G20 investor group wants reform
Convincing policymakers to reform laws around infrastructure, carbon emissions and other aspects of long-term, sustainable economic growth may not be easy but a G20 group has started the dialogue.
Convincing policymakers to reform laws around infrastructure, carbon emissions and other aspects of long-term, sustainable economic growth may not be easy but a G20 group has started the dialogue.
Widgets are on the wane and disruption is the new normal, creating a need for a larger public sector with more market power, according to the former US Treasury Secretary, Larry Summers.
The investment community’s obsession with short-term earnings is detrimental but convincing investors to back the slow, patient money is a tough sell, according to the CIO of one of the largest US pension funds, Chris Ailman, speaking at the annual SASB conference.
The UK’s £30 billion Brunel Pension Partnership has published an asset management accord. The document is designed to clarify what it expects from its mandates and what they can expect from Brunel. A long-term focus, aspects of communication, and responsible investment and stewardship are among the topics the accord covers.
The sheer weight of money behind the world’s largest 100 asset owners represents a huge opportunity to show leadership in the allocation of capital. A Willis Towers Watson report reveals the 100 largest and which ones are meeting the challenge.
The C$60 billion ($48 billion) Investment Management Corporation of Ontario, the latest kid on the block in Canada’s pension scene, is planning its asset allocation 2.0, which will involve more private and direct investments, more internalisation and lower costs. Amanda White spoke to chief executive Bert Clark and chief investment officer Jean Michel.
Infrastructure