The World Bank Treasury provides capacity building and investment management services to official sector investment managers such as central banks, sovereign wealth funds and national pension funds to help countries efficiently manage foreign currency reserves and other investment portfolios. The focus is on building governance and risk management frameworks that balance return objectives with prudent risk management and controls. Engagements typically last three years and target broad institution-building of investment management operations.
The $3.5 billion Carnegie Foundation doesn’t report quarterly numbers and at its board meeting it doesn’t discuss performance at all. Pension funds looking to change behaviours towards a long term investing orientation could take heed from such foundations in how they report to their boards about performance.
Amanda WhiteMay 7, 2019
It began with simple restrictions on investments in tobacco and firearms. Years later, the United Nations Joint Staff Pension Fund has added new metrics, technology, data sets and engagement, in support of the philosophy that ESG factors and the sustainable development goals breed superior long-term returns.
Herman BrilJanuary 29, 2019
RisCura has partnered with Africa investor (Ai) Capital to launch the continent’s first infrastructure performance index. The new benchmark will cover the whole of Africa and will provide a critical tool for evaluating the risk/return profile of investments in this asset class. It should help fill a damaging shortfall in infrastructure development.
Hubert Danso and Heleen GoussardJanuary 7, 2019
ESG integration in fixed income is finally starting to happen but the challenges it presents aren’t the same as in equities; for example, bondholder rights and shareholder rights aren’t the same. Have a look at what’s necessary to further blend ESG and fixed income.
Georg Inderst and Fiona StewartNovember 13, 2018