Cbus benchmarks managers on climate risk
The $32.5 billion Australian superannuation fund has set emissions targets for portfolios and incorporated TCFD disclosure rules as it makes climate risk management a factor in awarding mandates.
Lower management fees and higher returns defined the latest selection process at the Swedish Fund Selection Agency in its latest awarding of active global equity mandates to 12 managers, its largest and most ambitious €20 billion ($23 billion) procurement so far.
The $32.5 billion Australian superannuation fund has set emissions targets for portfolios and incorporated TCFD disclosure rules as it makes climate risk management a factor in awarding mandates.
The $1.4 trillion Japanese fund will use deep-learning technology to monitor and evaluate the styles and processes of managers more effectively and pressure them to adopt high-tech tools.
OPTrust Labs will allow the Canadian pension fund’s research and development unit to take risks and fail so it can nurture new ideas and technology. It’s about “unleashing human activity”.
The Netherlands ended a six-year run for the Danish atop Mercer’s Global Pension Index. Europe dominated the rankings as all countries struggled to balance adequacy and sustainability.
The availability of big data and cheap computer power is making machine learning a profit driver for businesses. A panel of experts discussed related risk-management and governance issues.
As CIO of the world’s largest pension fund, Hiro Mizuno has restructured fees and forced a focus on ESG and stewardship. Now the fund is using AI to make sure managers practice what they pitch.
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