign wealth funds are responding to climate risk. Sydney-based Local Government Super (LGS) has received the top ranking in the inaugural Climate Index of the […]
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African fund invests for returns and development

Returns should not be the sole driver of investment decisions as funds should consider the social, environmental and economic impact their capital can have, a senior official at Africa’s largest pension fund says. John Oliphant, head of actuarial and investments at South Africa’s $130-billion Government Employees Pension Fund (GEPF), says the fund considers high impact […]
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CalPERS steps up ESG drive

After an extensive review and high-level workshop earlier this month the CalPERS’ investment team will seek board  approval in December for a total-fund plan to more fully integrate environmental, social and corporate governance principles into all the investment decisions it makes in each of its asset class. CalPERS, ESG, MercerAsset Owner: