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Ang angles for more dynamism at CPPIB

The Ann F Kaplan professor of business at Columbia Business School, Andrew Ang will teach a case study on the Canadian Pension Plan Investment Board’s (CPPIB) reference portfolio in the fall. While for the most part complimentary of the approach and process, he challenges the Canadian fund to consider a more dynamic reference portfolio. The […]
Sustainability

ESG and alpha

Academics collide on the relationship between environmental, social and corporate governance (ESG), and alpha. One view is there is a clear link that can be uncovered by a deep dive into the underlying factors using a sophisticated operating engine. The other perspective is that the market will price in environmental and social factors, the way […]
Investor Profile

Behind CalPERS’
sustainability report

In its most simple form, CalPERS defines sustainability as the “ability to continue”. This year CalPERS turns 80 and clearly “continuing” is something it wants to do. The strategy paper, presented to and endorsed by the board, explains the fiduciary framework the fund has adopted to integrate sustainability across the entire fund and sets out […]
Investor Profile

ESG alpha solution
in a labyrinth

More than 1000 asset owners and service providers have signed up to the United Nations Principles for Responsible Investment, and yet the question on everyone’s lips remains how to actually integrate sustainability into the investment process and ultimately add alpha. Bill Mills, managing partner of Highland Good Steward Management, has an idea and a platform […]
Uncategorised posts

Institutional investors fall behind USA Inc

Institutional investors are clearly behind in risk management compared to the innovative techniques implemented in treasury departments of corporate America, chief investment officer of Wurts and Associates, Jeff Scott says. Scott, who spent his career managing the balance sheet at Microsoft, Dow Chemical, the Alaska Permanent Fund and now investment consultant Wurts, says institutional investors […]
Uncategorised posts

Listed companies are failing on sustainability

US companies are failing to meet a 10-year roadmap to sustainability and some sectors globally are ‘inherently unsustainable’ requiring a drastic refocus, according to two separate reports released this week by leading sustainability research firms Ceres and EIRIS. A report on the progress that some of the world’s biggest companies are making towards achieving sustainability […]
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