Sweden’s recipe for success: Active, low cost, ESG
CEOs at Sweden's four buffer funds link stellar returns to low costs, sustainability and active management.
Divesting from the oil sector has been a boon for La Caisse’s performance, as the Canadian pension giant says its energy investments have earned billions in value-add compared to the benchmark since the inception of its climate strategy. Head of sustainability Bertrand Millot unpacks the fund’s approach in an interview with Top1000funds.com.
CEOs at Sweden's four buffer funds link stellar returns to low costs, sustainability and active management.
PMT, the Dutch fund for metal and technical workers, has just increased the screens guarding its equity and bond allocations from ESG laggards. It is also increasing its engagement with companies to try and build climate awareness.
Texas Teachers has kicked back against its proxy advisor ratcheting up voting powers on companies subject to its benchmark policy climate provisions. Rather than blindly follow climate voting advice, TRS will introduce a customised benchmark to give it freedom to vote in accordance with the pension fund’s "best economic interests".
Railpen, well known for its belief in the cost and control benefits of inhouse management visible in its large in-house team has also built up an internal engagement team to better align stewardship with its ESG objectives, particularly ambitious net zero targets.
It is fundamental that asset owners contribute feedback to the prototypes on climate and general sustainability disclosures issued by the International Sustainability Standards Board (ISSB) according to Janine Guillot, special adviser to the ISSB chair.
The United Nations Joint Staff Pension Fund plans to explore impact investment for part of the $90 billion portfolio including in developing and emerging markets like Africa, and boost diversification of its investments across developed, developing and emerging markets.
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